Welcome to 2401 Imperial Ave, an exceptional commercial property situated in the bustling heart of San Diego, CA. Boasting a prime location with high visibility and accessibility, this property presents an outstanding opportunity for investors seeking solid returns and value enhancement. With two well-established tenantsa thriving auto body shop and a bustling tire shopthis property enjoys a steady income stream with ample room for growth. The current 5.47% cap rate underscores its attractiveness as an investment, while the pro forma projection of a 7.62% cap rate highlights its potential for enhanced profitability. Strategically positioned to capitalize on the robust demand for automotive services in the area, this property offers investors the chance to maximize value through lease increases and value-added improvements. Whether you're an experienced investor looking to expand your portfolio or a newcomer eager to enter the lucrative commercial real estate market, 2401 Imperial Ave presents an enticing opportunity for success. Don't miss your chance to own a piece of San Diego's thriving commercial landscape. Schedule a viewing today and discover the endless possibilities awaiting you at 2401 Imperial Ave. Please call for a showing and details.
MLS# | 240012702SD |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Pending |
Year | 1950 |
Days On Site | 105 |
Listing Provided By | Investment Realty Homes & Loans 619-651-8550 | Anthony Joplin |
Units | 1 |
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Building(s) | 1 |
Zoning | INDUSTRIAL |
Acreage | 0.16 |
State | CA |
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County | San Diego |
City | San Diego |
Zip Code | 92102 |
Area | 92102 San Diego |
Listing VS Median (in 92102) | |
Price: $1,259,302 low | high Med: $650,000 On Site: 105 low | high Med: 49 |