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$1,800,000
Est. payment /mo
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Key Details
Property Type Commercial
Sub Type Commercial-Off/Rtl/Ind
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260009894
Property Sub-Type Commercial-Off/Rtl/Ind
Property Description
Prime retail property located along Broadway in Lemon Grove with strong street presence and high visibility. The property consists of an approximately 8,000 square foot single-tenant storefront situated on a 0.24-acre lot with 54 feet of frontage. Currently income-producing, it offers immediate cash flow with long-term upside potential. The property is zoned VC3 (Village Commercial) and should qualify for additional development opportunities under SB 79, which is a major value driver. This zoning allows for higher-density mixed-use development, including the potential for residential units above commercial space and increased building height and intensity (buyer to verify with the City of Lemon Grove). This creates a strong opportunity for future redevelopment into a multi-story project, making it especially attractive to investors and developers. Located in a growing corridor with nearby retail, transit access, and continued development activity, the property benefits from both its current use and future potential. Ideal for investors, developers, or owner-users looking to take advantage of zoning flexibility in a prime location.
Location
State CA
County San Diego
Area East County
Zoning VC-3
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Others
Senior Community No
Virtual Tour https://www.propertypanorama.com/instaview/snd/260009894
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Listed by Michael Spirtos, DRE#01306407 Atlas Realty
NEARBY SCHOOL & BUSINESS
“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”
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