
670 N Waterman Ave - Prime Multifamily Development Opportunity
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670 N Waterman Ave - Prime Multifamily Development Opportunity
4.28 Acres of Commercial Land Offered at $3,608,000 CAD in San Bernardino, CA 92410



EXECUTIVE SUMMARY
The property is located in the Baseline+Waterman Specific Plan within the Gateway District which allows for a variety retail, professional, mixed use, and multifamily up to 30 DU/acre. A portion of the Specific Plan-Gateway District is attached.
NO TRUCKING OR OUTDOOR STORAGE USES ARE ALLOWED.
NO TRUCKING OR OUTDOOR STORAGE USES ARE ALLOWED.
PROPERTY FACTS
Price | $3,608,000 CAD | Property Subtype | Commercial |
Sale Type | Investment | Proposed Use | |
No. Lots | 1 | Total Lot Size | 4.28 AC |
Property Type | Land | Opportunity Zone |
Yes
|
Price | $3,608,000 CAD |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | |
Total Lot Size | 4.28 AC |
Opportunity Zone |
Yes |
1 LOT AVAILABLE
Lot
Price | $3,608,000 CAD | Lot Size | 4.28 AC |
Price Per AC | $842,990.65 CAD |
Price | $3,608,000 CAD |
Price Per AC | $842,990.65 CAD |
Lot Size | 4.28 AC |
$1,000,000.00 Price Reduction! Located on the SWC of Waterman Avenue and 7th Street. Approximately 4.28 acres are being offer for sale. The 45,000 square foot portion developed as a car wash is not part of the sale. The zoning is GC-1.
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PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $4,964,608 CAD | |
Land Assessment | $2,895,059 CAD | Total Assessment | $7,859,667 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,895,059 CAD
Improvements Assessment
$4,964,608 CAD
Total Assessment
$7,859,667 CAD
ZONING
Zoning Code | CG-1 |
CG-1 |
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Presented by
Mike Fill Commercial Real Estate Broker
670 N Waterman Ave - Prime Multifamily Development Opportunity
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