Victorville, CA 92395 15625 Seventh St
$899,000
34 more
Presented By: Matthew Hijazin with Klick Realty; 760-628-4247
SQFT • 9,116
Home Details
Amazing retail investment listed at a 8.8% Current Cap Rate while still having 2 open units that will be a huge value add! Situated directly in front of the Route 66 sign on Seventh St, this beautiful building is right in the heart of Victorville! Totaling 9,116 sqft of retail space this 2 story retail building has units ranging from 300 sqft to 2,000 Sqft offering suites to a wide range of retail/service based businesses. Building is on almost 1/4 acre and has plenty of parking out front, a rare feature for buildings on this part of Seventh st. Property is currently 82% occupied and generates approx $8,600 gross per month!!!
Presented By: Matthew Hijazin with Klick Realty; 760-628-4247
Interior Features for 15625 Seventh St
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesNone
Total Stories2
Other Rooms
Entry Level1
General for 15625 Seventh St
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate8.12
Carport Y/NNo
CityVictorville
CoolingCentralAir, EvaporativeCooling
CountySan Bernardino
Current FinancingNone
DirectionsExit D street from I-15 freeway. Head east about 1 mile and turn right on Seventh st. Prop on your left.
ElectricElectricityOnProperty, Volts220
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, Conventional, Submit
Lot Size Square Feet10454.4
Lot Size UnitsAcres
MLS AreaVIC - Victorville
MobileHomeRemainsYNNo
Net Operating Income89400.0
New ConstructionNo
Number of Units Leased9
Occupancy TypeTenant
Operating Expense16200.0
Property Attached Y/NNo
Property Sub Type AdditionalRetail
Property SubtypeRetail
Property TypeCommercialSale
Rent Control Y/NNo
RoofFlat
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
UtilitiesCableConnected, ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, UndergroundUtilities, WaterConnected
Waterfront Y/NNo
Exterior for 15625 Seventh St
Building Area Total9116.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLevel, Paved, RectangularLot, StreetLevel, Walkstreet
Lot Size Acres0.24
Lot Size Area0.24
Lot Size SourcePublicRecords
Number of Buildings1
Open Parking Y/NNo
Private PoolNo
SpaNo
Water SourcePublic
Additional Details
Price History
Keegan Cin
Team Lead
