$629,000
FOR SALEActive121 123 W. GRAND AVE 2
Escondido CA 92025
1,600
SF
Retail
Type
1948
Built
$393/SF
Cost/SF
Listing Agent
Location Analysis
About This Property
HUGE PRICE IMPROVEMENT! THIS COMMERCIAL BUILDING IS LOCATED IN THE HISTORIC AREA OF GRAND AVE. IN ESCONDIDO. THE SITE IS IMPROVED WITH A SINGLE STORY- 2 UNIT BUILDING CONTAINING 1600 SF SPLIT EQUALLY BETWEEN EACH UNIT. UNIT 1 IS AN ART GALLERY WITH GALLERY SHOWROOM AND RESTROOM AND UNIT 2 IS A BARBER SHOP WITH A LOBBY, THREE BARBER STATIONS, RESTROOM AND STORAGE ROOM. THE BUILDING IS LOCATED IN A HIGH VISIBILITY AREA FRONTING ON GRAND AVE. THE TWO TENANTS ARE LONG TERM TENANTS. BOTH RENTS ARE CONSIDERED BELOW MARKET. THE SURROUNDING AREA IS CONSISTED WITH 1 TO 2 STORY BUILDINGS HOUSING RESTAURANTS, RETAIL, SPECIALTY RETAILERS, GALLERIES AND MORE
Property Information
Property Overview
Commercial - Retail
Property Type
Active
Status
SP GOVERNED BY SPA 9
Zoning
3647 acres
Lot Size
2
Total Units
1,600 SF
Square Footage
$393.13/SF
Price per SF
0.00%
Cap Rate
$900
Annual Tax
1,948
Year Built
1
Stories
5
Parking Total
3.13
Parking Ratio
Property Highlights
N/A Property
Prime Location with High Visibility
0% Cap Rate
Location Analysis
Building Details
Zoning & Use
Parking & Access
Investment Metrics
0.00%
Cap Rate
$0
NOI
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Closed commercial sales reported, newest first.