Pending
Private Address
$2,050,000
$1,846.85 per sqft
Pending
1,110 sqft
Commercial
Built in 1957
Listed by Joda Mize with Coastal Premier Properties 858-755-4663
List price is $50,000 below appraised value. Destination Location - City of Carlsbad's Historical Village and Barrio. Situated three lots away from Carlsbad Village Drive and two blocks from I-5 freeway. High visibility from the street with strong historical tenancy. Current tenant Pollos Maria restaurant has occupied the location for 37 years and has a month to month lease (triple net). The below market rent is an opportunity for growth. The well maintained property and thriving commercial district offers several investment strategy options. The highest and best use is commercial or apartments. Zoning is commercial and lot size is 7143 sqft (.16 acres). Blocks from the beach and a destination spot by locals and tourists. Excellent Parking - Property includes seven parking spaces with access available from the rear, plenty of street parking and large adjacent city parking lot. Affluent Household Incomes - Average Household Income exceeds $160,000 in a 5-mile radius. For more information about the Village and Barrio visit the City of Carlsbad website.
NDP2301479
MLSⓇ ID
February 13, 2023
Listed
March 28, 2024
Updated
Map
Private Address
Interior Features
Total Stories
1
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
7,143 Acres
Lot Features
Level
Other Property Details
Area Name
92008 - Carlsbad
Days on Market
115
Garage
No
Parking Total
0
View
No
County
San Diego
Water Source
Public
Pool
No
Zoning
Commercial restricted
Buyer Agency Compensation
2.25%
Listing History
Date | Event | Price |
|---|---|---|
7/28/2023 | Pending | — |
6/12/2023 | Price Change | $2,050,000 -11% |
5/24/2023 | Active | — |
Listing Contact: 858-755-4663
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/28/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.
Data last updated on 3/28/2024 at 3:27 PM UTC