MLS® ID: 190004667

3242 Adams Avenue

San Diego, California, 92116

$719,900 Active
  • - SQFT
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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Listing courtesy of Urbana Realty

Amenities

  • Zip
    92116
  • Office name
    Urbana Realty
  • SQFT
    0
  • Year built
    0
  • Heating
    Forced Air
  • Agent name
    David Lewallen
  • Purchase Type
    Active

Location

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