CA > Mentone
Mentone, CA 92359,1840 Mentone
Mentone, CA 92359,1840 Mentone
Mentone, CA 92359,1840 Mentone
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$725,000
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Active Under Contract

1840 Mentone Mentone, CA 92359

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Todd Kingsley

Todd Kingsley

+1(310) 710-8633

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID IV25223134

HOA Y/N No

Year Built 1952

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)**

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

CRMLS – RECore
Listed by DARREN CORREA LE INVESTMENT GROUP 714-310-2840

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Todd Kingsley

Todd Kingsley

Agent | License ID: 02118744

+1(310) 710-8633

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By checking this box, I agree byeElectronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of #seller_variable#, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call (424) 486-8633 to obtain direct assistance.

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