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Lemon Grove, CA 91945

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$1,590,000

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  • Commercial Lease
  • MLS# 220023015SD
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Views: 27 Days On Market: 84

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Property Details

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This is truly a unique opportunity for upside potential. Mixed use property with ground floor retail/office space, loading dock with ramp, large off street parking lot with space for large delivery trucks, alley access, two residential apartments above the office space and owned parking spaces on Broadway with 1 designated handicap spot for exclusive use AND a thriving printing business with equipment and inventory. The changing local building codes include an economic strategy to create an Alive after 5 atmosphere. Potential for redevelopment of this lot to multiple floors and underground parking.

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Neighborhood

91945 (Lemon Grove) Demographics

36 Median Age
6,861 Population Density (per sq. mile)
28% College Educated
$67,236 Estimated Median Income
4,524 Estimated Total Home Owners
4,135 Estimated Total Renters
52% / 48% Estimated Owner / Renter Divide
3 Estimated Average Household Size
26,923 Total Population
Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$655,000 Median Sales Price
14 Homes Sold
16 New On Market

Average Days on Market

    Properties for Sale

      Calculations provided by Reliance Network

      Property History

      Date Event Price Percent Change
      -- Current Price Source: Multiple Listing Service New Value: $1,590,000
      9/7/2022 2:48:00 PM New in Database Source: Multiple Listing Service New Value: $1,590,000

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      ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
      Based on information from California Regional Multiple Listing Service, Inc. as of 11/30/2022 10:35:32 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

      Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.