1550 E Washington Street, Colton CA, 92324
(Active)
$4,400,000
|
20,882 sqft
|
MLS# PW24036408
Last Updated: 5/3/2024 12:58 PM
Description for
1550 E Washington Street
Colton, CA 92324
Discover a rare opportunity to own a distinguished medical office building strategically located at 1550 E Washington St, Colton, CA 92324. Boasting a TRIPHASIC ELECTRIC TRANSFORMER which is necessary for certain medical equipment and a DIGITAL X-RAY machine, this building is well suited for medical use. Moreover, with an impressive 20,882 square feet of existing building space on a generous lot of 50,768 square feet with ample parking space, this property offers unparalleled potential for both current and future medical practitioners or investors who want to continue its current use or converting it into something else.Key Features:1. Strategic Location: Situated in the heart of Colton, CA, this property enjoys proximity to esteemed medical institutions including Loma Linda University and Arrowhead Regional Medical Center, making it an ideal location for medical offices seeking high visibility and accessibility.2. Expansion Opportunities: With a spacious lot and zoning permissions, the property presents an exceptional opportunity for expansion. The second floor, currently undeveloped, can be built out according the buyer's preference and specifications, allowing for further revenue generation and enhanced services.3. Existing Infrastructure: Currently utilized as medical offices, as stated, the building features multiple tenant spaces equipped with essential amenities and equipment for healthcare professionals. The building while build in 1977 was extensively renovated in 2000 and also has a newer rooftop HVAC.4. Transportation Access: Conveniently situated near major freeways including the 215, 10, 60, and 91, the property ensures easy access, facilitating seamless commuting from neighboring communities and beyond.5. Versatile Usage: While ideally suited for medical offices, the property's adaptable layout and prime location also make it suitable for a variety of uses including general office spaces, specialized clinics, or potential residential conversion, catering to a diverse range of business or investment objectives.Ideal for: Medical Offices Specialty Clinics Healthcare Services Office Spaces Potential Residential Conversion with the appropriate governmental approval Investment Opportunities
Price
$4,400,000
San Bernardino
20,882 (approx)
PW24036408
Active
Description
Discover a rare opportunity to own a distinguished medical office building strategically located at 1550 E Washington St, Colton, CA 92324. Boasting a TRIPHASIC ELECTRIC TRANSFORMER which is necessary for certain medical equipment and a DIGITAL X-RAY machine, this building is well suited for medical use. Moreover, with an impressive 20,882 square feet of existing building space on a generous lot of 50,768 square feet with ample parking space, this property offers unparalleled potential for both current and future medical practitioners or investors who want to continue its current use or converting it into something else.Key Features:1. Strategic Location: Situated in the heart of Colton, CA, this property enjoys proximity to esteemed medical institutions including Loma Linda University and Arrowhead Regional Medical Center, making it an ideal location for medical offices seeking high visibility and accessibility.2. Expansion Opportunities: With a spacious lot and zoning permissions, the property presents an exceptional opportunity for expansion. The second floor, currently undeveloped, can be built out according the buyer's preference and specifications, allowing for further revenue generation and enhanced services.3. Existing Infrastructure: Currently utilized as medical offices, as stated, the building features multiple tenant spaces equipped with essential amenities and equipment for healthcare professionals. The building while build in 1977 was extensively renovated in 2000 and also has a newer rooftop HVAC.4. Transportation Access: Conveniently situated near major freeways including the 215, 10, 60, and 91, the property ensures easy access, facilitating seamless commuting from neighboring communities and beyond.5. Versatile Usage: While ideally suited for medical offices, the property's adaptable layout and prime location also make it suitable for a variety of uses including general office spaces, specialized clinics, or potential residential conversion, catering to a diverse range of business or investment objectives.Ideal for: Medical Offices Specialty Clinics Healthcare Services Office Spaces Potential Residential Conversion with the appropriate governmental approval Investment Opportunities
Listing Information
| Property Type: Office, Business Opportunities, 2 Story | ||
| 1.17 Acres | Assessor | 20,882 (approx) |
| 1977 | 2 | |
Public
Cable Available,Electricity Connected,Phone Connected,Sewer Connected,Water Connected,Overhead Utilities
1 Total
Neighborhood
Room Information
None
Interior Features
Central Air
Other,
Forced Air, Central
Security System,Fire Detection System,Fire Sprinkler System,Smoke Detector(s)
Exterior / Lot Features
0 Covered Parking Spaces,
General Commercial
Lot Over 40000 Sqft,Landscaped,Paved,Sprinkler System,Street Level,Walkstreet
Community Features
Security System,Fire Detection System,Fire Sprinkler System,Smoke Detector(s)
Driving Directions
Exit 215 Freeway on Washington; go east on Washington St
Financial Considerations
| 0276542260000 |
Cash,Cash to New Loan,1031 Exchange,Owner May Carry
Listing Price History
Colton Real Estate
Colton is located in California. Colton, California 92324 has a population of 53,722.
The median household income in Colton, California 92324 is $56,298. The median household income for the surrounding county is $65,961 compared to the national median of $66,222. The median age of people living in Colton 92324 is 35 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
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Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 4/8/2024 | Active | $4,400,000 USD -8.33% |
|
| 2/27/2024 | Active | $4,800,000 USD |
|