Address Undisclosed, Carlsbad, CA 92008 - Berkshire Hathaway HomeServices California Properties
Phone949-212-2023
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Listing Agent


Joda Mize | joda@jodamize.com
Lic#: 01356689
Broker: Courtesy of Coastal Premier Properties

Co Listing Agent


Tom Tucker | tuckerteam@gmail.com
Lic#: 00450629
Broker: Courtesy of Coastal Premier Properties

Agent Remarks

List price is $50,000 below appraised value. Destination Location - City of Carlsbad’s Historical Village and Barrio. Situated three lots away from Carlsbad Village Drive and two blocks from I-5 freeway. High visibility from the street with strong historical tenancy. Current tenant Pollos Maria restaurant has occupied the location for 37 years and has a month to month lease (triple net). The below market rent is an opportunity for growth. The well maintained property and thriving commercial district offers several investment strategy options. The highest and best use is commercial or apartments. Zoning is commercial and lot size is 7143 sqft (.16 acres). Blocks from the beach and a destination spot by locals and tourists. Excellent Parking - Property includes seven parking spaces with access available from the rear, plenty of street parking and large adjacent city parking lot. Affluent Household Incomes - Average Household Income exceeds $160,000 in a 5-mile radius. For more information about the Village and Barrio visit the City of Carlsbad website.

Listing Details

Property type: Retail (Commercial)
Status: Pending
MLS# NDP2301479
List price is $2,050,000 Reduced by $245,000 on 6/12/2023
Price: $2,050,000
HOA Fee is $0.00
Built in 1957
County: San Diego
Zoning: Commercial restricted
Lot description: Level
MLS area: 92008 - Carlsbad

Last Updated: 10/21/2024

 Days On Market (DOM): 115

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This listing belongs to the 92008 - Carlsbad MLS area

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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