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Key Details
Sold Price $1,420,000
Property Type Commercial
Sub Type Commercial-Off/Rtl/Ind
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 230022259
Sold Date 01/05/24
Year Built 1966
Property Sub-Type Commercial-Off/Rtl/Ind
Property Description
Rarely available and ideal long term investment for the small or move up investors. Jump on this now as you probably haven't seen this product segment being offered very often. Solid bread and butter small strip commercial with great tenants. GSI includes new rental increases that just went into effect. Excellent location affords easy access for tenants and customers alike, not to mention huge drive-by customer pool. Property features bountiful parking on a wide lot, ideal for current tenant mix. Property has excellent curb appeal, right out of the old west. Exceptional signage offers makes the future rental desirability enduring. Can't find a residential multi-unit? This can be so much better with long term tenant rental stability. The property's location also invites consideration for redevelopment or substantial remodel. Sellers are cashing out so timing for closing and accommodating 1031 considerations are attractive.
Location
State CA
County San Diego
Area North County
Zoning Commercial
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Others
Senior Community No
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