Colton, CA 92324,1550 E Washington ST
Colton, CA 92324,1550 E Washington ST
Colton, CA 92324,1550 E Washington ST
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$4,400,000
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1.17 Acres Lot
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1550 E Washington ST Colton, CA 92324

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UPDATED:

10/11/2024 06:12 PM

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW24036408

HOA Y/N No

Year Built 1977

Lot Size 1.165 Acres

Property Description

Discover a rare opportunity to own a distinguished medical office building strategically located at 1550 E Washington St, Colton, CA 92324. Boasting a TRIPHASIC ELECTRIC TRANSFORMER which is necessary for certain medical equipment and a DIGITAL X-RAY machine, this building is well suited for medical use.
Moreover, with an impressive 20,882 square feet of existing building space on a generous lot of 50,768 square feet with ample parking space, this property offers unparalleled potential for both current and future medical practitioners or investors who want to continue its current use or converting it into something else.
Key Features:
1. Strategic Location: Situated in the heart of Colton, CA, this property enjoys proximity to esteemed medical institutions including Loma Linda University and Arrowhead Regional Medical Center, making it an ideal location for medical offices seeking high visibility and accessibility.
2. Expansion Opportunities: With a spacious lot and zoning permissions, the property presents an exceptional opportunity for expansion. The second floor, currently undeveloped, can be built out according the buyer's preference and specifications, allowing for further revenue generation and enhanced services.
3. Existing Infrastructure: Currently utilized as medical offices, as stated, the building features multiple tenant spaces equipped with essential amenities and equipment for healthcare professionals. The building while build in 1977 was extensively renovated in 2000 and also has a newer rooftop HVAC.
4. Transportation Access: Conveniently situated near major freeways including the 215, 10, 60, and 91, the property ensures easy access, facilitating seamless commuting from neighboring communities and beyond.
5. Versatile Usage: While ideally suited for medical offices, the property's adaptable layout and prime location also make it suitable for a variety of uses including general office spaces, specialized clinics, or potential residential conversion, catering to a diverse range of business or investment objectives.
Ideal for:
• Medical Offices
• Specialty Clinics
• Healthcare Services
• Office Spaces
• Potential Residential Conversion with the appropriate governmental approval
• Investment Opportunities

Location

State CA

County San Bernardino

Area 273 - Colton

Zoning General Commercial

Interior

Heating Central, Forced Air

Cooling Central Air

Fireplace No

Laundry None

Exterior

Utilities Available Cable Available, Electricity Connected, Phone Connected, Sewer Connected, Water Connected, Overhead Utilities

Building

Lot Description Lot Over 40000 Sqft, Landscaped, Paved, Sprinkler System, Street Level, Walkstreet

Story 2

Water Public

Others

Tax ID 0276542260000

Security Features Security System,Fire Detection System,Fire Sprinkler System,Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange, Owner May Carry

Listing Terms Cash, Cash to New Loan, 1031 Exchange, Owner May Carry

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by James Zhou • Keller Williams Legacy • 951-756-3784

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Thomas Fessler

Agent | License ID: 02033426

+1(619) 318-1618

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1550 E Washington ST