Remarks

ATTENTION INVESTORS!! Great Investment Opportunity in the Heart of downtown Barstow at GREAT LOCATION, in the rapidly growing area of Main St. High Traffic & Great Street Visibility. Ready for your new business. Two Story building; The 1st floor is currently used as Warehouse. has 4,300 sf of a large spacious room, an office & 2 Bath. The 2nd floor has an apartment with 1300SF and 3 Bd & 2 Bath, at the back of the building. The projected yearly income of both is about $36k. The 4300 SF Warehouse can be easily turned into a business of your choosing. Demand for Commercial Leases on Main st is off the charts and the supply is so low. Main Street provides the high visibility that every type of business needs. making it an ideal location for new or established business.
Barstow is located along the 15 Freeway going to and from Las Vegas from Los Angeles and Orange Counties. The building is located in the growing western side of Barstow, where the Barstow International Gateway (BIG) is being developed. The city is currently experiencing rapid pace of growth and development, inspired by the upcoming BNSF Railway with investment value of $1.5+ billion to construct a state-of-the-art rail facility in the West side of Barstow. Close to the 15 Freeway and the Barstow Mall. Located on the same street; Mojave Toyota CDJR of Barstow, Mojave Nissan of Barstow, Midas, Roy's Café, Route 66 Motel.
The right corner of the building was slightly damaged by a hit and run incident. The engineering plan required by the city is already done at $4,500 and paid for by the seller. The repair quotes are around $11k-15k. Buyers can repair it for just 15k-20k. Then buyers can either lease it for lucrative income of $36k+ or flip it and resell it for $350k+. The opportunities are endless. Very motivated seller - Hurry, at this price, this opportunity won't last long. Submit your offer today!

Details

MLS#: HD24240551
Price: $230,000

Sq Ft: 5650.00
Year Built: 1931

County: San Bernardino