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$ 725,000
Est. payment /mo
Price Dropped by $22K
1840 Mentone Mentone, CA 92359
9,583 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV25223134
HOA Y/N No
Year Built 1952
Lot Size 9,583 Sqft
Property Sub-Type Mixed Use
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)**
**Upside through County-approved lot split. (Verbal Approval received)**
Location
State CA
County San Bernardino
Area 284 - Mentone
Interior
Fireplace No
Laundry None
Building
Lot Description Back Yard, Corner Lot
Story 1
Water Public
Others
Tax ID 0298101370000
Special Listing Condition Standard
Listed by DARREN CORREA LE INVESTMENT GROUP 714-310-2840
