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670 Broadway 2,300 SF Retail Building Chula Vista, CA 91910 $1,972,739 CAD ($857.71 CAD/SF) 5.10% Cap Rate
Executive Summary
Mixed-Use Investment Property for Sale
Excellent opportunity to acquire a mixed-use investment property featuring a well-established liquor store building and a detached single-family residence.
The liquor store building is approximately 1,600 sq. ft. and is currently leased at $3,600 per month. The detached home is approximately 860 sq. ft., featuring 2 bedrooms and 1 bathroom, and is currently rented for $2,600 per month.
This property offers strong income potential with two separate rental streams and long-term upside for investors or owner-users.
In addition, the liquor store business is available for purchase separately at $350,000 plus inventory and includes a valuable Type 21 Off-Sale Liquor License.
Property Highlights:
Mixed-use investment opportunity
Liquor store building + detached residential home
Approx. 1,600 sq. ft. commercial building
Approx. 860 sq. ft. residential home
Current combined rental income of approximately $6,200/month
Type 21 Off-Sale Liquor License
Established business location
Potential upside for investors and operators
Convenient San Diego County location
The sale of the property is subject to the seller successfully completing a 1031 exchange.
Please do not disturb the occupants or employees. Showings are by appointment only.
For additional information regarding the business opportunity, interested parties must complete a Non-Disclosure Agreement (NDA) and provide proof of funds.
For more information, please call: Thomas Garmo @ 619-922-6600
Excellent opportunity to acquire a mixed-use investment property featuring a well-established liquor store building and a detached single-family residence.
The liquor store building is approximately 1,600 sq. ft. and is currently leased at $3,600 per month. The detached home is approximately 860 sq. ft., featuring 2 bedrooms and 1 bathroom, and is currently rented for $2,600 per month.
This property offers strong income potential with two separate rental streams and long-term upside for investors or owner-users.
In addition, the liquor store business is available for purchase separately at $350,000 plus inventory and includes a valuable Type 21 Off-Sale Liquor License.
Property Highlights:
Mixed-use investment opportunity
Liquor store building + detached residential home
Approx. 1,600 sq. ft. commercial building
Approx. 860 sq. ft. residential home
Current combined rental income of approximately $6,200/month
Type 21 Off-Sale Liquor License
Established business location
Potential upside for investors and operators
Convenient San Diego County location
The sale of the property is subject to the seller successfully completing a 1031 exchange.
Please do not disturb the occupants or employees. Showings are by appointment only.
For additional information regarding the business opportunity, interested parties must complete a Non-Disclosure Agreement (NDA) and provide proof of funds.
For more information, please call: Thomas Garmo @ 619-922-6600
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,300 SF
Building Class
C
Year Built
1968
Price
$1,972,739 CAD
Price Per SF
$857.71 CAD
Cap Rate
5.10%
NOI
$100,610 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
0.18 AC
Zoning
C-2
Parking
6 Spaces (2.61 Spaces per 1,000 SF Leased)
Frontage
67’ on Broadway
Amenities
- Signage
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 571-153-04 | Improvements Assessment | $261,764 CAD |
| Land Assessment | $349,024 CAD | Total Assessment | $610,788 CAD |
Property Taxes
Parcel Number
571-153-04
Land Assessment
$349,024 CAD
Improvements Assessment
$261,764 CAD
Total Assessment
$610,788 CAD
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670 Broadway
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