5053-61 Churchward Street new

San Diego,CA 92113

$ 1650000

- Bed

50 Baths

4575 SqFt


Key Details

Property Type Commercial

Sub Type Commercial-Off/Rtl/Ind

Listing Status Active

Purchase Type For Sale

Square Footage 4,575 sqft

Price per Sqft $360

MLS Listing ID 250001498

Half Baths 100

Lot Size 8,871 Sqft

Lot Dimensions 60x150

Property Description

First time offered in 50 years. Two story high visibility building that is fully rented with solid long term tenants including neighborhood market downstairs along with upstairs independent living facility. Wide range of exciting development opportunities due to very friendly multi-use zoning of CN-1-3 which allows for a myriad of commercial/residential ventures including up to FIVE residential units above/behind existing retail store. Located in the Transit Priority Area, Sustainable Development Area, Business Improvement District and Complete Communities Housing Solutions Area which increases the potential FAR from 1 to 6.5! Parcel being 60ft wide and nearly 9,000 sf. in total allows for complete build out. Also located in Opportunity Zone which may have favorable tax consequences. Tenants pay all utility bills and 65% of property tax. Sweeping southwesterly views from upstairs decking and balcony. Total gross monthly income $7,200.

Location

State CA

County San Diego

Area Logan Heights (92113)

Zoning CN-1-3

Interior

Heating Other/Remarks

Cooling Other

Flooring Slab,Wood

Exterior

Parking Features On Site,Private,Public,Other/Remarks

Roof Type Composition,Other/Remarks

Building

Story 2

Lot Size Range .25 Acres or less

Others

Acceptable Financing Cash,Cash to New Loan,Other/Remarks

Space Rent $86,400

Listing Terms Cash,Cash to New Loan,Other/Remarks

Special Listing Condition Call Agent,Other/Remarks

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