Commercial: MLS #NDP2305966 Encinitas, CA $ 5,500,000
Commercial: MLS #NDP2305966
$ 5,500,000
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Commercial: MLS #NDP2305966

Encinitas, CA, 92024
$ 5,500,000
Baths0.0 Sq 7,579

Monthly Estimate*

$ 36,555

Listed by Coldwell Banker West
MLS #/Web ID: NDP2305966 - Image 1
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View a Virtual Tour
Studio

Commercial Property for sale in Encinitas, CA

for $5,500,000. This 7,579 square foot building was built in 1998.

Located in the heart of Encinitas, California, a rare business opportunity awaits on busy Encinitas Blvd. For the first time in more than 25 years, an exceptional property is now available for sale, offering endless possibilities to savvy investors and entrepreneurs alike. Boasting a generous 7577 square feet of space on a prime 23,766 square foot parcel, this property presents an unparalleled opportunity to secure a solid foundation for any business. Currently operating as a flourishing child care and educational facility with thoughtfully designed outdoor play areas, the building stands testament to its success and excellent upkeep. The property's pristine condition eliminates the needs for extensive renovations or refurbishments. Its presence in an affluent area of North San Diego County only adds to its allure. What truly sets this site apart, however, is its strategic location with exceptional drive-by traffic, witnessing a daily count of more than 22,000 cars. This enviable exposure not only guarantees a steady stream of potential customers but also opens doors to a myriad of creative business opportunities. Current lease expires in approximately 2.5 years with a 5 year option on this NNN lease . Sale price is at a 4.5 CAP rate. Whether it be a boutique retail outlet, a high-end restaurant, or a wellness center, the property provides a blank canvas for an investor/user to create something truly unique.

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Commercial Active

Price

$ 5,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Office

Year Built

1998

Town/City

Encinitas

County/Region

San Diego

MLS | Web ID

NDP2305966

Days on Market

298

Features
General
Zoning Commercial
HOA 0.0
Year Built 1998
Property SubType Office
County San Diego
Net Operating Income 247458.0
Operating Expense 0.0
Insurance Expense 0.0
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions From I-5 take Encinitas Blvd exit heading east. Property is near corner of Encinitas Blvd and Rancho Santa Fe Rd/Manchester Ave across from Harvest Ranch Market. Or from I-5 take Manchester Ave exi
City Encinitas
View Y/N N
Senior Community Y/N N
Total Units 2
MLS Area 92024 - Encinitas
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 2
Listing Terms Cash Conventional
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Trash Expense 0.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2305966
Days on Market 147
Standard Status Active
Year Built Source Assessor
Property Sub Type Additional Office
Cap Rate 4.49
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Exterior
Lot Features Level
Water Source Public
Total Parking 0.0
Lot Size Area 23766.0
Number of Buildings 2
Spa N
Building Area Total 7579.0
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Entry Level 1
Electric On Property Y/N N
Total Baths 0
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* Excluded Features
List By
Coldwell Banker West

Broker

(760) 518-4900

Phone

Affordability Calculator

$36,555
Per Month
100%
0%
0%
Monthly Principal & Interest
$36,555
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/1/2023$5,500,000 Listed Price

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