EXTREMELY RARE OPPORTUNITY to own a fully developed 2.64 acre commercial property in Alpine CA. It is fully leased with staggered expiration dates and a good mix of tenants. It could be perfect for an owner-user with income or pure investment, Cap Rate 6.25%. The property is zone RC (Residential Commercial) and has a 1,246 SF residence on it with 13,529 SF of commercial improvements. These improvements incorporate a 3 unit 5,379 SF office building, 1,350 SF of storage garages consisting of 5 separate units, a 4,800 SF warehouse with interior office improvements, and an additional 2,000 SF warehouse split into two separate units both with interior improvements. In addition, there is a covered work area and fenced storage. There is plenty of parking and potentially room for other land uses. Owner may carry up to $1,000,000. SEE SUPPLEMENT Cooling: Central Forced Air Elec,Central Forced Air Gas

  • MLS# 180067527
  • Style Industrial
  • Sub-Type Lease
  • Status Active
  • Year 2008
  • Days On Site 9
Story(s) 0
Units 12
Zoning RC
Listing Provided By:
Ronald Brookshire  of  The Property Place Inc
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
this listing $2,395,000
238.76%
$707,000 in 91901
this listing 9 on site
0.00%
9 on site in 91901

Location

State CA
County San Diego
City Alpine
Zip Code 91901

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