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$ 1,650,000
Est. payment /mo
Active
5053-61 Churchward Street San Diego, CA 92113
50 Baths
4,575 SqFt
UPDATED:
01/28/2025 05:36 PM
Key Details
Property Type Commercial
Sub Type Commercial-Off/Rtl/Ind
Listing Status Active
Purchase Type For Sale
Square Footage 4,575 sqft
Price per Sqft $360
MLS Listing ID 250001498
Half Baths 100
Lot Size 8,871 Sqft
Lot Dimensions 60x150
Property Description
First time offered in 50 years. Two story high visibility building that is fully rented with solid long term tenants including neighborhood market downstairs along with upstairs independent living facility. Wide range of exciting development opportunities due to very friendly multi-use zoning of CN-1-3 which allows for a myriad of commercial/residential ventures including up to FIVE residential units above/behind existing retail store. Located in the Transit Priority Area, Sustainable Development Area, Business Improvement District and Complete Communities Housing Solutions Area which increases the potential FAR from 1 to 6.5! Parcel being 60ft wide and nearly 9,000 sf. in total allows for complete build out. Also located in Opportunity Zone which may have favorable tax consequences. Tenants pay all utility bills and 65% of property tax. Sweeping southwesterly views from upstairs decking and balcony. Total gross monthly income $7,343.
Location
State CA
County San Diego
Area Logan Heights (92113)
Zoning CN-1-3
Interior
Heating Other/Remarks
Cooling Other
Flooring Slab, Wood
Exterior
Parking Features On Site, Private, Public, Other/Remarks
Roof Type Composition,Other/Remarks
Building
Story 2
Lot Size Range .25 Acres or less
Others
Acceptable Financing Cash, Cash to New Loan, Other/Remarks
Space Rent $88,116
Listing Terms Cash, Cash to New Loan, Other/Remarks
Special Listing Condition Call Agent, Other/Remarks
Listed by Jim Jollett • James Jollett Realty