1550 E Washington Street

Colton, CA 92324

PRICE REDUCED

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-$400,000 (-8.33%)

$4,400,000

List Price

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1977

calendar_month Built

Property 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

List Price $4,400,000
Status Active
MLS PW24036408
Type Commercial
Subtype Office
Year Built 1977
Lot Size 50,768
Structure Size N/A
DOM 227
Courtesy Of Keller Williams Legacy
Listing Agent James Zhou DRE#01798414

Interior Features

Laundry Information
Location(s) None
Total Bedroom
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Total Bathroom
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Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: James Zhou, Keller Williams Legacy . *Based on information from the Association of REALTORS/Multiple Listing as of Oct 11th, 2024 at 6:12 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.