$60,000 price reduction! There are 4 business spaces all under lease. Bottom level houses 3 businesses; tattoo parlor, barber shop and AA meeting room. All units have bathrooms and have secondary egress capability. Top unit, accessible by stairs from S. Mission Rd or by rear entry off Old Stage. There are total of 26 parking spaces for the whole building and the bar; the Red Eye Saloon, rents additional parking from neighboring businesses. Roof is newer and there were no issues noted during property inspection by previously interested parties. 6.2% cap rate, modified gross leases. Original price was determined by commercial appraisal performed 8 Oct 2017 (available upon request).

  • MLS# SW18073238
  • Style IQWeb_Mixed Use
  • Sub-Type Resale
  • Status Active
  • Year 1976
  • Days On Site 7
SQ Feet 5,457
Story(s) 2
Listing Provided By:
Bob Hillery  of  CR Properties Real Estate Serv
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
this listing $950,000
61.29%
$589,000 in 92028
this listing 5,457 SqFt
128.18%
2,392 SqFt in 92028
this listing $174 $/SqFt
31.86%
$255 $/SqFt in 92028
this listing 7 on site
16.67%
6 on site in 92028

Location

State CA
County San Diego
City Fallbrook
Zip Code 92028
Area 283 - North San Diego County

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