Retail - Lucerne Valley, CA
The shopping center comprises approximately 27,780 square feet on 3.77 acres of Rural Commercial land. The five building complex has five separate parcels with approximately 1.67 acres of paved parking. The center comprises 19 units currently but does include current tenants with multiple unit occupancy. The center was built, added to and maintained by the same family since 1953. The financing of this property is simple and straight forward and can be accomplished without a long and involved bank qualification and approval process with all the yearly financial reporting and the personal and corporate loan guarantees most banks are now requiring. The owners are offering to carry the balance with a 50% down payment at 7% amortized for 30 years due in 10.
Would you like more information regarding this property?
Please call (760) 952-2345.
Data Provided by:
High Desert Association of Realtors