Listed by Lee & Associates San Diego - Carlsbad
$1,625,000
136-140 W 3rd Avenue
Details
APN 233-072-11-00
Property Type Office, Mixed Use
Sub Type Traditional Office, Historic Site
Square Footage 4,350
Tenancy Single
Pro-Forma Cap Rate 3.60%
Pro-Forma NOI $114,000
Buildings 3
Lot Size (SqFt) 14,300
Zoning Downtown Specific Plan - SG (Southern Gateway District)
Parking Spaces 10 spaces
Parking Per SqFt 2.30
Investment Type Owner/User
136-140 W 3rd Avenue, Escondido, CA 92025
Marketing description
Located in the heart of Downtown Escondido, W 3rd Street offers exceptional visibility and walkability along one of North County's most active mixed-use corridors. The property benefits from close proximity to Grand Avenue's restaurants, retail, and entertainment, with convenient access to North County Sprinter Rail transit station, and major thoroughfares including SR-78 and I-15 freeways.
Investment highlights
- ±4,350 SF Improvement on a ±14,300 SF Lot
- Residential & Office Historic Site
- Owner/User or Investment
- Reduced Price: $1,625,000
- Potential Residential Income: $3,000 Monthly (from 138 W 3rd Ave.)
- Potential Site Income: $9,500 Monthly (Pro Forma Return 3.6%)
- 10 Parking Spaces
- Fenced Secured Area ±2,622 SF. 54.5' long.
- Zoning Allows: Residential, Office and Medical Uses allowed. Schools, churches, daycare and wedding venue with CUP.
- Located in Downtown Escondido with exceptional visibility and walkability
- Close proximity to Grand Avenue's restaurants, retail, and entertainment
- Convenient access to North County Sprinter Rail transit station, SR-78 and I-15 freeways
Listing Contacts
Listed by Lee & Associates San Diego - Carlsbad
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
