15483 7Th Street

Victorville, CA 92395

PRICE REDUCED

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-$100,000 (-13.33%)

$650,000

List Price

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1952

calendar_month Built

Property Description

10,000sqft two story commercial building zoned Old Town Specific Plan within the Mixed-Use Retail District which provides for neighborhood commercial and residential mixed-use development. Retail uses are required along the ground-floor frontage of 7th Street and D Street. Office and/or residential uses are allowed behind or above as part of a Development Plan, incorporating horizontal mixed use to the extent feasible. There is potential to demise the 2nd floor into four (4) individual residential units thus creating tremendous upside. Specialty retail uses that promote Old Town's historic Route 66 heritage are strongly encouraged. Currently the building has one first floor vacancy of ±900 – the other two first floor suites are leased month-to-month. One tenant leases the entire 2nd Floor and is month-to-month as well. Current gross annual income is $38,400.

Listing Information

List Price $650,000
Status Active
MLS 541923
Type Commercial
Subtype Retail
Year Built 1952
Lot Size 7,100
Structure Size N/A
DOM 1072
Courtesy Of Kursch Group, Inc.
Listing Agent Ryan Travis DRE#01358790

Interior Features

Total Bedroom
Bedrooms N/A
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Bathrooms N/A
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Ryan Travis, Kursch Group, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 12:59 AM 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.