This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/31
1550 E Washington Street, Colton, CA 92324
$4,400,000
1550 E Washington Street, Colton, CA 92324View this property at 1550 E Washington Street, Colton, CA 92324
1550 E Washington StreetColtonCA92324
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/31
Property Description
Discover a rare opportunity to own a distinguished medical office building strategically located at 1550 E Washington St, Colton, CA 92324. Boasting a TRIPHASIC ELECTRIC TRANSFORMER which is necessary for certain medical equipment and a DIGITAL X-RAY machine, this building is well suited for medical use.
Moreover, with an impressive 20,882 square feet of existing building space on a generous lot of 50,768 square feet with ample parking space, this property offers unparalleled potential for both current and future medical practitioners or investors who want to continue its current use or converting it into something else.
Key Features:
1. Strategic Location: Situated in the heart of Colton, CA, this property enjoys proximity to esteemed medical institutions including Loma Linda University and Arrowhead Regional Medical Center, making it an ideal location for medical offices seeking high visibility and accessibility.
2. Expansion Opportunities: With a spacious lot and zoning permissions, the property presents an exceptional opportunity for expansion. The second floor, currently undeveloped, can be built out according the buyer's preference and specifications, allowing for further revenue generation and enhanced services.
3. Existing Infrastructure: Currently utilized as medical offices, as stated, the building features multiple tenant spaces equipped with essential amenities and equipment for healthcare professionals. The building while build in 1977 was extensively renovated in 2000 and also has a newer rooftop HVAC.
4. Transportation Access: Conveniently situated near major freeways including the 215, 10, 60, and 91, the property ensures easy access, facilitating seamless commuting from neighboring communities and beyond.
5. Versatile Usage: While ideally suited for medical offices, the property's adaptable layout and prime location also make it suitable for a variety of uses including general office spaces, specialized clinics, or potential residential conversion, catering to a diverse range of business or investment objectives.
Ideal for:
•Medical Offices
•Specialty Clinics
•Healthcare Services
•Office Spaces
•Potential Residential Conversion with the appropriate governmental approval
•Investment Opportunities
Full Property Details
Full Property Details for 1550 E Washington St
General
- Price: $4,400,000
- Status: Active
- Type: Office
- MLS ID: PW24036408
- Updated: 4/8/2024
- Days on Market: 62 days
- Added to Site: 79 day(s) ago
Business
- Business Type: Medical, Multi-Tenant, Professional/Office
Rooms
Other Rooms
- Laundry: None
Additional Information
- Security/Safety: Fire and Smoke Detection System, Fire Sprinkler System, Security System
Location
- County: San Bernardino
- Driving Directions: Exit 215 Freeway on Washington; go east on Washington St
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Forced Air
Utilities
- Utility Description: Cable Available, Electricity Connected, Phone Connected, Sewer Connected, Water Connected
Structural Information
- # Buildings: 1
- Sprinklers: Yes
- Entry Floor Number: 1
- Stories/Levels: 2
- Building Size: 20882
- Square Feet: 20,882
- Year Built: 1977
Lot Features
- Lot Size (Acres): 1.1655
- Useable Acres: 1.1655
- Lot Size (Sq. Ft.): 50,768
- Lot Size Source: Assessor
- Lot Features: Landscaped, Level with Street, Lot Over 40000 Sqft, Paved, Sprinkler System, Utilities - Overhead, Walkstreet
- Lot Description: Landscaped, Level with Street, Lot Over 40000 Sqft, Paved, Sprinkler System, Utilities - Overhead, Walking Street
Financial Considerations
- Price Per Sq. Ft.: $210
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Exclusions: Certain furniture and equipment
- Investment: Yes
- Property ID: 276542260000
Listed by Keller Williams Legacy, JamesZhou
Get Pre-Approved Today
Schools
Schools serving 1550 E Washington St
School District:Colton Joint Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
1000 S Cooley Dr, Colton, CA 92324 | K-6 | 0.6 mi | |
22579 De Berry St, Grand Terrace, CA 92313 | 7-8 | 1.4 mi | |
21810 Main St, Grand Terrace, CA 92313 | 9-12 | 2.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1550 E Washington St
Date
Details
Price
Change
Source
4/08/2024
Price Reduced
$4,400,000
-8.33%
MLS
2/10/2024
Listed
$4,800,000
231.03%
MLS
8/09/2006
Sold
$1,450,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1550 E Washington St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$23,503
1%
$1,876,711
2%
2022
$23,172
-2%
$1,839,913
2%
2021
$23,643
—
$1,803,836
1%
2020
$23,747
3%
$1,785,340
2%
2019
$23,106
2%
$1,750,334
2%
2018
$22,737
4%
$1,716,014
2%
2017
$21,948
-2%
$1,682,367
2%
2016
$22,496
3%
$1,649,380
2%
2015
$21,786
37%
$1,624,605
35%
2014
$15,935
-2%
$1,200,000
—
2013
$16,223
—
$1,200,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1550 E Washington St
1550 E Washington Street, Colton, CA 92324 (MLS# PW24036408) is a Office property. 1550 E Washington Street is currently listed for $4,400,000 and was received on February 10, 2024. Want to learn more about 1550 E Washington Street? Do you have questions about finding other Office real estate for sale in Colton? You can browse all Colton real estate or contact a Coldwell Banker agent to request more information.