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    592 N La Cadena Drive

    Colton, CA 92324
    • $1,250,000
    • STATUS: Active
    • ON SITE: 150 days
    • ID#: IV20129215
    $1,250,000
    • 0
      BEDS
    • 0.34
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,157
      SQFT
    • $242
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1885
    County:
    Area:

    School Ratings & Info

    Description

    MAJOR PRICE DROP!! PRICE DROP!!!Cash Flow! Cash Flow! Cash Flow! We have tremendous cash flow property that consist of a FULLY FURNISHED RESTAURANT THAT INCLUDES ALL FURNITURE, EQUIPMENT AND SUPPLIES, FOUR SEPARATE HOMES WHICH INCLUDES A HISTORIC VICTORIAN HOME(MUSEUM CONDITION) BUILT IN 1885. I will run out of characters so you will need to see this in person to appreciate the upside and income potential on this property. Property consist of two separate parcels. The Victorian home sits on its own parcel and the Restaurant and three detached homes are on the other parcel. The three homes each are one bedroom and one bath and have their own separate electric and gas meters and have their own inside laundry room. One of the larger homes has its own two car attached garage and sunroom. The Victorian Home is in impeccable conditions with 3 Bedrooms and 1 1/4 baths, fully fenced backyard and detached garage. The Restaurant is fully equipped and the sale includes ALL items in the Restaurant. The Restaurant features another small area that was used for a barber shop and has its own restroom and entrance. Property is located in historic downtown Colton just three blocks north of the 10 Freeway. Colton is located at the 215/10 Junction. Schedule your appointment for a showing so you can truly appreciate the opportunity that awaits. See you in Escrow!! Restaurant can be converted just need to verify with the City of Colton for permitted uses.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-30T00:27:33.533. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Alvarado Brothers | Ever Stewart Alvarado Broker. Licensed in the State of California, USA.

    www.thealvaradobrothers.com/homes/107461221
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    592 N La Cadena Drive Colton, CA 92324

    • Price: $1,250,000
    • Status: Active
    • ID#: IV20129215
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.34
    Acres
    5,157
    SQFT
    $242
    $/SQFT
    1885
    Built
    Neighborhood:
    273 - Colton
    County:
    San Bernardino
    Area:
    273 - Colton
    Property Description
    MAJOR PRICE DROP!! PRICE DROP!!!Cash Flow! Cash Flow! Cash Flow! We have tremendous cash flow property that consist of a FULLY FURNISHED RESTAURANT THAT INCLUDES ALL FURNITURE, EQUIPMENT AND SUPPLIES, FOUR SEPARATE HOMES WHICH INCLUDES A HISTORIC VICTORIAN HOME(MUSEUM CONDITION) BUILT IN 1885. I will run out of characters so you will need to see this in person to appreciate the upside and income potential on this property. Property consist of two separate parcels. The Victorian home sits on its own parcel and the Restaurant and three detached homes are on the other parcel. The three homes each are one bedroom and one bath and have their own separate electric and gas meters and have their own inside laundry room. One of the larger homes has its own two car attached garage and sunroom. The Victorian Home is in impeccable conditions with 3 Bedrooms and 1 1/4 baths, fully fenced backyard and detached garage. The Restaurant is fully equipped and the sale includes ALL items in the Restaurant. The Restaurant features another small area that was used for a barber shop and has its own restroom and entrance. Property is located in historic downtown Colton just three blocks north of the 10 Freeway. Colton is located at the 215/10 Junction. Schedule your appointment for a showing so you can truly appreciate the opportunity that awaits. See you in Escrow!! Restaurant can be converted just need to verify with the City of Colton for permitted uses.
    Exterior Features

    Carport Spaces 1.00 Fence YN Yes Fencing Chain LinkCross FencedMasonry Lot Features Corner LotLevel With StreetLot 10000-19999 SqftRectangular Lot Lot Size Source Assessor Lot Size Units Square Feet Parking Total 8.00 Roof CompositionShake Uncovered Spaces 7.00

    Interior Features

    Condo Area Units Square Feet Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes Laundry Features Individual Room

    Property Features

    Additional Parcels Description 0162-052-18 Additional Parcels YN Yes Asset Class Specialty Building Area Units Square Feet Building Status Existing Business Type Bed & BreakfastDoughnutFood & BeverageProfessional ServiceRestaurant Country Us Current Financing None Exclusions Piano And Household Furniture in Victorian Home At 572 North La Cadena Drive Gross Scheduled Income 139800.00 Inclusions All Restaurant Equipment And Furniture At 592 North La Cadena Drive Insurance Expense 2500.00 Investment Property YN Yes Land Lease YN No Laundry YN Yes Leasable Area Units Square Feet Lease Considered YN No Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 119700.00 Number Of Units Leased 0 Occupancy Vacant Operating Expense 20100.00 Professional Management Expense 0.00 Property Sub Type Mixed Use Retail Center Type Mixed Use Special Listing Conditions StandardTrust Total Expenses 20100.00 Trash Expense 1000.00 Utilities Sewer Connected Water Sewer Expense 1200.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Kenneth Adkins of Century 21 Lois Lauer Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-30T00:27:33.533. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Alvarado Brothers | Ever Stewart Alvarado Broker. Licensed in the State of California, USA.

     
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