635 Veile Avenue Beaumont, CA $ 900,000
635 Veile Avenue
$ 900,000
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635 Veile Avenue

Beaumont, CA, 92223
$ 900,000
Baths0.0 Sq 5,262

Monthly Estimate*

$ 5,982

Listed by Beacon Real Estate
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Studio

Commercial Property for sale in Beaumont, CA

for $900,000. This 5,262 square foot building was built in 1947.

The subject neighborhood is located near several shopping centers and is near all convenient services. The nearby freeway access is the 10 just to the south and the 60 just to the west. The subject city is bounded by the cities / areas of Calimesa to the north, the county area to the south, Norton Younglove Reserve to the west, and Banning to the east. The neighborhood boundaries are as follows: Brookside Ave to the north, the 10 freeway to the south, Highland Springs Ave to the east and the 10 freeway to the west. It is located near all services and conveniences. The subject site consists of 2 parcels, 417-042-003 & 004, with Parcel 03 having 28,314 sq ft, or 0.65 acres, having the structures and parking lot, then to the rear is Parcel 04 having 5,227 sq ft, or 0.12 acres, having several utility easements on site, currently being used as vacant land (non buildable), having a grand total lot size of 33,541 sq ft, or 0.77 acres. The subject site is a level lot, fronting Veile Ave (non-traffic), siding to the north Eighth St (non traffic), siding to the south Sixth St & The 10 freeway on-ramp (traffic), is typical in size, being irregular in shape, having an estimated 627 ft of street frontage, and on 219 ft of traffic street frontage, giving good exposure to drive-by customers. The subject site has complete hardscape, landscape, having an estimated 31 spaces of a fairly large concrete parking lot being accessed off Veile Ave. The subject site is located towards the end of the sixth street, where the 10 freeway merges, having many commercial retail, and office uses along sixth street, therefore being fairly conforming. All public utilities, electric (2 meters), water (2 meters), gas (2 meters) & sewer, were on site. The subject zoning is currently CM (Commercial Manufacturing). The subject has 3 one story office buildings on site, spanish style, of wood frame construction, tile and composition roofing, raised and slab foundations. The first building is Unit-A, having 1,542 sq ft, 2 bathrooms, central heat and a/c, the second building is Unit-A 1/2, being a studio apartment, having 522 sq ft, 1 bathroom, both built in an estimated 1932, then to the rear is Unit-B, having 3,198 sq ft, 2 bathrooms, built in an estimated 1948, central heat and a/c, having a grand total gross building area (GBA) of 5,262 sq ft.

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Commercial Active

Price

$ 900,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

MixedUse

Year Built

1947

Town/City

Beaumont

County/Region

Riverside

MLS | Web ID

NDP2403690

Days on Market

40

Features
General
Zoning CM
HOA 0.0
Year Built 1947
Property SubType MixedUse
Additional Parcels Description 417-042-004
County Riverside
Net Operating Income 25000.0
Operating Expense 5000.0
Insurance Expense 3000.0
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions At the junction of the 10 & 60 freeways.
City Beaumont
View Y/N N
Senior Community Y/N N
NumberOfUnitsTotal 3
MLS Area 263 - Banning/Beaumont/Cherry Valley
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Veile
Listing Terms Submit
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Trash Expense 100.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2403690
Days on Market 13
Standard Status Active
Year Built Source Estimated
Property Sub Type Additional MixedUse
Cap Rate 5.0
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Exterior
Lot Features Item01UnitAcre CornerLot
Total Parking 0.0
Lot Size Area 33541.0
Number of Buildings 3
Spa N
Building Area Total 5262.0
Street Suffix Avenue
Lot Size Source Appraiser
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Entry Level 1
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 635
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* Excluded Features
List By
Beacon Real Estate

Broker

(760) 846-6568

Phone

Affordability Calculator

$5,982
Per Month
100%
0%
0%
Monthly Principal & Interest
$5,982
Monthly Property Taxes
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/1/2024$900,000 Listed Price

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635 Veile Avenue, Beaumont, CA, 92223 is a Commercial Property for sale at $900,000 with 5,262 sqft. 635 Veile Avenue is a studio with 0.0 baths and was built in 1947. The property's zip code is 92223 which is in Beaumont, CA