2337 Camino Del Rio S, San Diego, 92108

NEWCommercial - Commercial-Off/Rtl/Ind For Sale

$1,800,000

Beds
4Baths
Sqft
1.07Acres
1952Built
MLS® #: 200004765
ACTIVE

Please read all of these remarks. Great 5.5 Cap rate potential with 2.5% annual increase. Leased long term to existing business operator plus cell site lease in negotiation ($2,000 per month). This offering is for the real estate only. It DOES NOT include the business. 2 fully licensed Residential Care Facilities on 1 acre with views in Mission Valley. Tenant pays everything but taxes and insurance. Built as a 2 on 1, it has multiple zoning use possibilities. Potential for later development. Operator has lease for 5 years and wants to execute longer lease. Do not go on property without an appointment. Elderly patients on property. Pull into elevated parking lot on right to see it. Interior viewing appointment with accepted offer.This is a great exchange or passive investment! You get a fixed check each month! 5.5% cap with AMAZING future potential for a larger development. Buyer to negotiate and accept responsibility for cell lease.

Essential Information

MLS® #: 200004765
Price: $1,800,000
Bathrooms: 4.00
Acres: 1.07
Year Built: 1952
Type: Commercial
Sub-Type: Commercial-Off/Rtl/Ind
Status: ACTIVE

Community Information

Address: 2337 Camino Del Rio S
Area: MISSION VALLEY (92108)
City: San Diego
County: San Diego
State: CA
Zip Code: 92108

Amenities

Parking: On Site, Private

Interior

Heating: Central Forced Air Gas, Wall
# of Stories: 1
Stories: 1 Story

Exterior

Construction: Frame, Stucco

Additional Information

Date Listed: January 29th, 2020
Zoning: R-1:SINGLE

Listing Details

Listing Office: Sea Cliff Real Estate

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 © 2020 San Diego MLS®, Inc.

Listing information last updated on February 17th, 2020 at 3:01pm PST.

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 © 2020 San Diego MLS®, Inc.

Listing information last updated on February 17th, 2020 at 3:01pm PST.