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29000 Old Town Front St 8,880 SF Retail Building Temecula, CA 92590 $3,500,000 ($394.14/SF)
Investment Highlights
- 7,500SF restaurant with a 1,380SF drive-thru restaurant.
Executive Summary
Rare opportunity to acquire a premier restaurant property featuring a 7,500 SF freestanding Restaurant plus a 1,380 SF freestanding Drive-Thru building situated on the same parcel. Located immediately off Interstate 15 with outstanding freeway visibility and convenient on/off access at the Temecula Parkway Exit. The property benefits from strong traffic counts and excellent exposure on Old Town Front Street.
The main restaurant offers a full bar with available liquor license, expansive indoor dining and outdoor patio seating on both the side and rear of the property. Creating an ideal environment for dining, entertainment, and special events.
This highly visible location presents a unique opportunity for an owner-user, or investor, seeking a landmark presence in one of Southern California's fastest-growing markets in Temecula. Occupy both the buildings, or operate the Restaurant and let the Drive-Thru income pay for the property.
The main restaurant offers a full bar with available liquor license, expansive indoor dining and outdoor patio seating on both the side and rear of the property. Creating an ideal environment for dining, entertainment, and special events.
This highly visible location presents a unique opportunity for an owner-user, or investor, seeking a landmark presence in one of Southern California's fastest-growing markets in Temecula. Occupy both the buildings, or operate the Restaurant and let the Drive-Thru income pay for the property.
Property Facts
Sale Type
Owner User
Property Type
Building Size
8,880 SF
Building Class
B
Year Built
1989
Price
$3,500,000
Price Per SF
$394.14
Building Height
1 Story
Building FAR
0.14
Lot Size
1.46 AC
Zoning
H/TC - Retail Trade
Parking
110 Spaces (12.39 Spaces per 1,000 SF Leased)
Amenities
- Restaurant
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 922-120-008 | Improvements Assessment | $727,056 |
| Land Assessment | $512,464 | Total Assessment | $1,239,520 |
Property Taxes
Parcel Number
922-120-008
Land Assessment
$512,464
Improvements Assessment
$727,056
Total Assessment
$1,239,520
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