For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $600,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 4,840 sqft
Price per Sqft $123
MLS Listing ID SW17182383
Sold Date 10/23/17
HOA Y/N No
Year Built 1951
Property Description
Excellent Investment opportunity in best area of Downtown Fallbrook. High daily traffic count and maximum site exposure from this corner lot. Currently occupied by a restaurant leasing 2 recently renovated suites totaling 2500 sf. 2300 SF is currently available for lease. Property also includes a large sign that could not be duplicated today as it is a grandfathered approval. Property may be purchased with adjoining single family residence which will allow greater possibilities for future expansion. The Merlot Building will offer any investor an opportunity for a high rate of return while owning a key historic location that included a previous railroad stop.
Location
State CA
County San Diego
Area 92028 - Fallbrook
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Utilities Available ElectricityConnected, SewerConnected, WaterConnected
Roof Type Other
Building
Lot Description CornerLot
Story 2
Water Public
Others
Tax ID 1032241300
Acceptable Financing Cash
Listing Terms Cash
Financing SellerFinancing
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Roy Moosa • Sun Realty
GET MORE INFORMATION