$229,500

821 W Broadway Street

Needles CA, 92363

Description

The perfect INVESTMENT opportunity! This commercial building is located on the main street in downtown Needles. The building features two units fully occupied/rented by current business owners for a total rental income of $2550. Both units are under a 3+ year rental agreement. The building has had many upgrades which include; new rolled flat roof with new elastomeric rubberized coating, 3 brand new 4 ton heat pumps for the first unit and a brand new 3 1/2 ton split system for the second unit, new commercial sized hot water heater, drywall, paint and molding throughout, recessed lighting, and much more! The first unit is being operated as a restaurant and is complete with a large commercial kitchen, two restrooms, large freezer room and approximately 2850 sq ft of space. The second unit is approximately 900 sq ft of open space with a separate bathroom currently being operated as a Salon & gift shop. You won't find a better price for a commercial building completely occupied! Call today to secure this investment for yourself.

Details

MLS#JT20078700
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusPending
Year1950
Days On Site215

Features

SQ Feet3,750

Market Activity 92363

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Area Information
StateCA
CountySan Bernardino
CityNeedles
Zip Code92363
AreaDC770 - Needles
Listing VS Median (in 92363)
Price:
$229,500
low | high
Med:
$150,000
84.640522875817% of Average
SqFt:
3,750
low | high
Med:
520
100% of Average
$ / SqFt:
$61
low | high
Med:
$72
32.164404223228% of Average
On Site:
215
low | high
Med:
167
100% of Average
Listing Updated: November 29, 2020 12:00:58 AM PST
Shantell Hazlewood LogoMLS Number: JT20078700
Listing Provided By:
Shantell Hazlewood  of  Caleene Williams Broker
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.