136-140 W 3rd Ave - Office FOR SALE


Escondido, CA 92025- Central Escondido
$1,900,000 USD
760-822-3730
136-140 W 3rd Ave, Escondido, CA for Sale
$1,900,000 USD
Office - FOR SALE
1/67
null | Request Cap Rate

136-140 W 3rd Ave
Escondido, CA 92025
Central Escondido


HIGHLIGHTS

  • Prime downtown Escondido location with excellent visibility and walkability.
  • Flexible zoning for residential, office, and medical uses.
  • Current income with strong upside potential (up to $9,000/month).
  • Three historic structures totaling ±4,350 SF on a spacious ±14,300 SF lot.

OVERVIEW

Presenting a rare opportunity to acquire ±4,350 SF of historic residential and office space on a generous ±14,300 SF lot in the heart of Downtown Escondido. This versatile property, zoned for residential, office, and medical uses, is ideal for owner-users or investors seeking a prime location with exceptional visibility and walkability. The site includes three distinct structures—136 W 3rd Ave (bungalow), 138 W 3rd Ave (leased residential, expiring August 2028), and 140 W 3rd Ave (vacant, available for lease)—offering both immediate income and significant upside potential. Current monthly income is $3,000, with pro forma potential up to $9,000 (4.2% return). Enjoy close proximity to Grand Avenue’s vibrant restaurants, retail, and entertainment, plus convenient access to the North County Sprinter Rail, SR-78, and I-15. Offered at $1,900,000, this property combines historic charm, flexible zoning, and investment potential in one of North County’s most active mixed-use corridors.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$437 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1896

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

SP, Southern Gateway

APN/PARCEL ID

233-072-11

ASK ABOUT THIS PROPERTY

Timothy Gosselin, CCIMLee & AssociatesMore Info
760-822-3730

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Timothy Gosselin, CCIMLee & AssociatesMore Info
760-822-3730

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.