140 W 136-38-40 - Office/Residential FOR SALE


Escondido, CA 92025
$2,000,000 USD
760-500-4771
140 W 136-38-40, Escondido, CA for Sale
$2,000,000 USD
Office/Residential - FOR SALE
1/67
null | Request Cap Rate

140 W 136-38-40
Escondido, CA 92025


HIGHLIGHTS

  • 3 Buildings, including Historic Churchill House (Office Building), Residence/Carriage House (Not Historic), & Front Building
  • Under Mills Act Since 2008
  • Mixed Use - Escondido Downtown Specific Plan: Southern Gateway District
  • Approx. 1/3 Acre & Fully Fenced with Gates in Front and Back of Property
  • Churchill House (historic) Dates Back as far as 1896 - Fully Renovated in 2006
  • Large Paving Stone Lot in Back for Parking or Other Uses; Large Lawn & Mature Trees

OVERVIEW

Incredible opportunity to own a beautiful historic property in the heart of Downtown Escondido under the Mills Act, known as the Churchill House estate. Possibly dating back as far as 1896 and completely restored in 2006, this fully fenced property - with 3 separate buildings, a large lawn, mature trees, and an expansive paving stone lot - would be an excellent choice for an owner-user or investor. In the Southern Gateway District within the Escondido Downtown Specific Plan. Set on 0.32 acres, this property consists of the historic main "house", which is currently an approx. 2,500 SF office building with a kitchenette, meeting rooms, significant office space, and 2 bathrooms. The lower level includes many charming historic details like original hardwood floors and pocket doors, built-ins, beamed ceilings, & a beautiful fireplace with brick surround. The second level has been converted primarily into office space consistent with the historic qualities of the property. The renovated back building/residence (not historic) is approximately 1,500 square feet & suitable for living with a full kitchen upstairs and bathrooms. There third building in the front is approximately 180 square feet and was originally a barn. A short stroll to Grand Avenue and close to historic Downtown Escondido, Daley Ranch, multiple freeways, wineries, & the San Diego Zoo Safari Park.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$460 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Churchill House Property-3 Buildings

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Loft/Creative Space, Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1896

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

SP, Southern Gateway

APN/PARCEL ID

233-072-11

ASK ABOUT THIS PROPERTY

Lindsay HerrellCompassMore Info
760-500-4771

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Lindsay HerrellCompassMore Info
760-500-4771

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.