Oak Park 28581 Front St 8,800 SF 100% Leased Office Building Temecula, CA 92590 $6,800,000 ($772.73/SF)

Old Town Temecula Landmark Opportunity
Rare opportunity to acquire a premier commercial assemblage in the heart of Old Town Temecula, one of Southern California's most successful dining, entertainment, and tourism destinations. This unique offering consists of an approximately 8,800± square foot, two story executive office building situated on a 14,810± square foot corner parcel together with an adjacent 16,552± square foot commercial parcel currently operated as a paid parking lot. Together, the properties comprise approximately 31,362± square feet (0.72± acres) and are offered as one exceptional investment and redevelopment opportunity.
Located at the prominent northwest corner of Old Town Front Street and 4th Street, the existing office building is currently configured with executive office suites, conference facilities, a break kitchen, and multiple restroom facilities. The highly occupied building provides current income while allowing a future owner the flexibility to reposition or repurpose the property over time.
The property is located within the Core Commercial District of the Old Town Specific Plan, one of the most flexible commercial zoning designations in the City of Temecula. The zoning supports a broad range of commercial uses including restaurants, retail, office, entertainment, hospitality, tasting rooms, specialty food and beverage concepts, and mixed use development, subject to buyer verification and City approvals.
Unlike many commercial properties within Old Town, this offering combines an existing income producing building with an adjacent commercial parcel, creating exceptional flexibility for adaptive reuse, expansion, outdoor gathering areas, additional parking, or a comprehensive redevelopment plan. The conceptual redevelopment opportunities illustrated in the Offering Memorandum demonstrate just a few of the possibilities, including a signature restaurant, wine tasting and food hall, retail and restaurant village, or entertainment venue.
Old Town Temecula continues to experience strong demand driven by its thriving restaurant scene, specialty retail, year round events, and its position as the gateway to Temecula Valley Wine Country. Opportunities to acquire commercial properties of this size, visibility, and redevelopment potential are increasingly limited, making this a rare opportunity for investors, developers, hospitality operators, and owner users seeking a landmark location in one of Southern California's most desirable downtown districts.
Offering Price: $6,800,000