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516 N California Avenue

Beaumont, CA 92223
  • $1,600,000
  • STATUS: Active
  • ON SITE: 110 Days
  • ID#: EV22022194
UPDATED: 28 min ago
$1,600,000
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1987
County:

School Ratings & Info

Listing Agent(s): John Fox of Keller Williams Realty (909-793-2100)


Description

A rare opportunity to acquire an 8,164 square feet free standing Commercial Building completely renovated in 2007 w/FREEWAY VISIBILITY and private parking lot in the business-friendly City of Beaumont. The property features 19 Appointed Offices, Conference Room, an attached Warehouse Area w/11 foot Ceilings and Rollup Shipping/Receiving Door, Freight Elevator, Elevator, four 5-ton HVAC Systems, Expansive Breakroom, Upstairs Coffee Room, four ADA Bathrooms, On-Site Shower and Individual Mailboxes for each tenant. Currently operates on a PER OFFICE LEASE & "Virtual Tenants" model with the ability to expand. Alarm, doors, light and HVAC system are controlled by an app. All current tenants have access via the app.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-26T07:34:26.387. 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 deemed reliable but is not guaranteed accurate by the MLS or Veronica Encinas Team | Coldwell Banker Realty. Licensed in the State of California, USA.
www.encinashomes.com/homes/125377050
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516 N California Avenue Beaumont, CA 92223

  • Price: $1,600,000
  • Status: Active
  • On Site: 110 Days
  • Updated: 28 min ago
  • ID#: EV22022194
0
Beds
0
Baths
0
½ Baths
0.28
Acres
1987
Built
Neighborhood:
263 - Banning/Beaumont/Cherry Valley
County:
Riverside
Area:
263 - Banning/Beaumont/Cherry Valley
Property Description
A rare opportunity to acquire an 8,164 square feet free standing Commercial Building completely renovated in 2007 w/FREEWAY VISIBILITY and private parking lot in the business-friendly City of Beaumont. The property features 19 Appointed Offices, Conference Room, an attached Warehouse Area w/11 foot Ceilings and Rollup Shipping/Receiving Door, Freight Elevator, Elevator, four 5-ton HVAC Systems, Expansive Breakroom, Upstairs Coffee Room, four ADA Bathrooms, On-Site Shower and Individual Mailboxes for each tenant. Currently operates on a PER OFFICE LEASE & "Virtual Tenants" model with the ability to expand. Alarm, doors, light and HVAC system are controlled by an app. All current tenants have access via the app.
Exterior Features

Lot Features 0-1 Unit/AcreCorner Lot Sign On Property YN No

Interior Features

Building Features Elevator(S) Cooling Central Air Cooling YN Yes

Property Features

Additional Parcels YN No Common Interest None Electric Expense 12000 Gross Scheduled Income 144742 Insurance Expense 5250 Land Lease YN No Laundry Features None Lease Considered YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanOwner May Carry Maintenance Expense 5250 Net Operating Income 73527 Operating Expense 71215 Property Sub Type Office Special Listing Conditions Standard Tax Annual Amount 25740 Trash Expense 4500 Utilities Electricity ConnectedNatural Gas ConnectedWater Connected Water Sewer Expense 3000 Water Source Public Zoning Cg



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-26T07:34:26.387. 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 deemed reliable but is not guaranteed accurate by the MLS or Veronica Encinas Team | Coldwell Banker Realty. Licensed in the State of California, USA.
 
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Veronica Encinas Team | Coldwell Banker Realty
840 Newport Center Drive, Ste. 100
Newport CA, 92660
Listing Agent(s): John Fox of Keller Williams Realty (909-793-2100)