136-140 W 3rd Ave - Medical FOR SALE


Escondido, CA 92025- Central Escondido
$1,525,000 USD
760-822-3730
136-140 W 3rd Ave, Escondido, CA for Sale
$1,525,000 USD
Medical - FOR SALE
1/62
null | Request Cap Rate

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


HIGHLIGHTS

  • Mixed-use residential and office property in Downtown Escondido.
  • Historic building component available for occupancy or lease.
  • Southern Gateway District zoning permits residential, office, and medical uses.
  • Includes approximately 12 on-site parking spaces.
  • Fenced and secured outdoor area provides additional functionality.
  • Convenient access to Grand Avenue, SR-78, I-15, and Sprinter Rail service.

OVERVIEW

136-140 W 3rd Avenue presents a rare opportunity to acquire a mixed-use residential and office property in Downtown Escondido. The offering consists of three separate improvements totaling approximately 4,350 square feet situated on a 14,300-square-foot parcel. The property includes a bungalow structure at 136 W 3rd Avenue, a residential building at 138 W 3rd Avenue, and a historic structure at 140 W 3rd Avenue that is available for lease. The site also features approximately 12 parking spaces and a fenced, secured outdoor area. Located within Escondido's Southern Gateway District, the property allows a variety of residential, office, and medical uses, with additional uses such as schools, churches, daycare facilities, and wedding venues potentially permitted through a Conditional Use Permit. The combination of multiple structures and flexible zoning creates opportunities for owner-users, investors, or businesses seeking a property with both occupancy and income potential. The property benefits from a highly accessible downtown location near Grand Avenue's retail, dining, and entertainment destinations. Occupants and visitors enjoy convenient access to the North County Sprinter Rail station as well as regional transportation routes including State Route 78 and Interstate 15. Nearby civic, educational, and commercial destinations contribute to ongoing activity throughout the surrounding area.

FOR SALE DETAILS

PRICE

$1,525,000 USD

PRICE/SF

$351 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1896

SPRINKLERS

-

PARKING SPACES

10

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.