605 Alvarado St Fallbrook, CA 92028-2375
This exceptional 2,200 square foot office space, part of a larger 4,198 square foot building, is ideally situated at 605 E Alvarado St in Fallbrook, CA 92028. Built in 2014, this two-story building offers a blend of traditional and medical office suitability. The space boasts a large open entryway, a convenient kitchen/break room, and a private restroom. Currently configured with four private offices, the layout allows for flexible expansion to accommodate various business needs. The property features ample parking, including on-street options, and is conveniently located near downtown Fallbrook's restaurants and amenities. The building has eleven total parking spaces. While currently without an elevator, the building's design allows for the addition of an elevator, making it a particularly attractive option for medical practices. The property sits on 0.2 acres of land and has a floor area ratio (FAR) of 0.49. This move-in ready space presents a fantastic opportunity for businesses seeking a well-appointed and conveniently located office in the heart of Fallbrook. The minimum divisible space is 2,200 square feet, and the maximum contiguous space available is also 2,200 square feet. This represents the entire vacant space within the building.
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Robert Bell Insurance Brokers, LLC Insurance Agency
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Peter Strutz, MD Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
COMMERCIAL · Fallbrook, CAFallbrook. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.