705 E Ohio Ave - Medical FOR SALE


Escondido, CA 92025
$1,333,220 USD
760-208-8798
705 E Ohio Ave, Escondido, CA for Sale
$1,333,220 USD
Medical - FOR SALE
1/18
null | Request Cap Rate

705 E Ohio Ave
Escondido, CA 92025


HIGHLIGHTS

  • Stand-Alone Medical Office Building
  • Landscaped Property - Mature Trees - Water Feature
  • Frontage & Signage
  • Dedicated Private Parking Lot
  • Medical Infrastructure Currently In-Place - 4 Plumbed Exam Rooms
  • 2 Restrooms

OVERVIEW

Stand-Alone Medical Office Building – Owner-Occupant Opportunity + Urban West Ventures, as exclusive listing broker, is pleased to present to medical professionals the opportunity to acquire an Owner-Occupant Medical Office Building in the Heart of Escondido’s medical district and adjacent to the newly constructed Palomar Heights 510-home, 13.8-acre urban infill development. 705 E Ohio Avenue, Escondido, CA 92025 (the “Property”), is a 2,492 Sq Ft single-story, stand-alone medical office building with an efficient medical practice floorplan consisting of 4 plumbed exam rooms, a procedure room, waiting room & reception area as well as a conference room, MD office, 2 additional offices/consult rooms, 2 restrooms and a break room/kitchen. The 11,406 Sq Ft (0.26 Acre) corner lot is beautifully landscaped with lawn, mature trees & water feature and offers a dedicated parking lot consisting of 14 surface spaces. The Property is surrounded by plentiful street parking, offers convenient walking access to multiple Breeze bus transit stops & is 1.2 miles to the Escondido Transit Station. + Advantageously located between W Valley Parkway and W Grand Avenue, the Property provides excellent accessibility (only 3.6 miles) from/to Palomar Medical Center, the only designated trauma center in northern San Diego County, consisting of 288 single-patient rooms, 44 emergency & trauma rooms and 11 operating rooms. Additionally, the Property provides convenient access to all of North County San Diego, Central San Diego and the Inland Empire (Riverside County) with a short 1.8-mile drive to Interstate-15. The CA-78 Freeway is only 2.2 miles from the Property and provides direct access to Coastal North County SD consisting of Camp Pendleton, Oceanside, Carlsbad, La Costa and Encinitas. + Surrounded by an abundance of medical practices, professional & service-oriented businesses, and a plethora of existing multi-family residential developments the Property is well-positioned to take advantage of the future growth & development of Escondido. As of JAN 2025, 19 active residential development projects were ‘in process’ while another 28 active commercial, industrial and infrastructure projects were ‘in process’. Nearby Local Attractions include San Diego Zoo Safari Park, Welk Resorts Theatre, California Center for the Arts, Orfila Vineyards, Stone Brewing campus/eatery, Lake Hodges & Elfin Forest Recreational Reserve as well as 7 local golf courses. + A new Owner-Occupant will enjoy the building’s existing medical infrastructure, allowing for near immediate occupancy shortly after the close of escrow. The existing medical practice – Southern California Institute of Neurological Surgery – is also available for sale in conjunction with the Property. Please contact Listing Broker for additional information. + SBA Owner-Occupant lending available with a minimum 10%-15% Down Payment making this medical owner-occupant opportunity extremely attractive & easily attainable.

FOR SALE DETAILS

PRICE

$1,333,220 USD

PRICE/SF

$535 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,498 SF

ZONING

S-P / H-P

APN/PARCEL ID

230-162-06

ASK ABOUT THIS PROPERTY

James BengalaUrban West VenturesMore Info
760-208-8798

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James BengalaUrban West VenturesMore Info
760-208-8798

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