2358 Tavern

    Alpine, CA 91901
    • $2,395,000
    • STATUS: SOLD
    • ON SITE: 101 days
    • ID#: 190047536
    Sold - 11/25/2019
    $2,395,000
    SOLD - 11/25/2019
    • 0
      BEDS
    • 2.64
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 14,775
      SQFT
    • $162
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2008
    County:

    School Ratings & Info

    Description

    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

    Monthly Payment Calculator

    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS, Inc. Licensed in the state of California.
    www.forsalesandiego.com/homes/98330716

    2358 Tavern Alpine, CA 91901

    • Price: $2,395,000
    • Status: SOLD
    • Updated: 83 min ago
    • ID#: 190047536
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.64
    Acres
    14,775
    SQFT
    $162
    $/SQFT
    2008
    Built
    Neighborhood:
    Alpine (91901)
    County:
    San Diego
    Area:
    Alpine (91901)
    Property Description
    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
    Exterior Features

    Construction SteelStucco Location Free Standing Parking On SitePrivate

    Interior Features

    Cooling Central Forced Air ElecCentral Forced Air Gas Floors Slab Heating Central Forced Air ElecCentral Forced Air Gas Sprinkler Y Sq Ft Of Improvement 14775 Stories 1 Story

    Property Features

    Actual Cap Rate 6.25 Actual Gross Scheduled Income 193800 Actual Operating Expense 0 Assumable Finance 0 Buildings 4 Commercial Property Type Office Sale Financial Information Source Owner Mandatory Remarks None Known Market Area Inland East Motive Want Cash Out Occupancy Percent 100 Overall Percent Vacant 0 Property Type Mixed UsageOffice Sale Includes BuildingLandLeases Sales Restrictions N/K Short Sale No Sq Ft Source Buyer To VerifyOwnerPlans Terms CashCash To New LoanExchange DownExchange UpOwner May Carry 1st Zoning Rc

    Listing provided courtesy of The Property Place Inc. Listing information © 2019 San Diego MLS Inc. Source: SDMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS, Inc. Licensed in the state of California.
     
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