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IB Strip Center For Sale 932-938 Palm Avenue 2,300 SF 100% Leased Retail Building Imperial Beach, CA 91932 $1,499,234 CAD ($651.84 CAD/SF)
Investment Highlights
- 4 UNIT RETAIL OR OFFICE STRIP CENTER
- 9 REAR PARKING SPACES AND A SHORT DISTANCE TO THE BEACH
- STRONG SIGNAGE VISIBILITY AND TRAFFIC COUNTS
- 50 FEET OF FRONTAGE ON PALM AVENUE
- POTENTIAL OWNER-USER OR INVESTOR OPPORTUNITY
- POTENTIAL SBA FINANCING
Executive Summary
The Franco Realty Group is proud to exclusively present the retail property located at 932–938 Palm Avenue in Imperial Beach, California for sale. This 4-unit neighborhood retail strip center is situated along one of Imperial Beach’s main commercial corridors and presents a rare opportunity for both investors and owner-users. The property currently features one vacancy and three short-term leases, creating immediate upside and flexibility for an owner-user to occupy the building or reposition the tenant mix. The property benefits from strong visibility and convenient access along Palm Avenue, a heavily traveled thoroughfare serving the surrounding residential neighborhoods and coastal community. With limited retail inventory in the area and increasing demand from local businesses, this offering presents a unique opportunity to acquire a well-located commercial asset in the growing South Bay market. For more information and a full Offering Memorandum, please contact the Franco Realty Group.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
2,300 SF
Building Class
C
Year Built
1900
Price
$1,499,234 CAD
Price Per SF
$651.84 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.44
Lot Size
0.12 AC
Zoning
C/MU-1
Parking
9 Spaces
Walk Score®
Very Walkable (88)
Bike Score®
Very Bikeable (74)
Nearby Major Retailers
Property Taxes
| Parcel Number | 626-212-32 | Improvements Assessment | $191,104 CAD |
| Land Assessment | $96,359 CAD | Total Assessment | $287,462 CAD |
Property Taxes
Parcel Number
626-212-32
Land Assessment
$96,359 CAD
Improvements Assessment
$191,104 CAD
Total Assessment
$287,462 CAD
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IB Strip Center For Sale | 932-938 Palm Avenue
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