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$ 2,800,000
Est. payment | /mo
$ 2,800,000
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250043199SD
HOA Y/N No
Property Description
The mixed-use office and retail property that is for sale is located at 4116-20 W Point Loma Blvd, San Diego, CA 92110. This is an amazing opportunity for a doctor to purchase this property and to patiently wait until the Pt Loma Sports Medicine's lease expires in January 2027. At this point, a doctor would be able to take advantage of the intrinsic value that has been created at this location since the early 80s. The Seller would even be willing to provide financing to a qualified buyer with the following terms: 20% Down Payment, 3-5 Year Loan, Interest Only, and with an 8% Interest Rate (subject to Buyer's credit worthiness). Alternatively, a medical practice could potentially obtain SBA Financing. A developer has an opportunity to collect rent for a couple of years while obtaining plans to redevelop the property into a mixed-use project. The property is located just blocks from Pechanga Arena. An investor has the opportunity to re-position the lease agreements as they are set to expire over the next 2 years.
Location
State CA
County San Diego
Area 92110 - Old Town Sd
Interior
Inclusions , ,
Fireplace No
Listed by Tony Franco Tony Franco Realty, Inc.
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Valerie Condon
Partner | Lic# 00680245