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Key Details
Sold Price $3,000,000
Property Type Commercial
Sub Type Com-Lnd/Rn/Grv
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 230005251
Sold Date 09/07/23
HOA Fees $12,647,400
HOA Y/N Yes
Lot Dimensions 100x150
Property Description
MAJOR PRICE REDUCTION OF $500,000! From $4,300,000 to $3,800,000!!! This is a once in a lifetime opportunity to purchase three commercial parcels on a signalized corner in Point Loma. This property has not been for sale in over one hundred years. The property currently has a lease until January 31, 2024. This lease enables a developer to generate cash flow while getting building entitlements. The property has three accessor parcel numbers: 531-352-03-00, 531-352-15-00, 531-352-02-00, totaling 14,810 SqFt of land. The building size is approximately 4,500 SqFt. The property has 14 parking spaces, and is located on the signalized corner of Shelter Island Drive and Scott Street. PLEASE DO NOT DISTURB THE TENANT!
Location
State CA
County San Diego
Area Point Loma (92106)
Others
Monthly Total Fees $1
Financing Cash to New Loan
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Bought with Steven E Cairncross • Berkshire Hathaway HomeService
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "