1446 S Mission Road

    Fallbrook, CA 92028
    • $950,000
    • STATUS: Active
    • ON SITE: 112 days
    • ID#: SW18073238
    UPDATED: 45 min ago
    $950,000
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,457
      SQFT
    • $174
      $/SQFT
    Type:
    Commercial
    Built:
    1976
    County:

    School Ratings & Info

    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).

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-22T19:27:26.3. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.themarellygroup.com/homes/82171640

    1446 S Mission Road Fallbrook, CA 92028

    • Price: $950,000
    • Status: Active
    • Updated: 45 min ago
    • ID#: SW18073238
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    5,457
    SQFT
    $174
    $/SQFT
    1976
    Built
    Neighborhood:
    283 - North San Diego County
    County:
    San Diego
    Area:
    283 - North San Diego County
    Property 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).
    Exterior Features

    Construction Materials BlockDrywall WallsFrameStucco Fence YN Yes Fencing Chain LinkPartial Lot Features Lot 10000-19999 SqftLot Shape-IrregularNo LandscapingUp Slope From StreetZero Lot Line Lot Size Source Assessor Lot Size Units Square Feet Parking Total 26.00 Roof CompositionFlatRolled/Hot Mop

    Interior Features

    Condo Area Units Square Feet Cooling Wall Window Cooling YN Yes Laundry Features None

    Property Features

    Accounting Type Actual Additional Parcels YN No Asset Class RetailSpecialty Building Area Units Square Feet Building Status Existing Business Type Bar/Tavern/LoungeBarber/BeautyProfessional Service Cap Rate 6.20 Country Us Current Use Comments BarTatoo ParlorBarber ShopMeeting Room Electric Electricity - On Property Gross Scheduled Income 61800.00 Industrial Square Footage 0 Investment Property YN Yes Land Use OfficeOtherRetail Laundry YN No Leasable Area Units Square Feet Lease Considered YN No Max Total Area Units Square Feet Min Total Area Units Square Feet Number Of Units Leased 4 Occupancy Occupied Property Sub Type Mixed Use Residential Square Footage 0 Security Features Closed Circuit Tv Special Listing Conditions Standard Tax Annual Amount 7379.06 Tax Year 2017 Total Monthly Rent 5083 Utilities Sewer ConnectedWater Connected Water Source Public

    Listing provided courtesy of Bob Hillery of Cr Properties Real Estate Serv.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-22T19:27:26.3. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
    The Marelly Group | Compass
    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003