$650,000
Active
40 Days Online
0 Beds0 Baths3,698 SQFT
Active

12036 Bartlett Avenue Adelanto, CA 92301

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***Come VIEW and MAKE an OFFER TODAY! Amazing MIXED-USE COMMERCIAL INCOME PROPERTY located in expanding Adelanto CA. The property has an over 1 ACRE lot right in the heart of Adelanto's Business Park District. Just a block from Hwy 395 and not far from Interstate-15 the site offers excellent access to all of Southern CA. Plus the property is close to the SoCal Logistics Airport, and less than one block from Amazon's newly developed order fulfillment center. In addition, the site is part of Adelanto's BARTLETT AVE REHABILITATION PROJECT where millions of funding is being spent on massive improvements to infrastructure, as the city prepares for tons of FUTURE commercial/industrial GROWTH. The commercial building onsite has 7 units (2, 413sf) that have been generating steady income for years, also there are two residential units (1, 285sf) producing more income. Recently, the owner has upgraded the electrical and plumbing in the commercial building as an added bonus. Also, the residential units have been recently remodeled. Currently, the property is generating over $53, 000 in NET OPERATING INCOME, with the pro-forma potential of generating more revenue as rental rates continue to increase in the area. Furthermore, the NEW California ADU LAW, that took effect in 2023, gives property owners more rights related to adding ADU’s to their properties. The new ADU LAW further expands the property’s income producing potential. This property is an ideal opportunity for any savvy real estate investor looking for lucrative cap rates, or a business owner that needs more space to grow. A definite must see before it's too late.***

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountySan Bernardino
  • Taxes$1,229
  • HOA/Condo/Coop Fees$0
  • Days on Site39 Days
  • MLS StatusActive
  • MLS ID NumberHD23150143
  • Home Size Source N/A
  • Year Built1950
  • Lot Size1.1 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Frame
  • Parking Spaces 20
  • Number of Stories 1
  • Acreage 1.1
  • Water Public
  • Property Sub Type Mixed Use
  • Utilities Sewer AvailableSewer Connected
  • Listing Conditions Standard

Interior Features

  • Cooling Evaporative CoolingWall/ Window Unit(s)
  • Heating Natural Gas
  • Laundry Features None

Exterior Features

  • Roof Flat
  • Lot 6-10 Units/ AcreLevel with StreetLot Over 40000 SqftRectangular LotPaved

Community Features

  • MLS Area ADL - Adelanto

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Monthly Payment (Est.)

$3,144
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