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Commercial > Specialty
Active
02/27/2024
List Price
$4,400,000$211/ft²

1550 Washington St
Colton, CA 92324

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  • 1550 Washington St, Colton, CA 92324 is a 20,882 ft² commercial specialty property property built in 1977 on a 1.166 acre lot. This commercial specialty property is currently on the market for $4,400,000, and it was last sold in 2006 for $1,450,000.

    MLS Description

    The listing agent's description. Original Listing

    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

    Listing Agents

    The listing agent for 1550 Washington St is James Zhou.

    Current Ownership

    Information about the current owner(s).

    Property History

    1550 Washington St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 1550 Washington St

    School Information

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    Neighborhood

    This property is located in 92324.

    Market Trends

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    Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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