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Key Details
Sold Price $1,000,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SDC0000680SD
Sold Date 08/29/23
HOA Y/N No
Lot Size 8,995 Sqft
Property Description
- WELCOME TO 3540-42 HARRIS STREET - EXCELLENT MIXED-USE INVESTMENT OPPORTUNITY - HIGHLY DESIRABLE AND ACCESSIBLE LOCATION - FOR BOTH RESIDENTIAL AND COMMERCIAL PURPOSES - TWO PROPERTIES TOTALING 3,792 SF - SITUATED ON A 8,700+ SF LOT IN GENERAL & HEAVY COMMERCIAL ZONING - VERSATILE ENVIRONMENT TO MEET DIVERSE BUSINESS REQUIREMENTS - EXCELLENT OPPORTUNITY FOR LIVE-WORK ARRANGEMENTS OR RENTAL INCOME - POTENTIAL FOR REDEVELOPMENT OR EXPANSION PROJECTS - EXCELLENT OPPORTUNITY FOR CUSTOMIZATION AND VALUE ENHANCEMENT - A VARIETY OF NEARBY AMENITIES - CONVENIENT ACCESS TO MAJOR ROUTES AND PUBLIC TRANSPORTATION OPTIONS - FULLY FENCED & GATED 3540-42 Harris Street is an excellent mixed-use investment opportunity situated on a spacious 8,700+ square foot lot, featuring two properties totaling 3,792 square feet. Located in Lemon Grove, CA, this property offers a highly desirable and accessible location for both residential and commercial purposes. The mixed-use establishment consists of a 2-bedroom and 1-bathroom residential property at the front, providing an excellent opportunity for live-work arrangements or rental income, while the flex space at the back caters to a variety of business needs. The property's advantageous zoning permits a wide range of general and heavy commercial activities, making it an appealing choice for entrepreneurs and investors. The spacious industrial office/warehouse at the back accommodates storage, distribution, manufacturing, or other commercial operations, offering a versatile setting to meet diverse business requirements. The presence of a residential property at the front creates an opportunity for rental income, ensuring a steady cash flow and augmenting the property's investment value. Positioned on Harris Street between Broadway and Highway 94, this property enables businesses to easily attract customers and clients. It is surrounded by a plethora of amenities, including shops, restaurants, schools, and recreational facilities, ensuring a convenient and dynamic environment for both residents and employees. The property's proximity to major transportation routes and freeways facilitates seamless commuting and logistics for businesses and residents alike. Given its flexible zoning and mixed-use nature, the property holds the potential for redevelopment or expansion projects, allowing for further customization and value enhancement. Furthermore, the ongoing development across the street will drive substantial traffic to Harris Street. Lemon Grove, as a thriving community, exhibits strong demand for commercial spaces, presenting exceptional investment and growth opportunities.
Location
State CA
County San Diego
Area 91945 - Lemon Grove
Zoning C-G
Interior
Fireplace No
Others
Tax ID 4790510600
Financing Cash
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Bought with Joe Bonin • SVN Vanguard