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Alexander Pfleger
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P: 858.483.4687
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562 W Grand
Escondido, California CA 92025
Price: $2,500,000
ACTIVE Status, Bedrooms, Full Baths
3,686 SqFt
Listing ID # 190019797

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.

Primary Features

Market Area: North County
Location: Corner, Free Standing, Strip Center
Short Sale: no
Number of Units: 1
Construction: Frame, Glass, Stucco
Parking: On Site, Private, Public, Street
Sale Includes: Building, Land, Other/Remarks
Building Amenities: Recently remodeled, nice restrooms and executive suites
Cooling: Central Forced Air Elec

Interior Features

Floors: Slab
Ground Level Doors: Yes
SqFt per Floor 1: 3686
Stories: 1 Story

External Features

Alley Access: yes
Entry Only: no
Roof: Composition

Location Information

Zip/Area: ESCONDIDO (92025)
Zoning: Retail

Financial Details

Actual Gross Scheduled Income: 71544
Actual Operating Expense: 2500
Assessors Parcel Number: 229-401-14-00
Lease Expires (1): 2023
LP/SqFt: 678.24
Monthly Rent (1): 5962
Price per SqFt of Improvement: 678.24
Sale/Rent: For Sale
Terms: Cash, FHA, VA

Additional

Association ID: San Diego Association of REALTORS (SDAR)
Commercial Property Type: Office Lease, Retail Lease
Neighboring Business Type (1): Retail and Restaurants
Number of Stories: 1
Sales Restrictions: N/K
Special: Sellers Are RE Licensees
SqFt Source: Tax Record

Zoning Info


Listing courtesy of Brush R.E. & Financial Srvcs
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) services provided by SDMLS and CRMLS. 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. © 2019 San Diego Multiple Listing Service, Inc. © 2019 California Regional Multiple Listing Service. Data updated on Sunday, October 13th, 2019 04:37:39 PM.

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Office: 858-483-4687 | Cell: 619-339-7334 | Email: [email protected] | CA BRE #01043581 | NMLS# 373603

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The Fair Housing Act prohibits discrimination in housing based on color, race, religion, national origin, sex, familial status, or disability.

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.

Information Deemed Reliable But Not Guaranteed. The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable.

Last Updated: 2019-05-20

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