4116-20 W Point Loma Blvd, San Diego, CA 92110

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Kobe Zimmerman

Berkshire Hathaway Home Services California Properties

kobezimmerman@bhhscal.com +1(858) 753-3353

$2,800,000

Est. payment - /mo

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Key Details

Property Type Commercial

Sub Type Commercial-Off/Rtl/Ind

Listing Status Pending

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

Senior Community No

Acceptable Financing Cash, Cash to New Loan, Owner May Carry 1st

Listing Terms Cash, Cash to New Loan, Owner May Carry 1st

Virtual Tour https://www.propertypanorama.com/instaview/snd/250043199

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Listed by Tony Franco Tony Franco Realty, Inc.

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4116-20 W Point Loma Blvd San Diego, CA 92110