Property Detail

Description

For Sale: Red Barn Antique Mall – Beaumont, CA Address: 502 West 6th Street, Beaumont, CA 92223 Price: $1,100,000 (Includes property, business, (Ghost Town” area) Seller Financing Available: Seller will carry note at one point under prime for commercial loans, interest with $500,000 down. Optional Add-On: Two additional parcels available for $100,000. Billboards are negotiable Business Overview The Red Barn Antique Mall is a well-established and profitable retail landmark in Beaumont, with a rich history dating back to the 1940s. Originally a fresh fruit stand, the property evolved over the decades—becoming a horse stable in the 1950s, then an antique store in the 1960s. It has continuously operated as an antique destination under various names ever since. Property Highlights • Main Building: 7,797 sq. ft. • Lot Size: Approx. 167’ x 127’ (Parcel 47043007-6) • Ghost Town Area: 5,600 sq. ft. with 16 themed building facades • Parking: Front parking (recently redone), fenced/gated east-side lot • Restroom: 12’ x 6’ with shower • Connected to city water & sewer Business Features • Name Rights: “Red Barn Antique Mall” registered for next 5 years (renewed March 2015) • 100+ dealers contracts . • 19 consignors (35% commission, no rent) • 88 USPS-approved mailboxes with transferable qualification • Advertising: 10 consecutive years in Beaumont–Banning Magazine of Values • Online Presence: Facebook & Instagram accounts included • Security: 9 cameras, Jadtex Alarm Co. system, panic button direct to police/fire • Audio: Surround sound system throughout • Sales Management: Trovenet Mall Manager system for dealer sales • Fixtures Included: 9 glass display cases, store décor, some retail inventory, printed signage. City of Beaumont is business owner, friendly, and currently offering grants! Income Sources • Rent from Ghost Town event space • Consignment sales (35% commission) • 100+ dealers paying rent. Over $16,000 mo income • Mailbox rental income • 12% fee on all sales plus 4% credit card processing charge to vendors Financials Property Tax: $8,969.08/year Insurance: $4,570.62/year (+$750/year extra coverage for $200,000 in personal property) Annual Sales & Profit: Financing: Seller will carry at one point under prime for commercial loans interest with $500,000 down payment. City of Beaumont is business owner, friendly, and currently offering grants !!!