Lucerne Valley, CA 92356

$1,400,000
Sold Price
$1,400,000
List Price
$1,495,000

Property Description

The shopping center comprises approximately 27,780 square feet on 3.77 acres of Rural Commercial land. The five building complex has five separate parcels with approximately 1.67 acres of paved parking. The center comprises 19 units currently but does include current tenants with multiple unit occupancy. The center was built, added to and maintained by the same family since 1953. The financing of this property is simple and straight forward and can be accomplished without a long and involved bank qualification and approval process with all the yearly financial reporting and the personal and corporate loan guarantees most banks are now requiring. The owners are offering to carry the balance with a 50% down payment at 7% amortized for 30 years due in 10. Access: Alley,Street Common Area Fac.None Flooring: CONC Lot Location Type: Standard Location Loading: Loading in Rear Miscellaneous: Other Road Surface Type: ,UPAV Sewer: SEPT Special Features: Other View: MT,VA,DE # of Attached Spaces: 0 # of Detached Spaces: 0 # of RV Spaces: 0

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Listing courtesy of Listing Agent: Kristen Maley (kristen@landcorerealty.com) from Listing Office: Landcore Realty.

Selling Office: Landcore Realty.

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