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7247 University Ave 1,500 SF Retail Building La Mesa, CA 91942 $750,000 ($500/SF)



EXECUTIVE SUMMARY
Commercial/Retail Bldg
Off street parking spaces (possible 8)
High rental demand
Tenant Month to Month
Located on a highly transited street
Currently being used as a body shop
GSI: $40,800
Off street parking spaces (possible 8)
High rental demand
Tenant Month to Month
Located on a highly transited street
Currently being used as a body shop
GSI: $40,800
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,500 SF
Building Class
C
Year Built
1960
Price
$750,000
Price Per SF
$500
Tenancy
Single
Building Height
1 Story
Building FAR
0.43
Lot Size
0.08 AC
Zoning
C - Commercial/Retail Bldg
Off street parking spaces (possible 8)
High rental demand
Tenant Month to Month
Located on a highly transited street
Parking
3 Spaces (2 Spaces per 1,000 SF Leased)
Frontage
36’ on University Ave
Walk Score®
Very Walkable (80)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 474-181-10 | Improvements Assessment | $85,335 |
| Land Assessment | $227,563 | Total Assessment | $312,898 |
PROPERTY TAXES
Parcel Number
474-181-10
Land Assessment
$227,563
Improvements Assessment
$85,335
Total Assessment
$312,898
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7247 University Ave
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