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$995,000
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Property Description
The subject property is improved with a freestanding commercial building located near the signalized intersection of East Highland Avenue and Waterman Avenue in San Bernardino, California. The approximate 8,538 SF space which was previously a Bank of America branch sits on an impressive ±1.12-acre parcel and features substantial on-site parking with approximately 74 spaces. The property also includes an existing ATM lease with Bank of America, providing the buyer with substantial in place income of $24,000 annually. The building is situated near the front of the lot and per assessor records, the gross leasable area is 8,538 SF. This is broken down between the first floor of roughly 7,000 SF and the second floor of roughly 1,538 SF. Zoned Commercial General (CG-1), the property offers an established commercial setting with potential for a variety of business and owner-user opportunities, subject to applicable zoning and approvals. The property is strategically located along East Highland Avenue in San Bernardino, within the Inland Empire, a major Southern California commercial and logistics region. Its position near the signalized intersection of Highland Avenue and Waterman Avenue provides convenient access and visibility along an established commercial corridor. The surrounding area features a mix of national and regional retailers, restaurants, banks, and everyday service businesses, including Starbucks, Denny's, Chase Bank, and Stater Bros. Markets. The property benefits from access to a substantial regional customer base. The traffic count on this stretch of E. Highland Avenue is approximately 27,000 vehicles per day.
Full Property Details
Full Property Details for 245 E Highland
General
- Price: $995,000
- Status: Active
- Type: Business
- Source: MRMLS
- MLS ID: DW26227034
- Updated: 10/20/2026
- Days on Market: 9 days
- Added to Site: 9 day(s) ago
Rooms
Other Rooms
- Laundry: None
Location
- County: San Bernardino
Structural Information
- # Buildings: 1
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 8538
- Square Feet: 8,538
- Year Built: 1956
Lot Features
- Lot Size (Acres): 1.1199
- Useable Acres: 1.1199
- Lot Size (Sq. Ft.): 48,781
- Lot Size Source: Assessor
- Lot Features: Corner Lot
- Lot Description: Corner Lot
Financial Considerations
- Price Per Sq. Ft.: $116
- Expenses: $47,380
Disclosures and Reports
- Property ID: 146031310000
Listed by Apex Properties, ChristopherComfort
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Schools
Schools serving 245 E Highland
School District:San Bernardino City Unified School District
| Name | Grades | Distance |
|---|---|---|
Wilson Elementary School, San Bernardino, CA 2894 N. Belle St., San Bernardino, CA 92404 | K-5 | 0.5 mi |
Golden Valley Middle School 3800 North Waterman Avenue, San Bernardino, CA 92404 | 7-8 | 1.7 mi |
San Bernardino High School 1850 North E Street, San Bernardino, CA 92405 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 245 E Highland
Date
Details
Price
Change
Source
10/20/2026
Listed
$995,000
—
MLS
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 245 E Highland
Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,791
—
$1,199,318
2%
2025
$14,791
2%
$1,175,802
2%
2024
$14,488
3%
$1,152,747
2%
2023
$14,128
—
$1,130,144
2%
2022
$14,169
—
$1,107,984
2%
2021
$14,210
—
$1,086,259
1%
2020
$14,262
3%
$1,075,120
2%
2019
$13,824
1%
$1,054,039
2%
2018
$13,662
3%
$1,033,372
2%
2017
$13,240
3%
$1,013,110
2%
2016
$12,843
-1%
$993,245
2%
2015
$12,934
3%
$978,325
2%
2014
$12,574
-2%
$959,161
—
2013
$12,799
—
$954,826
—
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 245 E Highland
245 E Highland, San Bernardino, CA 92404 (MLS# DW26227034) is a Business property. 245 E Highland is currently listed for $995,000 and was received on October 20, 2026. Want to learn more about 245 E Highland? Do you have questions about finding other Business real estate for sale in San Bernardino? You can browse all San Bernardino real estate or contact a Coldwell Banker agent to request more information.

