345 W Grand Ave - Storefront FOR SALE


Escondido, CA 92025- Central Escondido
$1,700,000 USD
619-651-3412
345 W Grand Ave, Escondido, CA for Sale
$1,700,000 USD
Storefront - FOR SALE
1/10
null | Request Cap Rate

345 W Grand Ave
Escondido, CA 92025
Central Escondido


HIGHLIGHTS

  • Retail/Restaurant Opportunity in Downtown Escondido
  • Fully Equipped Turn-Key Bakery and Cafe with extensive improvements completed in 2014
  • Features: Exposed Brick Walls, HVAC, Lighting, Wood Ceilings, Concrete Floors, Cold Displays, Walk-In Fridges, Grease Trap, Indoor/Outdoor Seating
  • 6,400 SF Retail property on 10,454 SF of Land
  • Eight Surface Parking Spaces in Rear of Property
  • Frontage to Grand Ave directly in front of the Escondido sign just off Centre City Parkway

OVERVIEW

The Totah Group of Marcus & Millichap is pleased to present 345 W Grand Avenue—a 6,400-square-foot, fully built-out restaurant space located on a prime 10,454-square-foot corner lot at West Grand Avenue and South Orange Street in Downtown Escondido. This high-visibility, high-traffic location sits in the heart of the city’s walkable core, surrounded by established retailers, restaurants, breweries, and new residential development. This is a true turn-key opportunity for a restaurant operator or food service business. The building has undergone substantial recent upgrades in 2014, including: • Exposed brick and wood finished ceilings • Modern lighting and polished concrete floors • Flexible indoor and outdoor dining areas • A fully equipped commercial kitchen, with major restaurant equipment (Walk-In Fridges/Freezers, Grease Traps. Ovens, Display Fridges, Security System, Private Offices) • Eight on-site parking spaces located at the rear with alley access—a valuable amenity in a downtown setting Whether you’re launching a new concept or relocating an existing business, 345 W Grand offers the infrastructure, character, and location to support long-term success. The property is also ideal for continuing the current bakery/café model or adapting to a range of food and beverage concepts. With Downtown Escondido experiencing a wave of revitalization and residential growth, this property is well positioned to benefit from increasing foot traffic, improved streetscapes, and the area’s rising demand for high-quality dining experiences.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$266 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,498 SF

ZONING

S-P, HD, Escondido

APN/PARCEL ID

233-042-02,233-042-03

ASK ABOUT THIS PROPERTY

Nick TotahMarcus & MillichapMore Info
619-651-3412

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Nick TotahMarcus & MillichapMore Info
619-651-3412

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