7815-7825 North ave - Light Distribution FOR SALE


Lemon Grove, CA 91945
$2,100,000 USD
619-952-7107
7815-7825 North ave, Lemon Grove, CA for Sale
$2,100,000 USD
Light Distribution - FOR SALE
1/7
null | Request Cap Rate

7815-7825 North ave
Lemon Grove, CA 91945


OVERVIEW

7815–7825 North Avenue, Lemon Grove, CA 91945 CAST Capital Partners is pleased to present 7815–7825 North Avenue, a rare commercial property offering ideal for both investors and business owners. Strategically positioned on a corner parcel in Lemon Grove, this ±8,335 SF freestanding industrial/flex building sits on a ±17,632 SF lot (±0.39 acres) and provides abundant on-site parking, excellent visibility, and convenient access to major transportation routes. This well-maintained asset features five large over-canopy garage doors, a private office, reception area, and functional warehouse space with 13'–15' clear heights. The property is currently zoned Village Commercial 3 (VC3) as part of the Downtown Village Specific Plan (DVSP), allowing a wide range of by-right commercial uses including professional offices, retail, beauty/personal care services, pet grooming, and drop-off dry cleaning. Residential units above commercial are also encouraged. Automotive uses and alcohol sales may be permitted with city approval (MUP or CUP required). SALE HIGHLIGHTS: Asking Price: $2,100,000 Seller Financing Available: $400,000 downpayment, favorable terms Lot Size: ±17,632 SF (±0.39 AC) Building Size: ±8,335 SF Zoning: Village Commercial 3 (VC3), Lemon Grove APNs: 475-472-01-00, 475-472-02-00, 475-472-04-00 Ceiling Heights: 13'–15' clear Garage Doors: Five over-canopy grade-level doors Parking: Abundant surface parking on corner parcel Signage: High-visibility monument signage LEASE OPPORTUNITY: Teaser Lease Rate (Year 1): $1.00/SF NNN (Est. $0.20) Standard Lease Rate: $1.50/SF NNN (Est. $0.20) Available SF: Entire ±8,335 SF (divisible potential can be explored) Flexibility: Ideal for light industrial, creative office, service retail, or showroom uses Terms: Negotiable lease lengths; motivated ownership open to creative deal structures LOCATION / ACCESS: High-visibility location with over 28,000 vehicles/day passing on nearby arterials Easy access to SR-94 and SR-125 freeways Close proximity to Lemon Grove Trolley Station, walkable for employees or customers Nearby retail amenities, schools, and public transit Minutes from downtown San Diego, the 94 corridor, and key regional employment hubs ZONING INSIGHTS: VC3 zoning supports mixed-use commercial development Retail, food service, office, and service businesses allowed by right Automotive and alcohol-related uses require discretionary approval Residential over commercial encouraged for live-work models DEMAND DRIVERS & AREA INSIGHTS: Over 200,000 residents within a 3-mile radius Median household income of $71,000+ within 5 miles Close to schools, trolley, freeways, and growing regional job hubs Low city unemployment and strong business activity in Central San Diego Located in a pedestrian-friendly, revitalizing downtown corridor INVESTMENT HIGHLIGHTS: Strong upside potential with below-market lease teaser rate and seller financing Corner parcel with multiple access points Stable zoning with adaptive reuse potential High demand for service-based and flexible industrial uses in Lemon Grove NEXT STEPS: Schedule a property tour with the CAST team Explore eligibility for desired use under VC3 zoning Review our lease vs. own comparison or financing scenarios Let us help structure the right deal for your needs

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$252 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Broadway Auto Electric

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

ADD'L SUBTYPES

Auto Repair, Warehouse, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

UTILITIES

-

CLEAR CEILING HT

15 Ft

DOCKS

-

DRIVE INS

5

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.4

LAND SF

17,424

ZONING

VC3(Village Commercial 3)

APN/PARCEL ID

475-472-01,475-472-02,475-472-04

ASK ABOUT THIS PROPERTY

Buster HoyCAST Capital PartnersMore Info
619-952-7107

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Buster HoyCAST Capital PartnersMore Info
619-952-7107

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