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41950 6th St 1,300 SF 100% Leased Retail Building Temecula, CA 92590 $2,200,000 ($1,692.31/SF)

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INVESTMENT HIGHLIGHTS

  • Great Temecula Old Town Location
  • Multiple Proposed Uses
  • Excellent Visibility
  • Great Re-Development Opportunity
  • Well-Maintained Property

EXECUTIVE SUMMARY

OLD TOWN TEMECULA - INVESTORS, DEVELOPERS - Multiple Opportunities here to own and or develop this Commercial Retail Property. 4 Legal Lots- 14,000sf Footprint, Existing Retail Building- 41950 6th Street - 1,200sf. Across the street from the Farmer's Market and City Parking Lot. 4 Story Height Limit. Property is suitable for remaining as existing Retail/ Office, or to be developed as a boutique Hotel, Luxury Hotel, Mixed Use Center, New Retail, New Office, or Affordable Housing Complex. Several Conceptual Plans have been done. Owners are also amenable to a Joint Venture or Equity Partner. Existing short term retail tenant will provide interim cash flow during entitlement process. Contact City of Temecula Planning and/or Listing Agent for more information. 6 Lots and Sagebrush Center building next door to the East are also available separately.

PROPERTY FACTS

Sale Type
Investment
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
1,300 SF
Building Class
C
Year Built
1979
Price
$2,200,000
Price Per SF
$1,692.31
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Lot Size
0.32 AC
Zoning
C1 - Retail Trade
Parking
5 Spaces (3.85 Spaces per 1,000 SF Leased)
Frontage
71’ on 6th Street

AMENITIES

  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector
Walk Score®
Very Walkable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Rosa's Cafe
Chili's Grill & Bar
Denny's
Alberto's Mexican Food
LongHorn Steakhouse
Black Angus Steakhouse
Starbucks
Bank of America
Chase Bank
UFC Gym

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
922-024-003
Land Assessment
$518,713
Improvements Assessment
$94,816
Total Assessment
$613,529
  • Listing ID: 32029969

  • Date on Market: 6/5/2024

  • Last Updated:

  • Address: 41950 6th St, Temecula, CA 92590

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