Homes for sale - 17415 Catalpa ST, Hesperia, CA 92345

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Rene Ramirez

findmycastle@castrarealty.com +1(951) 384-0656

$3,350,000

Est. payment - /mo

2.5 Acres Lot

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UPDATED:

09/30/2024 06:37 PM

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

MLS Listing ID HD23165398

HOA Y/N No

Year Built 1987

Lot Size 2.500 Acres

Property Description

FOR SALE: 100% Occupied Industrial Commercial Complex. Last sold in the early 2000s, the Property was built in 1987 and is comprised of 3 buildings totaling ±30,064 SF on ±2.5 AC of land. Originally designed for 37 tenants, many tenants have expanded or have taken multiple units for their business growth. Fully occupied, almost all tenants are on month to month tenancy, allowing the opportunity for rental increases to current market values. Industrial is high in demand and with little vacancy, supply and demand have kicked in with rates increasing. The Seller is in the process of installing solar to the Property in order to eliminate the majority of electricity expense. This will be paid outright by Seller. Current tenants are comprised of auto, light manufacturing, office and adult entertainment. The Property is located in the industrial hub of Hesperia, CA in the High Desert. This is an ideal location for industrial and commercial business, surrounded by other mixed-use industrial, manufacturing, and general commercial. The Property neighbors the BNSF rail and is conveniently located between the two main arterials in the City. Hesperia continues to be one of the fastest growing cities in the US because of its affordable housing, pleasant desert climate, clean air, and breathtaking terrain. As coastal, inland logistics industrial spaces wane, the High Desert is becoming the next place to develop and do business. Hesperia and the High Desert are expected to grow tremendously over the next 10 years. Don't Delay. Seller open to carry paper with acceptable terms. Buyer to verify all.

Location

State CA

County San Bernardino

Area Hsp - Hesperia

Interior

Fireplace No

Laundry None

Exterior

Fence Chain Link

Roof Type Flat,Metal

Building

Lot Description Desert Front, Lot Over 40000 Sqft, Level

Story 1

Water Public

Others

Tax ID 0415272030000

Acceptable Financing Cash, Cash to New Loan, Conventional, Owner May Carry, Private Financing Available

Listing Terms Cash, Cash to New Loan, Conventional, Owner May Carry, Private Financing Available

Special Listing Condition Standard

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Listed by Tony Scafidi • Rigel Capital • 760-912-7143

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Rene Ramirez

+1(951) 384-0656

Broker | License ID: 02038829

Broker License ID: 02038829

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17415 Catalpa ST Hesperia, CA 92345

Rene Ramirez

Rene Ramirez

Key Details

Location

Interior

Exterior

Building

Others

MORTGAGE CALCULATOR

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17415 Catalpa ST