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517 E Redlands BLVD Redlands, CA 92373
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Key Details
Sold Price $860,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID EV22250757
Sold Date 05/16/23
HOA Y/N No
Lot Size 8,258 Sqft
Property Description
The property sits along a busy corridor on Redlands Blvd at E State Street, at the huge crosswalk.
The immediate area is home to businesses like Yum Donuts, Cuca’s, McDonalds, Del Taco, the Taco Shack, and AM/PM. This longstanding Redlands auto repair and sales includes the real estate and the business, or just the real estate only if you desire. This hard-to-find, well-established location is highly desirable and includes a recently remodeled office.
The property is ultra visible with lots of nearby marketing opportunities. There is excellent monument signage with great visibility located at NE corner of property. The business enjoys many years of great reviews and goodwill, a good customer list, an automated website with email feedback capability and much more.
The zoning has recently changed to City of Redlands VG Village General (buyer to verify). The buyer does NOT have to run an auto business, but can if they choose to. The seller may consider a short-term sale leaseback. Also, one lender says you may be able to buy this property with only $88,000 down payment + fees if you qualify for their program.
Location
State CA
County San Bernardino
Area 268 - Redlands
Zoning VG
Interior
Fireplace No
Laundry None
Exterior
Utilities Available Electricity Connected, Phone Connected, Sewer Connected, Water Connected
Building
Lot Description Corner Lot, Paved
Story 1
Water Public
Others
Tax ID 0171084020000
Acceptable Financing Cash, Cash to New Loan, Submit
Listing Terms Cash, Cash to New Loan, Submit
Financing Cash to New Loan,Conventional
Special Listing Condition Standard
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Bought with BRAD FREEMAN • FREEMAN & ASSOCIATES