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


Escondido, CA 92025- Central Escondido
$1,900,000 USD
619-933-0050
140 W 136-38-40, Escondido, CA for Sale
$1,900,000 USD
Office/Residential - FOR SALE
1/67
null | Request Cap Rate

140 W 136-38-40
Escondido, CA 92025
Central Escondido


HIGHLIGHTS

  • 3 Buildings, including Historic Churchill House (Office Building), Fully Livable Residence/Carriage House (Not Historic), & Front Building
  • Under Mills Act (Lower Property Taxes)
  • 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 Approx. 2006/2007
  • Large Paving Stone Lot in Back for Parking or Other Uses; Large Lawn & Mature Trees

OVERVIEW

Live where you operate your practice or business! Incredible mixed use office/professional AND residential opportunity in the heart of Downtown Escondido with a beautiful historic property under the Mills Act (for lower property taxes). Office building AND a fully livable home on site! Known as the Churchill House estate, the fully fenced property - set on .32 acres - includes 3 separate buildings, a large lawn, mature trees, and an expansive paving stone lot (accessed by a remote-controlled gate) for parking or gathering space. An excellent choice for an owner-user or investor. In the Southern Gateway District within the Escondido Downtown Specific Plan. The historic main "house" (possibly dating back as far as 1896 and completely restored approx. 2006/2007) is currently an approx. 2,650 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. Residential potential on the second floor of the historic main house/office building. The renovated back home/residence (not historic) is approximately 1,300 square feet & fully suitable for living with a full kitchen upstairs and bathrooms. The third building in the front is approximately 180 square feet and is perfect for additional office, meeting, or storage space. 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

$1,900,000 USD

PRICE/SF

$437 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Office & Residential! Churchill House

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Loft/Creative Space, Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

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

Mark MarquezCompass CommercialMore Info
619-933-0050

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Mark MarquezCompass CommercialMore Info
619-933-0050

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