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This is an exceptional opportunity for those interested in owner user, investment, or development. The property is situated in the heart of downtown Escondido, within the opportunity zone. It offers a retail/flex/office space with a highly visible storefront, featuring a frontage that expands to 64' on W. Washington Ave. New roof with warranty. The front footage can be split into two retail stores. Separate access to upstairs units. Two back door accesses on the first floor. The location is known for its walkability, excellent location rated at 89 with walking score of 93, and transit score of 51. Easy, quick and convenient access to both Hwy 78 and 15. The building has been an owner user property and has great potential.
**Prime Commercial Land Opportunity in San Diego County** Discover a rare investment opportunity in San Diego County! We present two commercial parcels, each with a potential high cap rate for land development. The FAA has a preliminary approval approved for storage/equipment parking use on these vacant lots, totaling 1.34 acres. **Key Features:** - Parcel 1 (APN 384-410-76-00): 31,798 sq. ft. - Parcel 2 (APN 3385-410-20-00): 26,571 sq. ft. - FAA Preliminary Approval for Storage Use - Gillespie Field Overlay Zone - Light Industrial Zoning - Triple Net Lease Option: $8,500 for both parcels - Individual Parcel Lease Rates: $3,719 (Parcel 1) and $4,451 (Parcel 2) - Convenient Ingress and Egress on West Side (East May be Availble) **Additional Information:** - The adjacent parcel, grandfathered for two single-family residences, may be available for sale. Call the Agent for details and/or to submit an offer. - Located in the Gillespie Field Compatibility Zone, ensuring strategic development. - Check the Gillespie Community Land Use Plan (Page 32), and Gillespie Field Compatibility Plan (Pages 71-72, 107-112) for detailed zoning insights. **Sales Details:** - Total Sales Price: $1,395,000 - Acreage: 1.34 acres (58,369 sq. ft.) **Important Notes:** - No structures can be built under the Gillespie Community Land Use Plan and avigation easement on this particular property. - Verify all information with the FAA, the County of San Diego, and the city of Santee for approvals.
**Prime Commercial Land Opportunity in San Diego County** Discover a rare investment opportunity in San Diego County! We present two commercial parcels, each with a potential high cap rate for land development. The FAA has a preliminary approval approved for storage/equipment parking use on these vacant lots, totaling 1.34 acres. **Key Features:** - Parcel 1 (APN 384-410-76-00): 31,798 sq. ft. - Parcel 2 (APN 3385-410-20-00): 26,571 sq. ft. - FAA Preliminary Approval for Storage Use - Gillespie Field Overlay Zone - Light Industrial Zoning - Triple Net Lease Option: $8,500 for both parcels - Individual Parcel Lease Rates: $3,719 (Parcel 1) and $4,451 (Parcel 2) - Convenient Ingress and Egress on West Side (East May be Availble) **Additional Information:** - The adjacent parcel, grandfathered for two single-family residences, may be available for sale. Call the Agent for details and/or to submit an offer. - Located in the Gillespie Field Compatibility Zone, ensuring strategic development. - Check the Gillespie Community Land Use Plan (Page 32), and Gillespie Field Compatibility Plan (Pages 71-72, 107-112) for detailed zoning insights. **Sales Details:** - Total Sales Price: $1,395,000 - Acreage: 1.34 acres (58,369 sq. ft.) **Important Notes:** - No structures can be built under the Gillespie Community Land Use Plan and avigation easement on this particular property. - Verify all information with the FAA, the County of San Diego, and the city of Santee for approvals.
We are proud to present Merritt Manor, an extremely well-maintained 18-unit apartment complex in one of the nicest areas of El Cajon. The subject property is close to schools, shopping, and transportation. There is an attractive Fannie Mae loan on this property that can be assumed. The interest rate is 3.32%, fully amortized over 30 years, and due in 2027. The current balance on the loan is $2,466,780. With current interest rates averaging 6% or higher, the assumption of the existing loan creates a desirable return on investment. Merritt Manor consists of eight separate one-story buildings, with each unit having private rear yards/patios. Each unit is separately metered for gas and electricity, with individual water heaters and gas appliances. The tenants reimburse the owner for all utilities, including water, sewer, and trash, through a RUBs system. The two front units have attached garages and washer/ dryer hookups, and all the buildings have newer roofs and paint. All the units have wall A/C units. The property has lush, mature trees and landscaping, with plenty of open space between the buildings. The property shows the overall pride of ownership. This property is perfect for a buyer looking for a turnkey investment with some upside in the rents.
Prime location in Fletcher Hills, close to Freeway 125. Three (3) well maintained freestanding buildings on separate parcels. All leased with long term leases that run through 2024, 2025. Tenants pay for all utilities, water, sewer, trash and landscaping services. Easy access to off street parking in rear of buildings. Age of buildings to be verified by buyer, estimated construction of buildings in late 1950's - early 1960. Square footage of each building range from 1080 to 1248 sq ft. Buildings are sold together.
Stand alone 2 unit commercial building. Dont pay rent build equity & impress clientele! Property offers 6 private & 1 semi-private office or work area(s), large reception area, 2 bath, a kitchen/copier area, storage galore, & 35,000+ cars per day. Great signage & parking. Salon? Dentist? Business professional? Doctor's office? Accountant? Or whatever business you have! Take entire building, or keep current tenants at $2,000 per month ($1,000 each), occupying less than 300 sq ft, offering 1,000 sq ft & signage for business. Perfect property for the owner/user wanting to impress clientele! Beautifully remodeled, ready to do business. In area of Fletcher Parkway where most surrounding businesses have upgraded & remodeled buildings, this is one of the standouts! WOW Private conference room & main office & workstations all designed with feng shui harmony. Must see the very functional floorplan. Plenty of parking. Great for clients from all areas of SD with quick access off the 125 FWY from the 8 or 52! 8+ rooms plus two bathrooms and a kitchen. Come see it - too much to tell! One block West of Garfield on Fletcher Parkway north side. Estimated 35,000 cars per day will see your sign! Rent is estimated - owner/user occupies now. Take entire building, or keep current tenants at $2,000 per month ($1,000 each), occupying less than 300 sq ft, offering 1,000 sq ft & signage for business. With monthly income, you can own for less than you'd pay in rent. Likely will bring $3,500-$5,000 per month if leased. Both Units are open now, but could be closed off for privacy. Use one unit as your business & rent the other out!
Jim, Justin and Vickie
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Jim, Justin and Vickie Dean Stalter, Broker DRE# 00625377 - 30221 Golden Lantern Ste. A-B, Laguna Niguel, CA 92677 | Phone: (949) 464-8136 | Email: [email protected]
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