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325 Cajon St 2,490 SF Retail Building Redlands, CA 92373 $1,943,667 CAD ($780.59 CAD/SF) 5.21% Cap Rate



Executive Summary
Turnkey real estate & established business for sale. A 1930 character cottage in Historic Downtown Redlands, 325 Cajon Street presents a unique opportunity to acquire both the real estate and a well-established, long running day spa business in one transaction. 2490sf Freestanding Retail with 7300sf/.17ac Lot. (4) Rear Onsite Parking Spaces. Prominent Yard Post Signage. Fire Sprinkler and Camera Security System. Retail Lobby, 5-Treatment Rooms, 1-Steam Room, 1-Break Room in Kitchen, 2-Restrooms *One Full-Shower in Late Victorian Style with Moody Luxury Black & Gold Finishes, Laundry Hook-Ups, Central A/C & Heat, Newer Carpet, Modern Updates, Decorative Lighting, Natural Window Lighting, Waiting Room with Gas Fireplace Brick Surround, Outdoor Patio Garden Lounge and a Bonus 2nd Floor Studio Suite with 1-Restroom (Shower, Kitchenette, Spacious Open Room Floor, Street Front View Office Nook and Exterior Patio with Wood Gazebo). All FF&E (furniture, fixtures and equipment), inventory, branding, social media, website, client databases; will be included for the ongoing operation of the business with included training *negotiable. Exceptionally well-located, sitting directly within the historic, walkable footprint of Redlands and offering immediate access to the city's central amenities. Less than 1-Mile North to the heart of downtown, only minutes from popular local spots like the Redlands Bowl, and downtown shopping & dining. Adjacent to Optum Medical Facility. Conveniently, a 1.2-Mile drive to the I-10 Freeway. Buyer to verify own zoning/use with City of Redlands. Financial information and additional business details available to qualified buyers upon request and subject to confidentiality requirements.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
2,490 SF
Building Class
C
Year Built
1930
Price
$1,943,667 CAD
Price Per SF
$780.59 CAD
Cap Rate
5.21%
NOI
$101,349 CAD
Business Value
$508,558 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.34
Lot Size
0.17 AC
Zoning
A-P - Admin/Professional Office District
Parking
4 Spaces (1.61 Spaces per 1,000 SF Leased)
Frontage
50’ on Cajon Street
Amenities
- 24 Hour Access
- Courtyard
- Fenced Lot
- Security System
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
- Smoke Detector
- Awning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- International Day Spa
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| International Day Spa | Services | - | - | - |
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0171-371-04 | Improvements Assessment | $891,504 CAD |
| Land Assessment | $311,664 CAD | Total Assessment | $1,203,168 CAD |
Property Taxes
Parcel Number
0171-371-04
Land Assessment
$311,664 CAD
Improvements Assessment
$891,504 CAD
Total Assessment
$1,203,168 CAD
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325 Cajon St
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