21
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$2,800,000
Est. payment /mo
New
4116-20 W Point Loma Blvd San Diego, CA 92110
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Key Details
Property Type Commercial
Sub Type Commercial-Off/Rtl/Ind
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250043199
Property Sub-Type Commercial-Off/Rtl/Ind
Property Description
The mixed-use office and retail property that is for sale is located at 4116-20 W Point Loma Blvd, San Diego, CA 92110. This is an amazing opportunity for a doctor to purchase this property and to patiently wait until the Pt Loma Sports Medicine's lease expires in January 2027. At this point, a doctor would be able to take advantage of the intrinsic value that has been created at this location since the early 80s. The Seller would even be willing to provide financing to a qualified buyer with the following terms: 20% Down Payment, 3-5 Year Loan, Interest Only, and with an 8% Interest Rate (subject to Buyer's credit worthiness). Alternatively, a medical practice could potentially obtain SBA Financing. A developer has an opportunity to collect rent for a couple of years while obtaining plans to redevelop the property into a mixed-use project. The property is located just blocks from Pechanga Arena. An investor has the opportunity to re-position the lease agreements as they are set to expire over the next 2 years.
Location
State CA
County San Diego
Area Metro
Interior
Fireplace No
Exterior
Parking Features On Site
View Y/N No
Building
Lot Description Free Standing, Strip Center
Others
Acceptable Financing Cash, Cash to New Loan, Owner May Carry 1st
Listing Terms Cash, Cash to New Loan, Owner May Carry 1st
Listed by Tony Franco Tony Franco Realty, Inc.
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