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Patricia Beattie

patricia@brivio.com +1(415) 286-8292

$2,400,000

Est. payment - /mo

0.59 Acres Lot

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UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID HD26094729

HOA Y/N No

Year Built 1985

Lot Size 0.588 Acres

Property Sub-Type Office

Property Description

Excellent Investment Opportunity – FOR SALE: ± 36,850 sf Two-Story, 33-Unit Garden Style Office Building. The Mercado Building is located in the heart of Barstow, CA at 222 E. Main Street and is currently 77 % occupied with a 8.43% cap rate based on actual income. The property is well maintained and features a strong tenant mix including Victor Community Support Services, Inc., Aegis Treatment Centers, Lighthouse Counseling, various medical and general office tenants. There is significant potential for added value through leasing the remaining units and improving the overall cap rate.

Barstow is a business-friendly city committed to long-term growth and economic development, with leadership actively encouraging new investment and development throughout the region. The city continues to position itself as a key logistics and transportation hub along the I-15 corridor between Los Angeles and Las Vegas. When the proposed BNSF Barstow International Gateway expansion project moves forward, it is expected to further accelerate economic activity and job creation in the area, driving additional demand for office and commercial space.

Location

State CA

County San Bernardino

Area Bstw - Barstow

Interior

Fireplace No

Laundry None

Building

Lot Description Street Level

Story 2

Water Public

Others

Tax ID 0181101500000

Special Listing Condition Standard

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Listed by Randy Sanchez MGR Real Estate, Inc 760-684-2139, DRE #01180997

Nearby School & Business

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Patricia Beattie

+1(415) 286-8292

Broker | License ID: 01405369

Broker License ID: 01405369

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222 E Main Barstow, CA 92311

Patricia Beattie

Key Details

Location

Interior

Building

Others

Nearby School & Business

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