346 and 348 Orange Street Redlands
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346 and 348 Orange Street Redlands
2 Retail Properties Offered at $3,511,700 CAD in Redlands, CA
Investment Highlights
- Seller Motivated! Recent Price Reduction!
- New development surrounds these assets.
- Downtown Redlands Transit Village Trade Area, across the street from the new Metro rail line depot.
- Portfolio sale of two retail buildings in Downtown Redlands, which may be sold separate if necessary.
Executive Summary
Portfolio sale of two retail assets. Contact City of Redlands for desired use, and for possible restaurant/ tavern use. Seller may carry-back with agreeable financing terms. Each building may be sold separate. Two buildings located right next to each other have been combined by opening up the wall between them, creating the opportunity to use the space as single building. However, the properties are on separate APNS allowing for each building to acquired separately.
Property Facts
| Price | $3,511,700 CAD | Number of Properties | 2 |
| Price / SF | $306.97 CAD / SF | Individually For Sale | 0 |
| Sale Conditions | 1031 Exchange | Total Building Size | 11,440 SF |
| Sale Type | Investment or Owner User | Total Land Area | 0.27 AC |
| Status | Active |
| Price | $3,511,700 CAD |
| Price / SF | $306.97 CAD / SF |
| Sale Conditions | 1031 Exchange |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 11,440 SF |
| Total Land Area | 0.27 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 348 Orange St, Redlands, CA 92374 | Retail | 6,490 SF | 1930 | - |
| 346 Orange St, Redlands, CA 92374 | Retail | 4,950 SF | 1920 | - |
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Roger Thompson -
Thompson Commercial Real Estate Investment Service
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346 and 348 Orange Street Redlands
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