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651 N Waterman Ave, San Bernardino, CA 92410
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651 N Waterman Ave San Bernardino, CA 92410

$1,500,000 Sold Price as of 04/15/2022
  • -- Beds
  • -- Baths
  • 11,240 Sq.Ft.
Sold
$1,500,000 Sold Price as of 04/15/2022 Refinance Your Mortgage
Map preview of 651 N Waterman Ave, San Bernardino, CA 92410

Property Overview: 651 N Waterman Ave San Bernardino, CA has -- bedrooms, -- bathrooms, 11,240 living square feet and 18,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Commercial Building and business For Sale in San Bernardino, frontage on Waterman Avenue, with thousands of cars passing a week. Property is currently being used as a retail BBQ Stand and Meat Market, has been successfully operating as 'Franks Meats' for over 30 years. Concrete 2 story building with flat roof, features over 11,000 square feet of interior space and sits on a 18,000 square foot lot. Entrance area features small dining room and a kitchen. Front retail area features several operating walk in refrigerators and cooled open counter top retail displays.  Beyond the front retail, there are 2 temperature controlled freezer rooms at 20x50 & 20x60. There are 3 more climate controlled rooms at 30x40.  Owner has had power upgraded to 440v service. Upstairs features a 3 offices and  an oversized conference area. There are retail 12-15 parking spots not including street parking and room for 15 cars in secured gated parking.  Recently the city of San Bernardino has zoned this property as CG1, leaving more room for opportunity.

Listed by JESSICA BOUZANE | BRE #01905244 | Berkshire Hathaway Homeservices California Realty
Last checked: 7 minutes ago | Last updated: April 16th, 2022 | Source CRMLS | DOM: 1024

Home details

Lot Sq. Ft
18,000
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Retail
Status
Sold
MLS#
EV18109536
City
San Bernardino
County
San Bernardino
Time on Site
1386 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 651 N Waterman Ave

Interior Features
Cooling Information
  • Has Cooling
  • Dual, Zoned, Whole House Fan
Heating Information
  • Has Heating
  • Zoned, Forced Air
Laundry Information
  • Inside
Interior Features
  • Security Features: Window Bars, Wired for Alarm System
Exterior Features
Exterior Information
  • Roof: Flat
  • Has Fence
  • Barbed Wire, Chain Link
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 12
Lot Information
  • Lot Features: Level with Street, Lot 10000-19999 Sqft, Near Public Transit, Park Nearby
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 0278161270000
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected
Location / Neighborhood
Location Information
  • Directions: 215 toward W 5th St/John Knabenbauer Fifth St Memorial Bridge, exit W 5th St & Head West, Turn left onto N Waterman Av Destination will be on the right
View more facts & features

Local San Bernardino Agent

Sale History for 651 N Waterman Ave

Last sold for $1,500,000 on April 15th, 2022

  • April, 2021

  • Apr 4, 2021

    Date

    Withdrawn

    CRMLS: EV18109536

    $1,400,000

    Price

  • Aug 27, 2018

    Date

    Price Change

    CRMLS: EV18109536

    $1,400,000

    Price

  • Jul 10, 2018

    Date

    Active

    CRMLS: EV18109536

    $1,500,000

    Price

  • Jun 18, 2018

    Date

    Pending

    CRMLS: EV18109536

    $1,500,000

    Price

  • May 11, 2018

    Date

    Active

    CRMLS: EV18109536

    $1,500,000

    Price

  • March, 2018

  • Mar 31, 2018

    Date

    Expired

    CRMLS: EV17194942

    $1,367,000

    Price

  • Aug 23, 2017

    Date

    Active

    CRMLS: EV17194942

    $1,367,000

    Price

  • Listing provided courtesy of CRMLS

    Opportunity to purchase the Real Estate with a Business as a bonus. Franks Meats has been in business for 44 years. Owners are ready to retire. The property is zoned commercial currently Whole Sales meat dales, food service restaurant to the public. 2 Large walk in coolers, 1 walk in Freezer, Meat processing room with all equipment. Commercial Kitchen, 20 plus parking spaces. Over 40,000 cars per day. Office and storage of 5,000 sqft up stairs SOLD AS IS. Buyer to verify they can use the property for their intended use with the City and County.

Show More

Tax History for 651 N Waterman Ave

Assessed Value (2020): $415,011
Year Land Value Improved Value Assessed Value
2020 $85,257 $329,754 $415,011

Home Value Compared to the Market

This property vs the competition

651 N Waterman Ave sold on April 15, 2022 for 212.5% higher than the current median sold price for the city of San Bernardino which is $480,000. The median sold price per/sqft for San Bernardino is $364 and this home is sold at $133.45 per/sqft which puts the price per square foot 63.34% lower than the current median sale per square foot for the city of San Bernardino.

About 651 N Waterman Ave

Detailed summary of property

651 N Waterman Ave is a retail that recently sold in San Bernardino, CA 92410. This retail property offered -- bedrooms, -- bathrooms, roughly 11,240 living square feet, and sits on an approximately 18,000 square foot lot. 651 N Waterman Ave was first listed on ArdentRealEstateGroup.com on July 20, 2020. The homeowner sold the property for $1,500,000. Home in San Bernardino are selling for a median price of $480,000 and a median price per square foot of $364. Based on Ardent Real Estate Group's San Bernardino Market Data, this home is sold 212.5% higher than the current median priced home. Local homes that are currently for sale include 2729 S Robertson Blvd. While the average home in San Bernardino, CA is selling in 49 days, 651 N Waterman Ave has a days on market of 1024 days. There are currently 378 homes for sale in the San Bernardino real estate market and 340 of them are single family homes while 36 of them are condos and 2 are townhomes. For more information on this home for sale at 651 N Waterman Ave San Bernardino, CA 92410 contact Ardent Real Estate Group and we will put you in touch with one of our San Bernardino agents.

Public Facts for 651 N Waterman Ave

Public county record property details
Beds
--
Baths
--
Year built
1966
Sq. Ft.
11,240
Lot Size
18,000
Stories
--
Type
Grocery, Supermarket
Pool
No
Spa
No
County
San Bernardino
Lot#
10
APN
0278-161-27-0000

The source for these homes facts are from public records.

92410 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$449,000
Median List Price/Sq.Ft.
$356
Median Sold Price
$440,000
Median Sold Price/Sq.Ft.
$365
Total Inventory
41
Median Sale to List Price %
103.65%
Avg Days on Market
57
Loan Type
Conventional (50%), FHA (37.5%), VA (0%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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