1446 S Mission Road
Fallbrook, CA 92028

Description

$60,000 price reduction! There are 4 business spaces all under lease. Bottom level houses 3 businesses; tattoo parlor, barber shop and AA meeting room. All units have bathrooms and have secondary egress capability. Top unit, accessible by stairs from S. Mission Rd or by rear entry off Old Stage. There are total of 26 parking spaces for the whole building and the bar; the Red Eye Saloon, rents additional parking from neighboring businesses. Roof is newer and there were no issues noted during property inspection by previously interested parties. 6.2% cap rate, modified gross leases. Original price was determined by commercial appraisal performed 8 Oct 2017 (available upon request).

Details

MLS#SW18073238
StyleIQWeb_Mixed Use
Sub-TypeResale
StatusActive
Year1976
Days On Site14

Features

SQ Feet5,457
Story(s)2

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Area Information

StateCA
CountySan Diego
CityFallbrook
Zip Code92028
Area283 - North San Diego County
Listing VS Median (in 92028)
Price:
$950,000
low | high
Med:
$585,000
88.421052631579% of Average
SqFt:
5,457
low | high
Med:
2,448
100% of Average
$ / SqFt:
$174
low | high
Med:
$239
12.730263157895% of Average
On Site:
14
low | high
Med:
14
100% of Average
Listing Updated: 03/25/2019
MLS Number: SW18073238
Listing Provided By:
Bob Hillery  of  CR Properties Real Estate Serv
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