Prime Mixed-Use Retail/Multifamily/Auto Investment Opportunity. Exceptional opportunity to acquire a stabilized mixed-use retail and multifamily asset featuring 10 tenants and a projected 6.58% cap rate. The property offers approximately ±9,818 square feet of gross leasable area situated on a generous ±26,446 square foot lot, providing strong in-place income with future upside potential. The building includes two grade-level roll-up doors, allowing for flexible retail, service, or light industrial use and enhancing tenant versatility. The diverse tenant mix supports steady cash flow while mitigating vacancy risk. Zoned MXC-1, the property benefits from mixed-use commercial flexibility, supporting a variety of retail, residential, and service-oriented uses ideal for investors seeking both stability and long-term redevelopment potential. This is a rare opportunity to secure a well-located, income-producing mixed-use asset with solid returns and value-add potential.
| MLS # | NDP2601355 |
|---|---|
| Listing Type | For Sale |
| Style | Mixeduse |
| Sub-Type | Resale |
| Status | Active |
| Year | 1937 |
| Days On Site | 246 |
| Listing Provided By | Venture Pacific Properties | Jason Lipovsky |
| SQ Feet | 9,818 |
|---|---|
| Story(s) | 2 |
| Units | 10 |
| Building(s) | 4 |
| Zoning | mxc-2 |
| Acreage | 0.61 |
| Heating Yes / No | No |
|---|---|
| Cooling Yes / No | No |
| State | CA |
|---|---|
| County | San Diego |
| City | National City |
| Zip Code | 91950 |
| Area | 91950 National City |
| Listing VS Median (in 91950) | |
Price: $3,750,000 low | high Med: $1,600,000 sqft: 9,818 low | high Med: 10,448 $ / sqft: $382 low | high Med: $233 On site: 246 low | high Med: 74.5 | |
| State | CA |
|---|---|
| County | San Diego |
| City | National City |
| Zip Code | 91950 |
| Area | 91950 National City |
| Listing VS Median (in 91950) | |
Price: $3,750,000 low | high Med: $1,600,000 sqft: 9,818 low | high Med: 10,448 $ / sqft: $382 low | high Med: $233 On site: 246 low | high Med: 74.5 | |