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Owner User- Stand Alone- Large Parking Area 651 N Waterman Ave 11,600 SF Retail Building San Bernardino, CA 92410 $2,100,000 ($181.03/SF)



Investment Highlights
- Secured yard supports fleet parking, contractor storage, and daily operations.
- Immediate access to Interstate 10 enhances regional mobility and efficiency.
- Private gated lot creates a controlled, secure operating environment.
- Prime visibility along an active commercial corridor with strong traffic counts.
- Flexible interior layout accommodates office, warehouse, and service functions.
- Ideal fit for contractors, logistics users, and equipment-based businesses.
Executive Summary
651 N Waterman Avenue presents a rare owner-user industrial opportunity in the heart of San Bernardino’s established commercial corridor. The property features a versatile building situated on approximately 0.60 acres, offering a secured yard ideal for contractors, fleet operators, logistics users, or equipment-based businesses. A functional interior layout supports both operational and administrative needs, while the expansive gated yard accommodates vehicle parking, storage, and daily dispatch activities. Immediate access to Interstate 10 enhances connectivity and supports efficient regional distribution. High visibility along N Waterman Avenue and strong daily traffic counts offer long-term value for businesses seeking exposure and accessibility. The property also includes private gated parking, flexible ceiling heights, and ample power capacity, making it suitable for a wide range of industrial and service-oriented users. This well-located asset delivers utility, convenience, and adaptability for owner-users ready to establish a strategic operational base.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
11,600 SF
Building Class
C
Year Built
1989
Price
$2,100,000
Price Per SF
$181.03
Tenancy
Single
Building Height
2 Stories
Building FAR
0.65
Lot Size
0.41 AC
Opportunity Zone
Yes
Zoning
CG-1 - Commercial General
Parking
18 Spaces (1.55 Spaces per 1,000 SF Leased)
Frontage
200’ on Waterman
Amenities
- 24 Hour Access
- Fenced Lot
- Security System
- Signage
- Storage Space
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0278-161-27 | Improvements Assessment | $1,114,268 |
| Land Assessment | $477,544 | Total Assessment | $1,591,812 |
Property Taxes
Parcel Number
0278-161-27
Land Assessment
$477,544
Improvements Assessment
$1,114,268
Total Assessment
$1,591,812
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Owner User- Stand Alone- Large Parking Area | 651 N Waterman Ave
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