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Multi-Tenant Retail and Restaurant Property
For Sale
$2,250,000

8306 Highway 79, Descanso, CA 91916

Property includes three tenant rent streams and a restaurant fourth occupant operating rent-free under current ownership.

Property SizeContact for details
Days on Market152

Property Features for 8306 Highway 79

General Information

Standard status Active
Total Parking Spaces 65
Zoning C36

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Tenancy Multi
Listing Agency: Sandbar Realty Group
Listed By: Bryan Gonzales · License #01191461
Source: Exprealty
Added: Apr 2 Changed: Aug 25 Last Checked: Aug 30 at 10:09PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sandbar Realty Group

Investment Insights

Based on property information with market context.

The property is a multi-tenant commercial site currently producing annual rent from three tenants, while a fourth restaurant occupant operates rent-free under current ownership and is described with an estimated market rent. Ownership has invested $152,000 since 2022 in targeted capital improvements across the event center, tenant spaces, an on-site residence, and parking. Parking is currently configured with 65 spaces, with plans to expand to 88 and ADA work in process.

Positioned along a high-traffic corridor serving Julian, Lake Cuyamaca, and Mount Laguna, the site benefits from year-round visibility and steady destination traffic passing through the region.

The property is almost entirely zoned C36, with a minor boundary adjustment pending that will result in uniform C36 zoning across the entire site. The pending zoning adjustment will not affect existing structures or tenants.

Key Highlights

  • Built in 1925 and positioned on a high‑traffic corridor serving Julian, Lake Cuyamaca, and Mount Laguna
  • Current income: $59,000 in annual rent from three tenants plus a restaurant occupant operating rent‑free
  • Estimated restaurant market rent of $42,000/year for potential $101,000 Gross Scheduled Income

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage Building Supply Auto Parts Store Furniture & Home Goods Auto Repair Shop Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

27
Businesses Nearby
Well-served
Demand for This Use

Demographics for 91916, CA

1,720
Population
733
Households
2.3
Avg Household Size
50
Median Age
23%
College-Educated
93%
High-School Grad
61.9 sq mi
ZIP Area
28
Density / Sq Mi
$110,833
Median Household Income
$43,611
Median Earnings
$3,501
Median Rent
$615,700
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Property includes three tenant rent streams and a restaurant fourth occupant operating rent-free under current ownership.
Where is this conventional restaurant located?
The property is located at 8306 Highway 79 Descanso, CA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Built in 1925 and positioned on a high‑traffic corridor serving Julian, Lake Cuyamaca, and Mount Laguna; Current income: $59,000 in annual rent from three tenants plus a restaurant occupant operating rent‑free; Estimated restaurant market rent of $42,000/year for potential $101,000 Gross Scheduled Income
More about this property
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