Price Reduced ListingPrime retail property located along Broadway in Lemon Grove with strong street presence and high visibility. The property consists of an approximately 8,000 square foot single-tenant storefront situated on a 0.24-acre lot with 54 feet of frontage. Currently income-producing, it offers immediate cash flow with long-term upside potential. The property is zoned VC3 (Village Commercial) and should qualify for additional development opportunities under SB 79, which is a major value driver. This zoning allows for higher-density mixed-use development, including the potential for residential units above commercial space and increased building height and intensity (buyer to verify with the City of Lemon Grove). This creates a strong opportunity for future redevelopment into a multi-story project, making it especially attractive to investors and developers. Located in a growing corridor with nearby retail, transit access, and continued development activity, the property benefits from both its current use and future potential. Ideal for investors, developers, or owner-users looking to take advantage of zoning flexibility in a prime location.
| MLS # | 260009894SD |
|---|---|
| Listing Type | For Lease |
| Status | Active |
| Days On Site | 121 |
| Listing Provided By | Atlas Realty | Michael Spirtos |
| Units | 1 |
|---|---|
| Zoning | VC-3 |
| Heating Yes / No | No |
|---|---|
| Cooling Yes / No | Yes |
| State | CA |
|---|---|
| County | San Diego |
| City | Lemon Grove |
| Zip Code | 91945 |
| Area | 91945 Lemon Grove |
| Listing VS Median (in 91945) | |
Price: $1,800,000 low | high Med: $739,000 On site: 121 low | high Med: 34 | |
| State | CA |
|---|---|
| County | San Diego |
| City | Lemon Grove |
| Zip Code | 91945 |
| Area | 91945 Lemon Grove |
| Listing VS Median (in 91945) | |
Price: $1,800,000 low | high Med: $739,000 On site: 121 low | high Med: 34 | |