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Listed by DARREN CORREA • LE INVESTMENT GROUP
$725,000
Est. payment /mo
2,267 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
Square Footage 2,267 sqft
Price per Sqft $319
MLS Listing ID CRIV25223134
HOA Y/N No
Year Built 1952
Lot Size 9,583 Sqft
Property Sub-Type Mixed Use
Source Datashare California Regional
Property Description
This offering presents an exceptional opportunity to acquire the Mentone Liquor & Market, a mixed-use property located at 1840 Mentone Blvd in Mentone, California. The property consists of a 1,707 SF retail liquor/market building and a detached 560 SF two-bedroom, one-bathroom single-family residence situated on a 9,583 SF lot. The property delivers a 5.89% capitalization rate on current income, supported by a stable tenant base and long-standing community presence. Its strategic location along the high-visibility Mentone Blvd corridor offers consistent customer traffic and excellent frontage, while the inclusion of a residential unit provides additional income diversification. With its combination of retail and residential components, strong in-place returns, and position in the growing Inland Empire submarket, this property represents a rare and compelling investment opportunity. **Upside through County-approved lot split. (Verbal Approval received)**
Location
State CA
County San Bernardino
Interior
Fireplace No
Building
Water Public
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