











Description
***Seller Financing Available (Call Listing Agent for Details)*** This mixed use commercial property is located at 7712 Victoria Ave., Highland, CA 92346., the building is 1,500 square feet, and the building is currently designed as a auto repair shop with office and 3 auto bays, but it could be easily converted to another use.
The property is located in a highly desirable area. The surrounding area is home to a number of businesses, including restaurants, shops, and other service providers. The property is also located near the 210 freeway, which provides easy access to other parts of the Inland Empire.
Demographics -
The demographics of the area are very favorable for an auto repair business. The population in the area is growing, and the median household income is above average in the area, also has a high number of cars per capita, which means that there is a lot of demand for auto repair services.
Future Development -
The area is undergoing a lot of development. The San Manuel Band of Indians has committed to upgrading the area, and there is a new offramp planned for the 210 freeway at Victoria Avenue. These developments will make the area even more attractive to businesses, and they will increase the demand for auto repair services.
Business Sales Data -
The following data shows that businesses in the area are selling for a premium.
* A 1,500 square foot auto repair shop sold for $1 million in 2022.
* A 2,000 square foot auto repair shop sold for $1.2 million in 2021.
* A 3,000 square foot auto repair shop sold for $1.5 million in 2020.
This data shows that there is a strong demand for auto repair businesses in the area, and that businesses are selling for a premium.
Conclusion -
This property is a valuable asset in a highly desirable area. The property is well-positioned for future growth, and it is likely to appreciate in value in the years to come. This property would be a great investment for an auto repair business or any other type of business that is looking to expand in the area.
Similar Listings
No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.
The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved. Updated: 26th September, 2023 2:15 AM (UTC)
Listing Agent: PAUL MIGLIOZZI
Listing Office: Century 21 Top Producers
Attribution contact: 909-863-5333