Description

RARE INVESTMENT OPPORTUNITY! First time on the market since it was constructed! 18275 Bear Valley Road offers a fantastic opportunity to acquire a fully stabilized, income producing mixed-use property in one of the most central areas of the High Desert. This unique property features one commercial suite with prime street exposure and three residential townhouse units, all occupied by dependable long-term tenants. The rental units each have their own washer/dryer in-unit and a private fenced backyard, along with 1 carport parking space. The commercial unit benefits from excellent signage and high visibility along Bear Valley Road, one of the High Desert’s busiest thoroughfares, while the residential units provide steady diversified rental income. There is also a monument sign with multiple advertising spots. Recent capital improvements include a complete exterior repaint and freshly resealed and striped parking lot, enhancing curb appeal and reducing future maintenance costs. The building has been well cared for, making it an ideal turnkey investment for owner-users or investors seeking stable returns. Strategically located near major retail, dining, and freeway access, this property is positioned for continued appreciation and strong tenant demand all while offering a 5.7% cap rate. For more flexibility and income opportunities, the front unit can be divided into two separate units both with a reception area and their own entrances.