343 E Alvarado St - Freestanding FOR SALE


Fallbrook, CA 92028
$1,199,000 USD
619-933-0050
343 E Alvarado St, Fallbrook, CA for Sale
$1,199,000 USD
Freestanding - FOR SALE
1/89
null | Request Cap Rate

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343 E Alvarado St
Fallbrook, CA 92028


HIGHLIGHTS

  • Ground-Floor Retail with Drive-Thru
  • Two Second-Floor Office Suites
  • 15 Dedicated Parking Spaces
  • Just Steps from Main Avenue
  • Strong Visibility & Access

OVERVIEW

Exceptional Mixed-Use Commercial Property in Fallbrook’s Revitalizing Downtown. An outstanding opportunity awaits with this 4,362 square foot Mediterranean-style building, located in the heart of Fallbrook’s revitalizing downtown core. Set on a 0.45-acre lot with FBV3 zoning, this property offers flexibility for various commercial or professional uses. Built in 1992 and meticulously maintained, it features two second-floor office suites, ideal for a range of business operations. The ground floor is home to two retail spaces, providing excellent street visibility. One space is currently leased to a dental tenant, delivering immediate income potential, while the other features a rare drive-through window—perfect for a coffee shop, quick-service restaurant, or boutique retailer. This retail space is currently vacant, presenting an excellent opportunity for an owner-user or a new tenant. Key highlights of the property include: 15 dedicated parking spaces, prime location just steps from Main Avenue with strong visibility and easy access, surrounded by a growing mix of retail, dining, and residential developments Positioned within one of North County San Diego’s most promising growth areas, this property offers immense potential. Whether you're an investor seeking a value-add opportunity or an owner-user looking for a strategically located space, this property provides a rare combination of location, design, and upside potential.

FOR SALE DETAILS

PRICE

$1,199,000 USD

PRICE/SF

$279 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,602 SF

ZONING

FBV3

APN/PARCEL ID

103-242-22

ASK ABOUT THIS PROPERTY

Mark MarquezCompass CommercialMore Info
619-933-0050

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Mark MarquezCompass CommercialMore Info
619-933-0050

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