Forest Falls, CA 92339,40987 Valley Of The Falls DR
$309,000
$359,000
13.9%
Est.Price: ?

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9,016 Sqft Lot

40987 Valley Of The Falls DR Forest Falls, CA 92339

Est. payment /mo
SOLD DATE : 04/26/2016

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Key Details

Sold Price $309,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID EV15256249

Sold Date 04/26/16

HOA Y/N No

Year Built 1940

Lot Size 9,016 Sqft

Property Description

Elkhorn General Store has served the east mountain area since 1925. It is the hub of Forest Falls, located in the heart of the community on Valley of the Falls Dr., the main road which serves a stable community of approximately 1150 full time residents and leads to the Falls Recreation Area and two trailheads for the San Gorgonio Mountains and Wilderness Area, estimated to receive about 300,000 visitors a year.

This commercial real estate is the heart of Forest Falls, which includes a thriving grocery store of 1055 sq. ft., with a rock fireplace with insert wood burning stove, large walk-in refrigerator, a small office/store room and 1/2 bath. Adjoining is a 290 sq. ft. gift shop with a large front display porch and a storage shed located to the rear. On the back of the structure is a 883 sq. ft, 1 bedroom with rock fireplace and full bath apartment. Also included in the sale price are 2 additional storage sheds. One is used by the Elkhorn General Store and the other is a 4-unit rental storage shed. The property rests on 1-1/2 lots and is located smack dab in the middle of Forest Falls!!!

The gift shop is on a 5 year lease. The grocery store is available for purchase.

This opportunity is too good to pass up!!

Location

State CA

County San Bernardino

Area 290 - Forest Falls Area

Zoning Commercial

Rooms

Other Rooms Living Quarters

Interior

Heating Propane, Wood Stove, Wall Furnace

Cooling See Remarks

Fireplace No

Laundry None

Exterior

Fence Chain Link, Wood

Utilities Available Propane, Phone Connected

Roof Type Composition

Building

Lot Description 0-1 Unit/Acre, Back Yard, Street Level

Story 1

Water Private

Additional Building Living Quarters

Others

Tax ID 0323342400000

Security Features Carbon Monoxide Detector(s),Smoke Detector(s),Security Lights

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by MARTHA GREENWHITNEY • GILLMORE REAL ESTATE
Bought with THOMAS MCINTOSH • GILLMORE REAL ESTATE

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Kelly Corsino

Agent | License ID: 01704102

+1(949) 229-0019

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