For Sale
$2,500,000

406 Vanderbilt Way San Bernardino, CA 92408

Vacant Medical Office Building, San Bernardino

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 10,147 square foot Class B medical office building presents a unique investment opportunity in San Bernardino, CA. Located within the Summit at Tri-City office park, this two-story, 2006-built property sits on a 5,358 square foot lot (APN 0281-341-23) and is currently vacant, ready for immediate occupancy. The building offers 25 parking spaces and benefits from its strategic location near five hospitals, making it highly desirable for medical practices. The convenient location provides easy access to a variety of amenities, including popular restaurants like In-N-Out Burger, Olive Garden, and Café Organics, as well as several fitness centers such as Planet Fitness, Esporta Fitness, and 24-Hour Fitness. The property is zoned PFC. San Bernardino's office vacancy rate is at a record low of 5.5% (Q3 2024), with strong demand driven by government and medical tenants. The Inland Empire's growing population (4.7 million residents) and high proportion of retirees create significant demand for healthcare services and related real estate. This presents a compelling opportunity for owner-users or investors seeking a prime medical office space in a thriving market. The asking price is $2,500,000.

Highlights

  • 10,147 SF Class B medical office building in San Bernardino, CA's Summit at Tri-City office park.
  • Vacant, ready for immediate occupancy; 25 parking spaces.
  • Located near five hospitals, offering strong medical tenant demand.
  • Zoned PFC; sits on a 5,358 SF lot (APN 0281-341-23).
  • Asking price: $2,500,000; San Bernardino's Q3 2024 office vacancy rate is a record low 5.5%, driven by government and medical tenants.

Property Details for 406 Vanderbilt Way

Property type
Office properties, Medical offices
Square Feet
10,147 SF
Class
B
Year Built
2006
Buildings
1
Stories
2

Location Insight

City
San Bernardino
County
San Bernardino
State
California
Latitude
34.068777059035
Longitude
-117.27664521291

FAQs

What type of property is this?
Office property - Vacant Medical Office Building, San Bernardino
Where is the office property located?
The property is located at 406 Vanderbilt Way San Bernardino, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 10,147 SF Class B medical office building in San Bernardino, CA's Summit at Tri-City office park.; Vacant, ready for immediate occupancy; 25 parking spaces.; Located near five hospitals, offering strong medical tenant demand.
How can I contact the broker?
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406 Vanderbilt Way
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