1263 N Mount Vernon Avenue, San Bernardino, CA 92411

$199,000

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List Price
$199,000
Status
ACTIVE UNDER CONTRACT
MLS#
26855697
Lot Size
20,000
Acres
0.46
Days on Market
24
Property Type
Land

Property Description

We are pleased to present the exclusive opportunity to acquire 1263 N Mount Vernon Avenue - a 20,000-square-foot (0.46-acre) General Commercial (CG-1) corner parcel on a high-visibility stretch of San Bernardino's Mount Vernon corridor. Level and delivered with all utilities to the site, the property is ideally suited for a single-tenant retail, owner-user, convenience store, service use, or small mixed-use development. This is a flexible, demand-driven infill site. CG-1 zoning supports a wide range of uses - retail, convenience and service commercial, and residential or mixed-use development of up to 47 units per acre - while a corner-influenced location just off the corridor's main retail intersection and 25,000 vehicles per day on Mount Vernon deliver the visibility tenants and developers seek. A dense, established trade area of 360,000+ residents within three miles drives consistent consumer and housing demand. Situated within a federal Opportunity Zone - with corridor housing pathways that can support new residential development - 1263 N Mount Vernon offers compelling long-term upside at an attractive basis. Offered free and clear and available individually or as a portfolio with 1686 N Mount Vernon, it is a rare opportunity to control a well-located corner pad in a supply-constrained infill market.

Additional Information

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None
Sewer
Other
Attached Structure
Detached

Listing courtesy of Listing Agent: Manny Nunez (manny.nunez@cbre.com) from Listing Office: CB Richard Ellis, Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.