57353 Twentynine Palms

Retail-Commercial for Sale
Catylist Listing ID: 30727003
Property Subtypes: Retail-Pad
Building Size (RSF): 8,850 SF
Gross Building Area: See Agent
Sale Price: $1,350,000
Unit Price: $152.54 PSF
Property Use Type: Investment
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 10/13/2021

Overview / Comments

Extremely well built commercial building in the heart of Yucca Valley. This 8,850 square foot pride of ownership complex consists of two separate buildings totaling 7 units and connected by a central courtyard. The property is 100% occupied by a variety of businesses, many of whom have been there for 20+ years. Current rents are under market and have a huge upside potential. This building is already connected to the new sewer system and the roof has recently been recoated. With the current expansion of the high desert, this property will be an exceptional long term hold in any investor's portfolio.

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: San Bernardino
Tax ID/APN: 0595-192-40-000
Zoning: C1
Retail Clientele: General, Business
Property Visibility: Excellent
Feet of Frontage: 138
Highway Access: Direct highway access
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 8,850 SF
Property Condition: Good
Year Built: 1985
Total Parking Spaces: 50
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,975 19,339 23,439
Median Age: 34.18 40 39.51
Households: 1,166 7,732 9,293

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