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$3,990,000
Est. payment /mo
0.53 Acres Lot
UPDATED:
11/20/2024 12:34 AM
Key Details
Property Type Commercial
Sub Type Commercial-Off/Rtl/Ind
Listing Status Active
Purchase Type For Sale
MLS Listing ID 240027123
Lot Size 0.528 Acres
Acres 0.53
Property Description
This property offers a substantial investment opportunity in a growing city. Priced at $3,990,000, it includes two retail stores, two one-bedroom apartments, and a detached single-family home. Built in 1950, the building covers 4,704 square feet and sits on a 0.53-acre commercial-zoned lot. In addition to diverse residential and commercial units, the property features a four-car garage and ample parking. Its mixed-use potential makes it attractive for investors seeking rental income and long-term growth as the area develops. Centrally located development in Lemon Grove Easy freeway access to both Highway 94 and 125 20 minutes from the Port of San Diego Retail/commercial opportunity for businesses Kelvin Building with 66 luxury apartments located across the street
Location
State CA
County San Diego
Area Lemon Grove (91945)
Zoning Commercial
Interior
Heating Other/Remarks
Cooling None
Flooring Other/Remarks
Exterior
Parking Features Metered, Public
Roof Type Other/Remarks
Building
Lot Size Range .5 through .75 Acres
Others
Acceptable Financing Cash, Other/Remarks
Space Rent $120,517
Listing Terms Cash, Other/Remarks
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Listed by Zulema Ugarte • Berkshire Hathaway HomeServices California Properties
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HomeSmart Realty West
Broker | License ID: DRE#1905908
Broker License ID: DRE#1905908