640 Grand Ave San Marcos, CA 92078-1200

Property Details for 640 Grand Ave

Year built

1988

Lot size

0.51 lot acres

Property size

6,000 SF

Zone code

COMMERCIAL

Property type

Retail space

APN

219-270-41-00

APU

2192704100

Description

This exceptional freestanding retail building, located at 640 Grand Ave in San Marcos, CA, presents a compelling investment opportunity. The 6,110 square foot property, built in 1988, sits on a 0.51-acre lot and features two units, currently 50% occupied under a NNN lease. The asking price is $4,500,000, translating to $736.50 per square foot. The property boasts 26 parking spaces, a significant advantage in a high-traffic area. Its prime location on a major thoroughfare provides excellent visibility and convenient access to Highway 78, connecting I-5 and I-15. The building benefits from its proximity to Creekside Marketplace, a thriving retail center attracting over 5.8 million annual visits. This synergistic location, coupled with the presence of nearby CSU San Marcos and Palomar College (with a combined enrollment of approximately 45,500 students), ensures a robust customer base. The property's zoning is C-Commercial, allowing for a variety of uses. The fee-simple ownership structure offers significant potential for an owner-user seeking to capitalize on attractive SBA loan rates, customize the vacant space, and enjoy both equity appreciation and pride of ownership. This is a rare opportunity to acquire a well-positioned retail property in a thriving San Diego County market. The property's address is 640 Grand Ave, San Marcos, CA 92078, and its APN is 219-270-41.

Location Insight

City

San Marcos

County

San Diego

State

California

Longitude

-117.179

Latitude

33.1358

CBSA code

41740

CBSA name

SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments