1605 Calvary Circle | Redlands | CA | 92373 100 YEAR OLD ...

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100 YEAR OLD TWO STORY VICTORIAN OFFICE FOR SALE SC 1605 Calvary Circle | Redlands | CA | 92373 OFFERING MEMORANDUM

Transcript of 1605 Calvary Circle | Redlands | CA | 92373 100 YEAR OLD ...

100 YEAR OLD TWO STORY VICTORIAN OFFICE FOR SALE

SC

1605 Calvary Circle | Redlands | CA | 92373

OFFERING MEMORANDUM

CONFIDENTIALITY AND AGENCY DISCLAIMER STATEMENTThe information contained in the following Offering Memorandum is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Coldwell Banker Commercial SC and should not be made available to any other person or entity without the written consent of CBC-SC. This Offering Memorandum has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. CBC-SC has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Offering Memorandum has been obtained from sources we believe to be reliable; however, CBC-SC has not verified, and will not verify, any of the information contained herein, nor has CBC conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.

© 2016 Coldwell Banker Commercial ® is a registered trademark licensed to Coldwell Banker Real Estate Corporation. An Equal Opportunity Company. Each Officeis Independently Owned and Operated Except Offices Owned and Operated by NRT Incorporated.

Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks licensed to Coldwell Banker Commercial Affiliates. Each Office is Independently Owned and Operated. All information contained herein has been obtained from sources deemed reliable.  However, no warranty or guarantee is made as to the accuracy of the information.CalBRE License # 01998652

Rick LazarSENIOR VICE PRESIDENT

[email protected]

CalBRE # 00549349

Spencer HullSENIOR VICE PRESIDENT

[email protected]

CalBRE # 01507542

Sean MurraySALES ASSOCIATE

[email protected]

CalBRE # 02003958

EXCLUSIVE INVESTMENT

ADVISORS

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Property Highlights

♦ Highly visible property located on the northwest corner of Alabama Street and Barton Road

♦ One of the heavily trafficked intersections in the City of Redlands with average daily traffic counts of over 35,000 cars per day

♦ Located directly across the street from a Stater Bros anchored shopping center

♦ Property is zoned A-P, Administrative & Professional

♦ Ideal to be utilized as professional offices such as legal, accounting, architecture, engineering, counseling as well as other uses

♦ The building was built in 1903 and is over 100 years old

♦ Classic Victorian style architecture

♦ Available for $625,000.00

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Property DescriptionLOCATION DESCRIPTIONThe Property is located on Calvary Circle and backs up to the corner of Barton Road and Alabama Street.

BUILDING AREAA 100 year old Victorian style home totaling ±3,656 square feet of useable space (size per San Bernardino County Tax Assessor records.

PARCELThe property consists of a single parcel containing approximately 8,712 square feet of land area. Address Parcel Land Size1605 Calvary Circle, Redlands, CA 92373 0293-133-13 ±8,712 square feet

PARKINGTo be determined

ACCESSCustomer access via Calvary Circle.

TRAFFIC COUNTSBarton Road at East Bellevue Avenue (2015) 20,765 (CPD)Alabama Street at North Orange Avenue (2015) 15,652 (CPD)

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Parcel Map

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City of Redlands

Once part of the Spanish Mission lands, the city of Redlands, incorporated in 1888, in San Bernardino Valley, is located approximately 63 miles east of Los Angeles, covering an area of 36 square miles and serves a population of more than 70,000 residents. The town is bordered by the cities of Loma Linda, San Bernardino, Highland, Moreno Valley, Yucaipa, and Beaumont.

Incorporated in 1888, Redlands derived its name from the color of the area’s adobe soil. The city traces its roots to the planning of Frank E. Brown and E. G. Judson, Easterners who met in Southern California in the late 19th-century and envisioned the creation of an idyllic agricultural and residential community. The city has been visited by three U.S. Presidents: William McKinley was the first in 1901, followed by Theodore Roosevelt in 1903 and William Howard Taft in 1909.

At the turn of the 20th century, Redlands was the “Palm Springs” of the next century, with roses being planted along many city thoroughfares. In fact, Redlands was the first city to have center medians with trees or gardens in between roads.

Located in an ideal climate for citrus production, Redlands soon began calling itself the Navel Orange Capital of the World. The early 20th-century arrival of the Pacific Electric Railroad brought a higher degree of prosperity to the city, which started becoming also known as a vacation destination. Much of the city’s history is still in view today in downtown Redlands, whose State Street is mostly comprised of beautiful historic buildings and locally-owned boutiques and shops.

Local landmarks include the A.K. Smiley Public Library, a Moorish-style library built in 1898, and the Redlands Bowl, built in 1930 and home of the oldest continuously free outdoor concert series in the United States. Located behind the Smiley Library is the Lincoln Shrine, the only memorial honoring the “Great Emancipator”, the sixteenth president, west of the Mississippi River.

As time goes by, Redlands became home to various light manufacturing firms and a bedroom community for the military personnel and contractor employees of the aerospace industry that supported missions at Norton Air Force Base as well as the Lockheed Propulsion Company plant in Mentone.

Redlands is home to notable colleges include University of Redlands, California Preparatory College, Community Christian College and Salon Success Academy – Redlands.

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Location Map

http://www.redlandschamber.org/discover/

Redlands, though emerging as a regional leader, boasts small-town charm, a commitment to education at all levels, a community of service to others, environmental preservation and sustainability, historic preservation, and a passion for the arts. At the turn of the 20th century, Redlands was the “Palm Springs” of the next century, with roses and palm trees being planted along many city thoroughfares. Below are some of the key places to visit that allow you to experience our rich heritage.

UNIVERSITY OF REDLANDS1200 E. Colton Ave., Redlands, 92374, (909) 793-2121 Founded in 1907, the University campus is home to the Redlands Symphony Orchestra and the University Club Restaurant, and regularly earns high marks in the rankings of the nation’s colleges. It annually presents over 200 music, arts, theatre, dance, and other cultural events. http://www.redlands.edu/

Information Provided By:

A.K. SMILEY LIBRARY125 W. Vine St., Redlands, 92373, (909) 798-7565 Seven days a week, this library designed in the Moorish style was constructed in 1898 by Redlands’ patron saints the Smiley Brothers as a gift to the people of Redlands. Located in Smiley Park, it is a California Historic Landmark and is listed in the National Register of Historic Places.http://www.akspl.org/

THE LINCOLN MEMORIAL SHRINE125 W. Vine St., Redlands, 92373, (909) 798-7632 The only Museum, Library, and Archives dedicated to Abraham Lincoln and the American Civil War west of the Mississippi, is open to the public free of charge afternoons Tuesday through Sunday. Located in Smiley Park, the Shrine, built in 1932 as a memorial to President Abraham Lincoln, is a museum containing art, photos, manuscripts, relics, and books on the life of Lincoln and his era.http://www.lincolnshrine.org/

REDLANDS BOWLRedlands Bowl Smiley Park between Eureka and Grant Streets, across the street from A.K. Smiley Public Library, P.O. Box 446, Redlands, 92373, (909) 793-7316. More than 100,000 guests enjoy musical performances at the Redlands Bowl, a Redlands tradition for over 75 years. The season’s concerts take place on Tuesday and Friday evenings from late June through August. There is no admission charge, but free-will donations are accepted. http://www.redlandsbowl.org/

SAN BERNARDINO COUNTY MUSEUM2024 Orange Tree Lane, Redlands, 92374, (909) 307-2669, off I-10 at California Street exit. Open Tuesday through Sunday, 9:00-5:00, closed Mondays and major holidays. Displays of pioneer life, Indian relics, minerals and fossils, ornithology, anthropology, archaeology, earth science, natural history, and paleontology. Changing art, science, and natural history exhibits are featured; for current displays call 1-888-BIRD-EGG. http://www.co.san-bernardino.ca.us/museum/EDWARDS MANSION2064 Orange Tree Lane, Redlands, 92374, (909) 793-2031. Off I-10 at California Street exit. Set amidst lush citrus groves, this turn-of-the-century Victorian mansion has been renovated as a wedding and other special-events facility. Self-guided tours are offered through the three-story house and adjacent 1890’s wedding chapel, Victorian gazebos, and beautiful gardens and patio. http://edwardsmansion.com/

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Population2021 Projection 12,363 74,914 143,2852016 Estimate 11,839 72,369 138,5822010 Census 10,733 68,864 132,849Growth 2016 -2021 4.43% 3.52% 3.39%

Households2021 Projection 5,158 26,981 49,0522016 Estimate 4,941 26,097 47,4792010 Census 4,479 25,020 45,737Growth 2016 -2021 4.39% 3.39% 3.31%

2016 Est. Population by Single-Classification RaceWhite Alone 8,586 51,223 99,464Black Alone 863 5,068 10,811American Indian Alone 153 1,048 2,205Asian Alone 1,664 11,756 19,983Pacific Islander Alone 45 427 734Some Other Race Alone 530 2,847 5,384Hispanic Origin (Any Race) 3,231 24,628 51,834

2016 Average Household Income $54,510 $58,697 $59,431

Demographics

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Rick LazarSENIOR VICE [email protected] # 00549349

Spencer HullSENIOR VICE [email protected] # 01507542

Sean MurraySALES [email protected] # 02003958

COLDWELL BANKER COMMERCIAL SC3998 iNLAND EMPIRE BOULEVARD,

SUITE 400ONTARIO, CA 91764

(909) 793.3600CBCSOCALGROUP.COM

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