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Susan Adams

susansellssd@gmail.com +1(619) 730-8982

$ 799,000

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7918 Broadway Lemon Grove, CA 91945

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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 260001527

Property Sub-Type Commercial-Off/Rtl/Ind

Property Description

Rare opportunity to acquire a fully renovated, multi-tenant retail property in the heart of downtown Lemon Grove. The subject property consists of two ±750 SF suites (±1,500 SF total) on a ±3,265 SF lot, each with in-suite restrooms and separate entrances. The building was originally constructed in 1954 and substantially renovated in 2022. The property is 100% leased to established local tenants on leases running through 2027, providing immediate and stable cash flow. Current rents are $2,450 per month per suite, generating approximately $58,800 in annual gross income. Tenants pay all utilities, keeping expenses low for ownership. Located along Broadway, one of Lemon Grove's primary commercial corridors, the property benefits from excellent street visibility and strong daily traffic exposure. A 96-space public parking lot is located directly behind the building with rear access for customers and tenants. The asset is positioned just two doors down from the newly completed Kelvin mixed-use development, featuring 66 luxury apartment units. This nearby project adds a built-in, higher-income customer base to the surrounding retail environment.

Location

State CA

County San Diego

Area East County

Interior

Fireplace No

Exterior

View Y/N No

Others

Senior Community No

Virtual Tour https://www.propertypanorama.com/instaview/snd/250027958

Listed by Max W Reynolds Reynolds Property Management

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES

Elementary Schools 20

10

Hearst Elementary School

Public | KG - 5
10

College Preparatory Middle School

Public | 5 - 8
9

Murdock Elementary School

Public | KG - 6
8

Rolando Park Elementary School

Public | PK - 5
8

La Mesa Arts Academy

Public | 4 - 8
7

Lemon Grove Academy Elementary School

Public | PK - 6
7

Murray Manor Elementary School

Public | KG - 6
6

The O'Farrell Charter

Public | KG - 12
6

Language Academy

Public | KG - 8
6

Clay Elementary School

Public | KG - 5
6

San Altos Elementary School

Public | PK - 6
6

La Mesa Dale Elementary School

Public | PK - 6
6

Freese Elementary School

Public | PK - 5
6

Lemon Avenue Elementary School

Public | KG - 6
5

Carver Elementary School

Public | KG - 5
5

Valencia Park Elementary School

Public | PK - 5
5

San Miguel Elementary School

Public | PK - 6
5

Vista La Mesa Academy

Public | PK - 8
5

Maryland Avenue Elementary School

Public | PK - 6
5

Rancho Elementary School

Public | PK - 6

Middle Schools 3

0

Lemon Grove Academy Middle School

Public | 7 - 8
0

Palm Middle School

Public | 7 - 8
0

Quest Academy

Public | 6 - 8

High Schools 6

9

Helix High School

Public | 9 - 12
7

Grossmont High School

Public | 9 - 12
5

Morse High School

Public | 9 - 12
4

Mount Miguel High School

Public | 9 - 12
0

Fred Finch Youth Center

Private | 9 - 12
0

Grossmont Union High Special Education Program

Public | 9 - 12

School and business data provided by Attom Data.

Susan Adams

Agent | License ID: 01994357

+1(619) 730-8982

Susan Adams

7918 Broadway Lemon Grove, CA 91945

Key Details

Location

Interior

Exterior

Others

NEARBY SCHOOL & BUSINESS

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7918 Broadway