41920 6th St - Storefront FOR SALE


Temecula, CA 92590
$3,700,000 USD
951-237-7866
41920 6th St, Temecula, CA for Sale
$3,700,000 USD
Storefront - FOR SALE
1/10
null | Request Cap Rate

41920 6th St
Temecula, CA 92590


OVERVIEW

OLD TOWN TEMECULA - INVESTORS, DEVELOPERS - Multiple Opportunities here to own and or develop this Commercial Retail Property. 6 Legal Lots- 21,000sf Footprint, Existing Retail Building- 41910/41920 6th Street - 14,000sf. Across the street from the Farmer's Market and City Parking Lot. 4 Story Height Limit. Property is suitable for remaining as existing Retail/ Office, or to be developed as a boutique Hotel, Luxury Hotel, Mixed Use Center, New Retail, New Office, or Affordable Housing Complex. Several Conceptual Plans have been done. Owners are also amenable to a Joint Venture or Equity Partner. New Retail month to month tenants will provide interim cash flow during entitlement process. 2nd floor is not fully complete. Incredible upside to finish 2nd floor as Office and add 6,000sf of Leaseable space/ Push up Monthly Income and Cap Rate. Contact City of Temecula Planning and/or Listing Agent for more information. 4 Lots and building next door to the West are also available separately.

FOR SALE DETAILS

PRICE

$3,700,000 USD

PRICE/SF

$243 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

C2

APN/PARCEL ID

922-024-027

ASK ABOUT THIS PROPERTY

Craig WaySeaway Properties Real Estate, Inc.More Info
951-237-7866

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Craig WaySeaway Properties Real Estate, Inc.More Info
951-237-7866

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