389 Broadway - Freestanding FOR SALE


Chula Vista, CA 91910- Downtown Chula Vista
$2,750,000 USD
918-809-0333
389 Broadway, Chula Vista, CA for Sale
$2,750,000 USD
Freestanding - FOR SALE
1/6
null | Request Cap Rate

389 Broadway
Chula Vista, CA 91910
Downtown Chula Vista


HIGHLIGHTS

  • One block from Chula Vista Mall and major retail anchors
  • Zoned M52 with broad permitted use types
  • New roof with transferable 20-year warranty
  • High traffic counts and excellent visibility
  • Walk Score of 88 in a vibrant commercial corridor
  • SBA 7a and 504 financing scenarios available

OVERVIEW

Positioned in the heart of Chula Vista’s dynamic Broadway corridor, 389 Broadway offers a rare owner-user opportunity in a high-visibility retail location. This ±4,225 SF freestanding building sits just one block from the bustling Chula Vista Mall, one of the region’s most active outdoor shopping destinations. With a Walk Score of 88, the property benefits from strong pedestrian traffic and proximity to major thoroughfares including the 805 and 5 Freeways, enhancing accessibility for customers and employees alike. Built in 1951 and situated on a 0.15-acre parcel, the building features five parking spaces (including one ADA), a new roof installed in 2020 with a transferable 20-year warranty, and full security gate coverage across the front entrance. The site is zoned M52, allowing for a wide range of low-impact industrial, civic, and commercial uses, making it ideal for retail, service, or light industrial operations. The surrounding area is undergoing significant redevelopment, including the Gaylord Pacific Resort and Convention Center just 1.4 miles away, which will bring increased foot traffic and economic activity to the neighborhood. With median household incomes exceeding $64,000 within a 5-mile radius and traffic counts reaching over 25,000 cars per day on Broadway, this property is well-positioned to capture both local and regional demand. SBA financing options are available, making this an accessible investment for qualified buyers.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$651 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

M52

APN/PARCEL ID

567-140-02

ASK ABOUT THIS PROPERTY

Kimberly ClarkVoit Real Estate ServicesMore Info
918-809-0333

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

Kimberly ClarkVoit Real Estate ServicesMore Info
918-809-0333

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