3242 Adams Avenue

    San Diego, CA 92116
    • $719,900
    • STATUS: Active
    • ON SITE: 88 days
    • ID#: 190004667
    UPDATED: 66 min ago
    $719,900
    • 0
      BEDS
    • 0.04
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial-Lease
    County:

    School Ratings & Info

    Description

    Fully leased two unit retail/office building on trendy Adams Avenue in Normal Heights. Adams Ave is a village area in San Diego with coffee shops, Breweries, Bars & classy restaurants. A new high-end three story mixed use building is almost finished across Bancroft Street on Adams. Subject building was completely remodeled to perfection in 2014. Beautiful redwood wanes coating, glass office windows, 10 foot open beam ceilings. Two new air conditioner / heater units on the roof. New roof in 2014. Great landscaping. Tenants pay all utilities and maintenance. Owner pays for major repairs & property taxes. 3242 is on a five year lease expiring in April of 2022. 3246 is on a three year lease expiring in June of 2020. Both tenants would love to stay and extend their lease. There is no off street parking Both leases have built in cost of living increases each year. So far the increases have been about 2% Cooling: Central Forced Air Elec,Central Forced Air Gas

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-04-22T13:31:15.293. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.steelecanyonrealty.com/homes/91145398

    3242 Adams Avenue San Diego, CA 92116

    • Price: $719,900
    • Status: Active
    • Updated: 66 min ago
    • ID#: 190004667
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.04
    Acres
    County:
    San Diego
    Property Description
    Fully leased two unit retail/office building on trendy Adams Avenue in Normal Heights. Adams Ave is a village area in San Diego with coffee shops, Breweries, Bars & classy restaurants. A new high-end three story mixed use building is almost finished across Bancroft Street on Adams. Subject building was completely remodeled to perfection in 2014. Beautiful redwood wanes coating, glass office windows, 10 foot open beam ceilings. Two new air conditioner / heater units on the roof. New roof in 2014. Great landscaping. Tenants pay all utilities and maintenance. Owner pays for major repairs & property taxes. 3242 is on a five year lease expiring in April of 2022. 3246 is on a three year lease expiring in June of 2020. Both tenants would love to stay and extend their lease. There is no off street parking Both leases have built in cost of living increases each year. So far the increases have been about 2% Cooling: Central Forced Air Elec,Central Forced Air Gas
    Exterior Features

    Construction Materials FrameStucco Lot Size Units Square Feet Roof Tar/Gravel

    Interior Features

    Heating Forced Air Heating YN Yes

    Property Features

    Country Us Total Monthly Rent 3659

    Listing provided courtesy of David Lewallen of Urbana Realty and Ami Lewallen of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-04-22T13:31:15.293. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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