29115 Valley Center Road, Valley Center, CA 92082
- $3,550,000
- List Price
- $3,550,000
- Status
- ACTIVE
- MLS#
- PTP2605840
- Year Built
- 1959
- Lot Location
- Landscaped, Level
- Days on Market
- 1
- Property Type
- Commercial
- Property Sub Type
- Retail
Property Description
Rarely does a retail center of this standing surface after more than 25 years of single ownership, a testament to the asset's enduring performance and the loyalty it commands in its trade area. Now under new stewardship, the property could bring fresh vision to a proven foundation, with Commercial Zoning unlocking a meaningful runway for value-add improvements, repositioning, and expanded uses. Strong current tenant businesses provide a steady cash flow and the breathing room to plan thoughtfully, moving forward when the time is right. The timing could not be more compelling: new residential projects currently under consideration are poised to reshape the surrounding market, bringing increased population and purchasing power that would directly benefit a fully optimized retail center. For the investor who recognizes a generational opportunity, this is one.
/u.realgeeks.media/sdrealtyoptions/RO.jpg)
Additional Information
- Cooling
- Yes
- Cooling Description
- See Remarks
- Attached Structure
- Detached
- Number Of Units Total
- 9
- Gross Scheduled Income
- $242,257
- Operating Expense
- 121288
Listing courtesy of Listing Agent: Judy Preston (judy@prestonccim.com) from Listing Office: JP Equity Real Estate Corp.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.