$1,530,000
$2,150,000
28.8%For more information regarding the value of a property, please contact us for a free consultation.
0.69 Acres Lot
SOLD DATE : 08/16/2022
Key Details
Sold Price $1,530,000
Property Type Commercial
Sub Type Commercial-Off/Rtl/Ind
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 210031483
Sold Date 08/16/22
Lot Size 0.691 Acres
Property Description
The subject property has two different establishments onsite. One is a bar with a Type 48 ABC license (liquor only!) that you can take over and operate the business yourself, or rent it out to another tenant. The other is a drive thru restaurant called Wings & Mex and they are paying a monthly base rent for a couple years. This is a VERY unique opportunity to operate a bar AND own the real estate, while collecting rent from the drive thru. Or just rent it all out and collect a great rate of return or cap rate. There is also tremendous upside potential in the development of the property since it sits on approx 30,108 sqft of land. The two parcels of land are: 388-552-17-00 and 388-552-18-00 Please do not disturb the tenants.
Location
State CA
County San Diego
Area Lakeside (92040)
Building
Lot Size Range .5 through .75 Acres
Others
Financing Cash to New Loan
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Bought with Seth Pite • Tony Franco Realty, Inc.