3242-3246 Adams Avenue, San Diego, 92116

Commercial - Commercial-Off/Rtl/Ind For Sale

$719,900

Beds
1Bath
Sqft
.04Acres
Built
53DOM
MLS® #: 190004667
ACTIVE, 53 Days on Market

Fully leased two unit retail/office building on trendy Adams Avenue in Normal Heights. Adams Ave is a village area in San Diego with coffee shops, Breweries, Bars & classy restaurants. A new high-end three story mixed use building is almost finished across Bancroft Street on Adams. Subject building was completely remodeled to perfection in 2014. Beautiful redwood wanes coating, glass office windows, 10 foot open beam ceilings. Two new air conditioner / heater units on the roof. New roof in 2014. Great landscaping. Tenants pay all utilities and maintenance. Owner pays for major repairs & property taxes. 3242 is on a five year lease expiring in April of 2022. 3246 is on a three year lease expiring in June of 2020. Both tenants would love to stay and extend their lease. There is no off street parking Both leases have built in cost of living increases each year. So far the increases have been about 2%

Essential Information

MLS® #: 190004667
Price: $719,900
Bathrooms: 1.00
Acres: 0.04
Type: Commercial
Sub-Type: Commercial-Off/Rtl/Ind
Status: ACTIVE

Community Information

Address: 3242-3246 Adams Avenue
Area: NORMAL HEIGHTS (92116)
City: San Diego
County: San Diego
State: CA
Zip Code: 92116

Amenities

Amenities: 2 units 42 Beauty spa & 46 Permanent Make up artist.
Parking: Metered

Interior

Heating: Central Forced Air Gas
Cooling: Central Forced Air Elec, Central Forced Air Gas
# of Stories: 1

Exterior

Roof: Tar & Gravel
Construction: Frame, Stucco

Additional Information

Date Listed: January 23rd, 2019
Days on Market: 53

Listing Details

Listing Office: Urbana Realty

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.

Listing information last updated on March 23rd, 2019 at 1:16pm PDT.

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.

Listing information last updated on March 23rd, 2019 at 1:16pm PDT.