Just Listed! Retail Investment Opportunity in Lemon Grove, CA
Investment Opportunity: $799,000
Palm Tree Properties is proud to present an outstanding investment opportunity for qualified buyers: a fully renovated retail space located on bustling Broadway Street in Downtown Lemon Grove, CA. Priced at $799,000, this multi-tenant property offers a prime chance for investors to capitalize on Lemon Grove’s growing market and the surrounding development boom.
Built in 1954 and renovated to modern standards, the property features two ±750 SF suites with in-suite restrooms, providing flexible spaces for a variety of retail tenants. The total building size is ±1,500 SF, situated on a ±3,265 SF lot, with a large fenced yard area and a massive, free parking lot with 96 spaces—an invaluable asset in any retail sector.
Property Highlights
Rare Opportunity to Acquire Multi-Tenant Retail Building Fully Renovated.
Great Street Visibility
Behind the building is a huge free parking lot with 96 spaces that can be accessed via the back entrance.
The building is 2 doors down from the new CityMark development, Kelvin, which features 66 luxury apartments creating a built-in upscale customer base.
About this Investment Opportunity
Strategically located just two doors down from the new CityMark development, Kelvin, this property benefits from the influx of new residents brought by the 66-unit luxury apartment complex. The Kelvin project offers a built-in, upscale customer base for businesses nearby, with residents enjoying high-end amenities like an expansive rooftop entertainment center and an on-site fitness facility. This proximity opens the door to attract higher-end retailers or service providers looking to cater to this affluent demographic.
Another key feature is the property’s seamless access to major highways, with the 94 and 125 freeways nearby. Downtown San Diego and Coronado are just a short 15-20 minute drive away, adding to the convenience and attractiveness of this location for both tenants and customers.
Whether you’re looking to acquire a solid investment property or seeking an ideal space for your business, this fully renovated retail center offers flexibility, high visibility, and significant growth potential. With nearby development increasing demand for retail and service spaces, this property presents a unique opportunity to secure a prime piece of Lemon Grove real estate at a competitive price.
Palm Tree Properties: San Diego’s Top Brokerage and Property Management Company
Don’t miss out on this chance to invest in an area poised for continued growth and expansion! For more detailed information about this opportunity contact Erik or Max today. Palm Tree Properties is committed to providing comprehensive support and guidance throughout the investment process.Stay tuned for more updates from Palm Tree Properties!
Contact Erik:
Email: [email protected]
Phone: (619) 616-7332
Contact Max:
Email: [email protected]
Phone: (619) 391-2560
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