Land
Property Type
47,480 sq ft
Area Size
HUD tax perks
Opportunity Zone
Phase I ESA, no remediation flags
Build Quality
20,000 sq ft
flex development
Acquisition Ready
Parcel ID
0136-121-41
Price
Inquire for Price
Frontage Street Name
S E St
Frontage Length
160 feet
Lot Size
1.09 acres
Zoning
C-2
Description
This 1.09-acre (47,480 SF) vacant commercial parcel stands as a blank-slate powerhouse in the heart of San Bernardino’s revitalizing downtown core, offering signalized corner exposure on bustling E Street with 160 feet of frontage, just blocks from the historic district, Metrolink commuter rail, and the Inland Empire’s logistics surge.
Inquire for price to secure this tax-advantaged HUD Opportunity Zone gem—1031-ready for seamless exchanges—zoned C-2 for retail, mixed-use, or flex development amid a metro where San Bernardino’s population swells 0.8% annually to 225,000 by 2029, backed by a retail vacancy of 4.9% and $1.2B in local consumer spend. Envision ground-up retail pads, QSR outparcels, or urban live-work concepts tapping the 22% foreign-born demo and rising median incomes, with easy access to I-215 (1 mile) and Ontario Airport (15 miles)—primed for 8-10% yields in California’s fastest-rebounding submarket.
Investment Highlights
- OZ Tax Turbocharger: Locked in HUD Opportunity Zone status defers 100% gains via 1031 while stacking 15% step-up credits—I’ve structured these IE plays to 14%+ IRRs, blending HNW preservation with urban renewal alpha in a submarket where comps yield 20% equity pops post-build.
- Logistics Demand Dynamo: San Bernardino’s port-adjacent boom (Amazon, UPS hubs within 5 miles) drives 7% unemployment dip and 300K VPD on I-215, funneling blue-collar spend into downtown retail voids—expect 25% NOI surge from spillover in a corridor absorbing 500K SF YTD.
- Revival Momentum Multiplier: City’s 0.8% pop clip to 226K by 2025, fueled by 3.64% HH income growth, positions this for 4-6% rent escalators; historic district adjacency taps $15B annual sales velocity for experiential retail magnets.
- Diverse Velocity Vault: 22% foreign-born demo with 60% renter tilt and medians climbing to $65K screams high-turnover F&B/service plays, backed by $1.2B local spend in a market where downtown vacancy halved since 2023.
- Development Delta Force: Shovel-ready with no entitlements, comp ground leases at $2.50/SF NNN signal 12-15% unlevered returns; EZ path to mixed-use density bonus for 15-20% equity unlock in 18-24 months.
- Resilience Rampart: No seismic/flood premiums, rail/transit access buffers volatility, and IE’s 2.2M county pop (projected +0.6% YoY) ensure counter-cyclical flows for your diversified trophy hunt.
Features
Utilities Stubbed to Street
Zoning Established
Signalized Corner Access
Demographics
Perched on E Street’s vibrant downtown artery—a revitalization hotspot channeling 25,000+ VPD—the parcel seizes signalized visibility amid San Bernardino’s logistics renaissance, ensuring relentless commuter and pedestrian capture.
• The 1-mile core pulses with 15,200 residents across 5,100 households, anchored by diverse urban enclaves (74% Hispanic influence) and young professionals (median age 32), priming quick-serve and convenience retail with 65% renter density.
• Broadening to 3 miles envelops 82,500 residents in 26,800 households, integrating the Inland Empire’s workforce hub—where 7% unemployment masks 3.64% income growth—delivering stable demand for mixed-use services amid $15B citywide sales.
• The 5-mile horizon expands to 205,000 residents over 68,500 households, embodying San Bernardino’s metro ascent as California’s logistics linchpin: a 0.8% pop trajectory to 226K by 2025, medians at $65K+, and 22% foreign-born vibrancy amplifying cultural-retail synergy.
• At its essence, downtown San Bernardino embodies IE grit-to-glory—proximity to Metrolink (daily 5K riders), historic districts drawing tourists, and anchors like San Manuel Stadium (annual 500K attendees)—crafting a demo with 15% above-regional spend velocity for visionary developers.