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Investment Highlights

  • Attractive In-Place Return: 7.72% cap rate based on actual income with 77% occupancy
  • Strong Tenant Mix: Established medical, counseling, and professional office users providing income stability
  • Value-Add Upside: Lease-up potential across remaining suites to increase NOI and returns
  • Strategic Location: Prime Main Street positioning along the I-15 corridor with growth driven by regional logistics expansion

Executive Summary

We are proud to present The Mercado Building, a ±36,850 square foot, two-story, 33-unit garden-style office investment located at 222 E. Main Street in Barstow, CA. The property is currently 77% occupied and offers a 7.72% cap rate based on actual income, providing investors with stable in-place cash flow and a clear value-add opportunity through leasing remaining vacancies and increasing rental income. The asset is well maintained and features a strong, diverse tenant mix including Victor Community Support Services, Inc., Aegis Treatment Centers, Lighthouse Counseling, and other medical and professional office users.
Strategically positioned in the heart of Barstow’s commercial corridor along the I-15 between Los Angeles and Las Vegas, the property benefits from excellent accessibility and long-term growth fundamentals. Barstow continues to expand as a key logistics and transportation hub, with strong support for business development and investment. The proposed BNSF Barstow International Gateway project is expected to further accelerate economic activity, job growth, and demand for commercial space—making this an attractive opportunity for investors seeking both current income and future upside.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
36,850 SF
Building Class
B
Year Built
1985
Price
$3,548,300 CAD
Price Per SF
$96.29 CAD
Cap Rate
7.72%
NOI
$274,035 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
18,425 SF
Slab To Slab
11’
Building FAR
1.00
Lot Size
0.85 AC
Opportunity Zone
Yes
Zoning
CG - General Commercial
Parking
38 Spaces (1.03 Spaces per 1,000 SF Leased)

Amenities

  • Courtyard
  • Outdoor Seating
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
0181-101-50
Land Assessment
$179,186 CAD
Improvements Assessment
$2,471,602 CAD
Total Assessment
$2,650,788 CAD
  • Listing ID: 40194572

  • Date on Market: 2026-04-17

  • Last Updated:

  • Address: 222 E Main St, Barstow, CA 92311

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