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Dallas Woodring
CA BRE 00893014

Phone: 760-500-1456
Email: dallas@dallaswoodring.com
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Listing 23 out of 366
$1,800,000 For Sale

507 S Main Ave
Fallbrook, CA 92028

13 units |

lot: 1.15 acres
Commercial/Industrial: Office Lease, Retail Lease - MLS# 190027682
Property Photo
1/22

Description

Heritage Square is a Main Avenue shopping plaza in the heart of historic downtown Fallbrook. Approx 7,884 sqft in multiple retail buildings on 1.15 acres of commercial land. Strategically positioned with full city block frontage within close proximity to national retailers and accessibility of both I-15 and Highway 76. Multi-purpose complex includes 5 separate parcel numbers and 13 rental units with no current vacancies; landmark restaurant, hair salon, barbershop, dog groomers, yoga studio, car lot, storage yard and offices. Courtyard deck and staircase to the lower shops was recently rebuilt.

Features

  • Property Type: Commercial/Industrial
  • Sub Type: Office Lease, Retail Lease
  • Listing Status: Active
  • County/Area: San Diego County
  • Zip Code: 92028
  • Units: 13 units
  • Lot Size: 1.15 acres
  • Actual Gross Schd Income: 121776
  • Actual Operating Expense: 18156.00
  • Cap Rate Actual: 5.6
  • Construction: Frame
  • Listing Area: FALLBROOK (92028)
  • Price per SqFt of Imp: 235.65
  • SqFt of Improvement: 7884
Courtesy of Pacific Sotheby's Int'l Realty

Testimonials

Thanks for all your help in making our "dream home" a reality. We really appreciated that you went the extra mile to get us the best price for our home. You are truly a professional. Uriah Jones
In all our dealings with Realtors over the past ten years, we have never met anyone as helpful and energetic as you have been. Without hesitation, we would highly recommend your service to anyone who is looking for an experienced Realtor who cares about getting things done and doing them right! Thanks for taking such good care of us, we couldn't have done it without you! Jason Smithers
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