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Listed by Judy E Preston • JP Equity Real Estate Corp
$3,550,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 8P-2605840
Year Built 1959
Property Sub-Type Retail
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Rarely does a retail center of this standing surface after more than 25 years of single ownership, a testament to the asset's enduring performance and the loyalty it commands in its trade area. Now under new stewardship, the property could bring fresh vision to a proven foundation, with Commercial Zoning unlocking a meaningful runway for value-add improvements, repositioning, and expanded uses. Strong current tenant businesses provide a steady cash flow and the breathing room to plan thoughtfully, moving forward when the time is right. The timing could not be more compelling: new residential projects currently under consideration are poised to reshape the surrounding market, bringing increased population and purchasing power that would directly benefit a fully optimized retail center. For the investor who recognizes a generational opportunity, this is one.
Location
State CA
County San Diego
Area 92082 - Valley Center
Zoning C-36 General Commercial
Interior
Inclusions 11460sf, Retail/Office, Standalone Building on 2.27 Acres, Two Parcels 98, 880 Sf.
Exterior
Utilities Available Electricity Connected
Building
Lot Description Landscaped, Level
Others
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900