Fallbrook, CA 92028,232 S Main AVE
$600,000
$648,747
7.5%
Est.Price: ?

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232 S Main AVE Fallbrook, CA 92028

Est. payment /mo
SOLD DATE : 10/23/2017

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Key Details

Sold Price $600,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SW17182383

Sold Date 10/23/17

HOA Y/N No

Year Built 1951

Property Description

Excellent Investment opportunity in best area of Downtown Fallbrook. High daily traffic count and maximum site exposure from this corner lot. Currently occupied by a restaurant leasing 2 recently renovated suites totaling 2500 sf. 2300 SF is currently available for lease. Property also includes a large sign that could not be duplicated today as it is a grandfathered approval. Property may be purchased with adjoining single family residence which will allow greater possibilities for future expansion. The Merlot Building will offer any investor an opportunity for a high rate of return while owning a key historic location that included a previous railroad stop.

Location

State CA

County San Diego

Area 92028 - Fallbrook

Interior

Fireplace No

Laundry None

Exterior

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Roof Type Other

Building

Lot Description Corner Lot

Story 2

Water Public

Others

Tax ID 1032241300

Acceptable Financing Cash

Listing Terms Cash

Financing Seller Financing

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Kim Carlson • Windermere Homes & Estates
Bought with Roy Moosa • Sun Realty

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Kelly Corsino

Agent | License ID: 01704102

+1(949) 229-0019

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