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$650,000
2 bed
5 bath
3,698 Sqft
47,916 Sqft lot

12036 Bartlett Avenue, Adelanto, California 92301

  • Commercial Sale Property Type
  • 500 Days Time on market
  • $176 Price per sqft
  • 1950 Year Built
Property Description

***Come VIEW and MAKE an OFFER TODAY! Amazing MIXED-USE COMMERCIAL INCOME PROPERTY located in expanding Adelanto CA. The property has an over 1 ACRE lot right in the heart of Adelanto’s Business Park District. Just a block from Hwy 395 and not far from Interstate-15 the site offers excellent access to all of Southern CA. Plus the property is close to the SoCal Logistics Airport, and less than one block from Amazon’s newly developed order fulfillment center. In addition, the site is part of Adelanto’s BARTLETT AVE REHABILITATION PROJECT where millions of funding is being spent on massive improvements to infrastructure, as the city prepares for tons of FUTURE commercial/industrial GROWTH. The commercial building onsite has 7 units (2,413sf) that have been generating steady income for years, also there are two residential units (1,285sf) producing more income. Recently, the owner has upgraded the electrical and plumbing in the commercial building as an added bonus. Also, the residential units have been recently remodeled. Currently, the property is generating over $53,000 in NET OPERATING INCOME, with the pro-forma potential of generating more revenue as rental rates continue to increase in the area. Furthermore, the NEW California ADU LAW, that took effect in 2023, gives property owners more rights related to adding ADU’s to their properties. The new ADU LAW further expands the property’s income producing potential. This property is an ideal opportunity for any savvy real estate investor looking for lucrative cap rates, or a business owner that needs more space to grow. A definite must see before it’s too late.***

Basic Details
Commercial Sale
Buy
HD23150143
$650,000
2
5
3,698 Sqft
1950
47,916 Sqft
Active
Mixed Use
Condos/Co-ops
Features
: Natural Gas
: Evaporative Cooling, Wall/window Unit(s)
20
$0
: Flat
Address
CA
San Bernardino
Adelanto
92301
12036 Bartlett Avenue
12036
Avenue
0
W118° 35' 52.4''
N34° 34' 47.3''
Additional Information
500
1
1
3,698 Sqft
0 Sqft
0 Sqft
1.10 Sqft
47,916 Sqft
0 Sqft
0459164110000
$1,229
$0
$0
$0
$0
$0
0 Sqft
0 Sqft
$0
1
11/08/2023 18:41:10
$749,990
: Standard
Cash,AllFinancingConsidered,Owner May Carry,Submit
I-15 N exit Hwy 395. Hwy 395 N to Bartlett Ave. Bartlett E to PIQ. Cross Street: Adelanto Rd.
Destrahan
Harry Hurst
Coldwell Banker Home Source
Jeffrey Nyal
HD1318
HD15087
$0
8.21
: Frame
481
1
: Streetlevel, Paved, Rectangular Lot, Lotover40000sqft, Acreage
2023
: Sewer Available, Sewer Connected
1
: Square Feet
1
: Square Feet
3
9
US-06071-N-0459164110000-R-N
MixedUse
06/02/2024 03:38:39
Bartlett
ADL - Adelanto
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