1263 N Mount Vernon Ave, San Bernardino, CA 92411
- $199,000
- List Price
- $199,000
- MLS#
- 26855697
- Status
- ACTIVE UNDER CONTRACT
- Type
- Land
Property Description
We are pleased to present the exclusive opportunity to acquire 1263 N Mount Vernon Avenue - a 20,000-square-foot (0.46-acre) General Commercial (CG-1) corner parcel on a high-visibility stretch of San Bernardino's Mount Vernon corridor. Level and delivered with all utilities to the site, the property is ideally suited for a single-tenant retail, owner-user, convenience store, service use, or small mixed-use development. This is a flexible, demand-driven infill site. CG-1 zoning supports a wide range of uses - retail, convenience and service commercial, and residential or mixed-use development of up to 47 units per acre - while a corner-influenced location just off the corridor's main retail intersection and 25,000 vehicles per day on Mount Vernon deliver the visibility tenants and developers seek. A dense, established trade area of 360,000+ residents within three miles drives consistent consumer and housing demand. Situated within a federal Opportunity Zone - with corridor housing pathways that can support new residential development - 1263 N Mount Vernon offers compelling long-term upside at an attractive basis. Offered free and clear and available individually or as a portfolio with 1686 N Mount Vernon, it is a rare opportunity to control a well-located corner pad in a supply-constrained infill market.
Additional Information
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Courtesy of CB Richard Ellis, Inc., Manny Nunez.
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