3050 Pio Pico Dr - Restaurant FOR SALE


Carlsbad, CA 92008
$5,995,000 USD
619-269-6076
3050 Pio Pico Dr, Carlsbad, CA for Sale
$5,995,000 USD
Restaurant - FOR SALE
1/31
null | Request Cap Rate

3050 Pio Pico Dr
Carlsbad, CA 92008


HIGHLIGHTS

  • Coastal Residential Mixed-Use Development Opportunity
  • Excellent Location Just Off Carlsbad Village Drive

OVERVIEW

The subject offering presents an excellent mixed-use development opportunity to build residential townhomes or multi-family units plus commercial space. The property currently has a 6,200 SF building situated on a parcel of 35,719 SF. The building is currently leased to two restaurant tenants on short-term leases with approx. 2.5 years remaining each and no extension options. The northeast portion of the parcel of approx. 6,420 SF has a parking easement for shared use with the adjacent retail/office property, thus bringing the net developable area to approx. 29,300 SF. Seller had a Pre-Design Report completed by an architect, which has generated a couple of potential development options for townhomes, multi-family, ADU’s, and commercial space. Report available upon request.

FOR SALE DETAILS

PRICE

$5,995,000 USD

PRICE/SF

$967 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

67

LAND DETAILS

LAND ACRES

0.82 AC

LAND SF

35,719 SF

ZONING

C2

APN/PARCEL ID

156-180-44

ASK ABOUT THIS PROPERTY

Rob BloomDUHS CommercialMore Info
619-269-6076

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Rob BloomDUHS CommercialMore Info
619-269-6076

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