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Mixed-Use

Owner-User or Value-Add / Goodwill Industries Selling

329 W Grand Ave, Escondido, CA 92025

Listing Price: $1,100,000

Number of Suites
1
Gross SF
4,975
Rentable SF
4,975
Price/Gross SF
$221.11
Lot Size
0.16 acres
Year Built
1973

Investment Overview

Located at the west side of the Historic Downtown District within Escondido's Downtown Specific Plan Area, 329 West Grand Avenue is exceptionally well-located and so much more! It is located adjacent to the Retail Core Area. With gated parking at the rear along the alley and a Walk Score rating of “Walker’s Paradise,” the Specific Plan Area zoning creates exceptionally broad opportunity for a wide variety of potential users...from retail to schools to office and so much more. Also allowed is second floor residential for buyers with an eye on value creation. Parking: Parking requirements for non-residential uses have been waived by the city vis-a-vis the downtown specific plan. Boasting 56 feet of frontage along the bustling West Grand Avenue corridor, the property is perfectly situated for a multitude of businesses. Neither Owner-users nor investors will find a better pedestrian-friendly opportunity in Escondido! Additionally, the property sits within the Escondido Opportunity Zone boundaries, where mega-apartment complexes commanding nearly $3,000 per month have recently been built.

Investment Highlights

  • 4,975 Square Feet of Prime Commercial Space
  • Walking Distance to Abundant Transit
  • Flexible Specific Plan Area Zoning
  • Parking Requirements Waived by City for Any Non-Residential Use

Exclusively Listed By

Mixed-Use

Owner-User or Value-Add / Goodwill Industries Selling

Listing Price: $1,100,000

Number of Suites
1
Gross SF
4,975
Rentable SF
4,975
Price/Gross SF
$221.11
Lot Size
0.16 acres
Year Built
1973

Investment Highlights

  • 4,975 Square Feet of Prime Commercial Space
  • Walking Distance to Abundant Transit
  • Flexible Specific Plan Area Zoning
  • Parking Requirements Waived by City for Any Non-Residential Use

Investment Overview

Located at the west side of the Historic Downtown District within Escondido's Downtown Specific Plan Area, 329 West Grand Avenue is exceptionally well-located and so much more! It is located adjacent to the Retail Core Area. With gated parking at the rear along the alley and a Walk Score rating of “Walker’s Paradise,” the Specific Plan Area zoning creates exceptionally broad opportunity for a wide variety of potential users...from retail to schools to office and so much more. Also allowed is second floor residential for buyers with an eye on value creation. Parking: Parking requirements for non-residential uses have been waived by the city vis-a-vis the downtown specific plan. Boasting 56 feet of frontage along the bustling West Grand Avenue corridor, the property is perfectly situated for a multitude of businesses. Neither Owner-users nor investors will find a better pedestrian-friendly opportunity in Escondido! Additionally, the property sits within the Escondido Opportunity Zone boundaries, where mega-apartment complexes commanding nearly $3,000 per month have recently been built.

Exclusively Listed By

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