For Sale
$3,600,000

291 Highland AveSan Bernardino, CA 92404

San Bernardino, CA: Prime Retail Investment

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents three buildings totaling 5,494 square feet situated on a 0.76-acre lot in San Bernardino, CA. The property boasts a 100% occupancy rate, generating a strong return on investment. Strategically located at the signalized intersection of Highland Avenue and Waterman Avenue, this high-traffic area sees over 50,000 vehicles daily. The property benefits from its proximity to Dignity Health St. Bernardine Medical Center, a major 342-bed hospital, and the 210 Freeway (154,000 cars daily). This prime location is surrounded by a dense retail corridor, including well-known national and regional tenants such as Stater Bros Markets, Wells Fargo Bank, Walgreens, CVS Pharmacy, dd's Discounts, Chase Bank, Bank of America, and Cardenas Market. The strong demographics, with over 305,000 people within a 5-mile radius, further solidify the investment potential. The property consists of three buildings on three separate parcels, identified by APN numbers 0146-032-12, 13 & 14-0000. The asking price is $3,600,000, representing a price per square foot of $655.26. This is a core investment opportunity with significant upside potential in a thriving retail market. The property is classified as retail and mixed-use, with a storefront subtype.

Highlights

  • High-traffic signalized intersection of Highland & Waterman Aves (50,000+ cars daily).
  • Across from Dignity Health St. Bernardine Medical Center, a major 342-bed hospital.
  • Excellent freeway access via the nearby 210 Freeway (154,000 cars daily).
  • Strong demographics: 305,000+ residents within a 5-mile radius.
  • Located in a dense retail corridor with national and regional anchors including Stater Bros, Wells Fargo, Walgreens, CVS, and more.
  • Excellent investment opportunity.

Property Details for 291 Highland Ave

Property type
Retail properties, Mixed-use properties
Square Feet
5,494 SF
Buildings
3
Lot Size (sq. ft)
33,106 SF

Location Insight

City
San Bernardino
County
San Bernardino
State
California
Latitude
34.1354711
Longitude
-117.2793226
291 Highland Ave, San Bernardino, California

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291 Highland Ave
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