562 W Grand

    Escondido, CA 92025
    • $2,500,000
    • STATUS: ACTIVE
    • ON SITE: 187 days
    • ID#: 190019797
    UPDATED: 23 min ago
    $2,500,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Incredible business/development opportunity. This is a preliminary Approved multi use project for 25 residential/commercial units located in the heart of the redevelopment zone in Escondido's West Grand corridor. The sale includes the vacant lot to the East (existing building 562 & the lot immediately to the East 540 W Grand) and the existing office/retail building on the corner of Quince and Grand. The current tenant has a ____ term lease that will allow an offset of some expenses as you complete the final permitting project.

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    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/93660048

    562 W Grand Escondido, CA 92025

    • Price: $2,500,000
    • Status: ACTIVE
    • Updated: 23 min ago
    • ID#: 190019797
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Escondido (92025)
    County:
    San Diego
    Area:
    Escondido (92025)
    Property Description
    Incredible business/development opportunity. This is a preliminary Approved multi use project for 25 residential/commercial units located in the heart of the redevelopment zone in Escondido's West Grand corridor. The sale includes the vacant lot to the East (existing building 562 & the lot immediately to the East 540 W Grand) and the existing office/retail building on the corner of Quince and Grand. The current tenant has a ____ term lease that will allow an offset of some expenses as you complete the final permitting project.
    Exterior Features

    Alley Access Yes Construction FrameGlassStucco Ground Level Doors Yes Location CornerFree StandingStrip Center Neighboring Business Type1 Retail And Restaurants Parking On SitePrivatePublicStreet Roof Composition

    Interior Features

    Cooling Central Forced Air Elec Estimated Square Feet 3686 Floors Slab Sq Ft Per Floor1 3686 Stories 1 Story

    Property Features

    Actual Gross Scheduled Income 71544 Actual Operating Expense 2500 Assumable Finance 0 Building Amenities Recently RemodeledNice Restrooms And Executive Suites Commercial Property Type Office LeaseRetail Lease Lease Expires1 2023 Mandatory Remarks None Known Market Area North County Monthly Rent1 5962 Motive Want Future 1031 Exchange Property Type Mixed UsageOfficeRetailWarehouse Sale Includes BuildingLandOther/Remarks Sales Restrictions N/K Short Sale No Special Sellers Are Re Licensees Sq Ft Source Tax Record Terms CashFhaVa Zoning Retail

    Listing provided courtesy of Brush R.E. & Financial Srvcs. 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