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343 E Alvarado St 4,299 SF Retail Building Fallbrook, CA 92028 $1,673,708 CAD ($389.32 CAD/SF)
INVESTMENT HIGHLIGHTS
- Ground-Floor Retail with Drive-Thru
- 15 Dedicated Parking Spaces
- Strong Visibility & Access
- Two Second-Floor Office Suites
- Just Steps from Main Avenue
EXECUTIVE SUMMARY
Exceptional Mixed-Use Commercial Property in Fallbrook’s Revitalizing Downtown. An outstanding opportunity awaits with this 4,362 square foot Mediterranean-style building, located in the heart of Fallbrook’s revitalizing downtown core. Set on a 0.45-acre lot with FBV3 zoning, this property offers flexibility for various commercial or professional uses. Built in 1992 and meticulously maintained, it features two second-floor office suites, ideal for a range of business operations.
The ground floor is home to two retail spaces, providing excellent street visibility. One space is currently leased to a dental tenant, delivering immediate income potential, while the other features a rare drive-through window—perfect for a coffee shop, quick-service restaurant, or boutique retailer. This retail space is currently vacant, presenting an excellent opportunity for an owner-user or a new tenant.
Key highlights of the property include: 15 dedicated parking spaces, prime location just steps from Main Avenue with strong visibility and easy access, surrounded by a growing mix of retail, dining, and residential developments
Positioned within one of North County San Diego’s most promising growth areas, this property offers immense potential. Whether you're an investor seeking a value-add opportunity or an owner-user looking for a strategically located space, this property provides a rare combination of location, design, and upside potential.
The ground floor is home to two retail spaces, providing excellent street visibility. One space is currently leased to a dental tenant, delivering immediate income potential, while the other features a rare drive-through window—perfect for a coffee shop, quick-service restaurant, or boutique retailer. This retail space is currently vacant, presenting an excellent opportunity for an owner-user or a new tenant.
Key highlights of the property include: 15 dedicated parking spaces, prime location just steps from Main Avenue with strong visibility and easy access, surrounded by a growing mix of retail, dining, and residential developments
Positioned within one of North County San Diego’s most promising growth areas, this property offers immense potential. Whether you're an investor seeking a value-add opportunity or an owner-user looking for a strategically located space, this property provides a rare combination of location, design, and upside potential.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,299 SF
Building Class
C
Year Built
1992
Price
$1,673,708 CAD
Price Per SF
$389.32 CAD
Building Height
2 Stories
Building FAR
0.22
Lot Size
0.45 AC
Zoning
FBV3 - The area is also intended to allow uses that support community businesses and provide basic goods and services that are needed by community residents.
Parking
15 Spaces (3.49 Spaces per 1,000 SF Leased)
Frontage
108’ on E Alvarado St
AMENITIES
- Drive Thru
Walk Score®
Walker's Paradise (91)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 103-242-22 | Improvements Assessment | $573,543 CAD |
| Land Assessment | $401,407 CAD | Total Assessment | $974,950 CAD |
PROPERTY TAXES
Parcel Number
103-242-22
Land Assessment
$401,407 CAD
Improvements Assessment
$573,543 CAD
Total Assessment
$974,950 CAD
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343 E Alvarado St
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