Turnkey

Excellent opportunity to buy this Mixed Use Commercial Property in Colton Ca

1288 N Mount Vernon AVE , Colton 92324, Colton, CA 92324

$1,299,000 After Repair Value -
$1,299,000 Asking Price -
$0 Cost of Repairs =
$0 Potential Profit

Property Details

Asking Price $1,299,000

After Repair Value $1,299,000

Costs of Repairs $0

Potential Profit $0

Living Area N/A

Property Type Commercial Property

Bedrooms 0

Bathrooms 0

Half Bathrooms N/A

Parking 0

Listed with Agent 1

EPI (Estimated Potential Income)

Potential Rental Income N/A

Yearly Expenses $6,679

Property Taxes $4,670

Net Operating Income N/A

Cap Rate N/A

Property Description

Excellent opportunity to buy this mixed use commercial property for sale in Colton. Property consists of two buildings: First Building of 1,440sqft is used as a restaurant built in 1970 and has a kitchen, display area, eating area, one restroom, walking cooler and storage space. Second Building has 3,947sqft, built in 2005 and is used as auto service shops: 3 Doors are used as a transmission shop, other 3 Doors used as an auto mechanic and 1 door is used as a smoke shop. Each shop have an individual office and restroom. Property has plenty of parking spaces to accommodate both businesses. Long term Tenants in place that want to stay.

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Lucica McCabe

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