5053 Churchward Street, San Diego, CA 92113 – 250001498SD

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Sean Beattie Jr.

info@seanbeattiejr.com +1(415) 845-8732

$1,525,000

Est. payment - /mo

8,873 Sqft Lot

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Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 250001498SD

HOA Y/N No

Lot Size 8,873 Sqft

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 $7,480.00 First time offered in 50 years. Two story high visibility building that is fully rented with solid long term tenants including neighborhood market downstairs and upstairs independent living facility. Wide range of exciting development opportunities due to friendly multi-use zoning of CN-1-3 allows for a myriad of commercial/residential ventures including up to FIVE residential units above/behind existing storefront. Located in Transit Priority Area, Sustainable Development Area, Business Improvement District and Complete Communities Housing Solutions zones increasing the FAR from 1.0 to 6.5! Also located in Opportunity Zone which may have favorable tax consequences. Tenants pay all utility bills and 65% of property tax. Parcel being 60ft wide and nearly 9,000sf allows for complete build out. Sweeping southwesterly views from upstairs decking and balcony. Total monthly gross income is $7,480

Location

State CA

County San Diego

Area 92113 - Logan Heights

Zoning CN-1-3

Interior

Heating See Remarks

Inclusions , , , ,

Fireplace No

Exterior

Roof Type Composition

Others

Tax ID 54825005

Virtual Tour https://www.propertypanorama.com/instaview/snd/250001498

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Listed by Jim Jollett James Jollett Realty

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Sean Beattie Jr.

+1(415) 845-8732

Agent | CA DRE# 01944311

Agent CA DRE# 01944311

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5053 Churchward Street San Diego, CA 92113

Sean Beattie Jr.

Key Details

Location

Interior

Exterior

Others

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