Retail, Antique

502 West 6th Street, Beaumont, CA

$1,300,000

Price

8.62%

Cap Rate

8,000 sqft

Building Size

Overview
Cap Rate
8.62%
Building Size
8,000 sqft
Lot Area
33,800 sqft
Occupancy
100%
Tenancy
Multiple
Parking Spots
8
Investment Strategy
Opportunistic
Description

Location!!! Location!!! Location!!!
Run the current antique mall or start your new business. This is a perfect location for a cannabis business, self-storage facility, shopping center, motel, gas station. Depending on the capital invested, the possibilities are endless.
It cannot be more strategically beneficial: right where the 10 and 60 freeways meet. With 2 two-sided included billboards, this place cannot be missed due to the visibility from the freeways. A well-established Antique Mall business in the fast-growing city of Beaumont, CA.
Property comes with two big adjacent lots. All three lots together ad up to 33,400 sq. ft. The building is equipped with 9 in-house security cameras and 5 RING video systems, Jadtex Security Alarm system with panic button directly connected to police/fire department, Trovenet Mall Manager system for dealers tracking from 2005.
The biggest store on the Antique Row, this quaint Antique Store is nestled in the heart of historical area of Beaumont, which is known for its family attractions of Apple and Cherry picking seasons and Old Riley's Farms where the Old colonial days are reenacted. If you are looking for something special, one of the more than 110 vendors will probably have it here.
The vendors pay lease and percentage of sales. Additionally, the store offers 88 Private Mail Boxes for rent. The entire mall has been kept as close to its authentic state as reasonably possible and will take you back to the Wild-Wild West.
The Ghost Town in the back with its 18 facades add more fun and income opportunities from special event rentals. Abundance of space and parking provides for opportunities to create a vision of your dreams.

Highlights
  • Prime Location! Heavy foot/drive-by traffic.
  • 18 facades imitation of Wild West Ghost Town brings in special events rental income
  • Two adjacent lots included bringing the total land to 33,400 sq. ft.
  • Three billboards plus 88 Private Mail Boxes for rent.
  • Proximity to 10 and 60 freeways. Good visibility from the freeways.
  • 24-hour security.

Location
Gallery