507 S Main Ave

    Fallbrook, CA 92028
    • $1,800,000
    • STATUS: ACTIVE
    • ON SITE: 152 days
    • ID#: 190027682
    UPDATED: 55 min ago
    $1,800,000
    • 0
      BEDS
    • 1.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Heritage Square is a Main Avenue shopping plaza in the heart of historic downtown Fallbrook. Approx 7,884 sqft in multiple retail buildings on 1.15 acres of commercial land. Strategically positioned with full city block frontage within close proximity to national retailers and accessibility of both I-15 and Highway 76. Multi-purpose complex includes 5 separate parcel numbers and 13 rental units with no current vacancies; landmark restaurant, hair salon, barbershop, dog groomers, yoga studio, car lot, storage yard and offices. Courtyard deck and staircase to the lower shops was recently rebuilt.

    Monthly Payment Calculator

    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/95011676

    507 S Main Ave Fallbrook, CA 92028

    • Price: $1,800,000
    • Status: ACTIVE
    • Updated: 55 min ago
    • ID#: 190027682
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.15
    Acres
    Neighborhood:
    Fallbrook (92028)
    County:
    San Diego
    Area:
    Fallbrook (92028)
    Property Description
    Heritage Square is a Main Avenue shopping plaza in the heart of historic downtown Fallbrook. Approx 7,884 sqft in multiple retail buildings on 1.15 acres of commercial land. Strategically positioned with full city block frontage within close proximity to national retailers and accessibility of both I-15 and Highway 76. Multi-purpose complex includes 5 separate parcel numbers and 13 rental units with no current vacancies; landmark restaurant, hair salon, barbershop, dog groomers, yoga studio, car lot, storage yard and offices. Courtyard deck and staircase to the lower shops was recently rebuilt.
    Exterior Features

    Construction Frame

    Interior Features

    Sq Ft Of Improvement 7884 Unit Size1 400.00 Unit Size10 400 Unit Size2 800 Unit Size3 1284 Unit Size4 400 Unit Size5 400 Unit Size6 400 Unit Size7 600 Unit Size8 600 Unit Size9 400

    Property Features

    Actual Cap Rate 5.6 Actual Gross Scheduled Income 121776 Actual Operating Expense 18156.00 Assumable Finance 0 Commercial Property Type Office LeaseRetail Lease Mandatory Remarks None Known Market Area North County Monthly Rent1 775.00 Monthly Rent10 250.00 Monthly Rent2 1300.00 Monthly Rent3 3548.00 Monthly Rent4 550.00 Monthly Rent5 550.00 Monthly Rent6 550.00 Monthly Rent7 500.00 Monthly Rent8 250.00 Monthly Rent9 300.00 Motive Want Exchange Short Sale No Unit Number1 1 Unit Number10 10 Unit Number2 2 Unit Number3 3 Unit Number4 4 Unit Number5 5 Unit Number6 6 Unit Number7 7 Unit Number8 8 Unit Number9 9

    Listing provided courtesy of Pacific Sotheby's Int'l Realty. Listing information © 2019 San Diego MLS Inc. Source: SDMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS, Inc. Licensed in the state of California.
     
    Neuman & Neuman Real Estate Inc.
    516 5th Avenue
    San Diego CA, 92101