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19 E Citrus Ave
Redlands, CA 92373

$5,170,000 USD

Storefront Retail Office For Sale  •  21,151 SF

Property Details

• Property Type Storefront Retail Office
• Total Building Size 21,151 SF
• Lot Size 0.22 AC
• Building Class B
• Year Built 1903
• Cap Rate 7.50 %
• Tenancy Multiple
• Zoning C3, Redlands

0 Transit Score

89 Walk Score

Highlights

Prime Retail Investment Opportunity in the Heart of Downtown Redlands; 21,151 Square-Feet; Historic Cope Building (Retail and Office)

Stable Existing Tenancy: 53% of the occupied square footage has been operating at the property for 8+ years

Located in the Heart of Historic Downtown Redlands; a Destination Shopping Location Filled with Boutique Shops & Gourmet Restaurants

Incredible Location on Walk-Friendly Citrus Avenue That Backs Up to Orange Street Alley (“Umbrella Alley”), a Popular Year-Round Attraction

1-Mile from the University of Redlands, a Private Liberal Arts University (3,400+ Students)

Dense, Affluent, Demographics: Over 144,000 ppl with average household incomes in excess of $115,000 within a 5-mile radius of the subject property

Cap Rate:

7.50 %

Amenities

• 24 Hour Access
• Air Conditioning

Public Transportation

Commuter Rail	Drive	Walk	Distance
Redlands - Downtown Metrolink Station (Metrolink San Bernardino Line - Metrolink Trains)	1 min	10 min	0.4 mi
Redlands - Esri Metrolink Station (Metrolink San Bernardino Line - Metrolink Trains)	2 min	18 min	1.0 mi
Airport	Drive	Walk	Distance
Ontario International	32 min	-	25.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	15
Type:	Surface
Included in Rent:	Yes