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$ 1,525,000
Est. payment /mo
Active
5053-61 Churchward Street San Diego, CA 92113
1 Bath
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial-Off/Rtl/Ind
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250001498
Lot Dimensions 60x150
Property Sub-Type Commercial-Off/Rtl/Ind
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 $7,343.
Location
State CA
County San Diego
Area Metro Central
Zoning CN-1-3
Direction Near corner of Euclid & Imperial
Interior
Heating Other/Remarks
Cooling Other
Flooring Slab, Wood
Fireplace No
Exterior
Parking Features On Site, Other/Remarks, Private, Public
View Y/N No
Roof Type Composition,Other/Remarks
Building
Lot Description Free Standing, Remarks
Story 2
Others
Tax ID 548-250-05
Special Listing Condition Call Agent, Other/Remarks
Virtual Tour https://www.propertypanorama.com/instaview/snd/250001498
Listed by Jim Jollett James Jollett Realty