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Property Description

A great investment property in downtown Colton. The property recently signed a long-term tenant to a 10yr lease. The tenant pays for all utilities and landscaping maintenance costs. The lease is recent, so you will have 10yrs of market rent to maximize your yield. This is a low-involvement property yielding an attractive cap rate of 5.7%. rnrnRecent property upgrades include a New Roof Replacement (April 2023), an electrical system, insulation, and a gated front yard. There are many great opportunities for the growth of this property for any owner/user or investor. Property Features: – High Street Frontage – New Insulation – 400 Amps – 120/240v – 3 Phase 4wire – with updated electrical panels – (7) 12′ X 12” Roll Up Doors – Storage Mezzanine Space – 25′ (h) Monument Sign – Newly Fenced Yard Space – New Roof (2023). Call Listing Agent for more details.

Additional Information
Keller Williams Pacific Estate
0
PWCHEGAR
PB17646
Gary
0162191260000
: Standard

Commercial Sale For Sale

455 Valley Boulevard, Colton, California 92324

6,016 Sqft
$1,299,000
Listing ID #PW22217327
Basic Details
Status : Active
DaysOnMarket : 238
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : PW22217327
Price : $1,299,000
Living Area : 6,016 Sqft
Year Built : 1972
Country : US
State : California
County : San Bernardino
City : Colton
Zipcode : 92324
Price Per Square Foot : $216
ModificationTimestamp : 2023-06-01 13:17:25
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