$1,999,000
Prime retail property located along Broadway in Lemon Grove with strong street presence and high visibility. The property consists of an approximately 8,000 square foot single-tenant storefront situated on a 0.24-acre lot with 54 feet of frontage. Currently income-producing, it offers immediate cash flow with long-term upside potential. The property is zoned VC3 (Village Commercial), which is a major value driver. This zoning allows for higher-density mixed-use development, including the potential for residential units above commercial space and increased building height and intensity (buyer to verify with the City of Lemon Grove). This creates a strong opportunity for future redevelopment into a multi-story project, making it especially attractive to investors and developers. Located in a growing corridor with nearby retail, transit access, and continued development activity, the property benefits from both its current use and future potential. Ideal for investors, developers, or owner-users looking to take advantage of zoning flexibility in a prime infill location.
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Listed by Michael Spirtos with Michael Spirtos (619) 851-8493
Property Type
Commercial Lease
Status
Active
MLS Number
260009894SD
Year Built
N/A