Property Detail

Description

Alta Pacific Realty is please to offer this value-add MIXED USE property on the high traffic corner of La Mesa Blvd. and Normal Ave. at the main entrance to the Vons Shopping Center! With over 90' of frontage on the high traffic artery of La Mesa Blvd., between University Ave. and Spring Street, this property benefits from the community shopping center and MTS Trolley station 2/10ths of a mile away. Currently, rents are significantly below market offering a new buyer the potential to substantially increase income. The property includes 2 buildings, built in 1957 -- 3,840 s.f. of retail space comprised of three suites, with 2 on a month-to-month basis and the 3rd expiring soon. The Residential building, with frontage on Normal Ave. offers 1,850 s.f. -- a 2Br/2Ba with 1,225 s.f. and a 625 s.f. 1 Br/1Ba, both with Off Street Pkg, both on Mo. to Mo. agreements. The Retail Building features monument & building signage and 18 on-site parking spaces along La Mesa Blvd. Seller finacing may be considered.