7051 Alvarado Rd La Mesa, CA $ 8,000,000
7051 Alvarado Rd
$ 8,000,000
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7051 Alvarado Rd

La Mesa, CA, 91942
$ 8,000,000
Baths0.0 Sq 10,000

Monthly Estimate*

$ 55,882

Listed by Coldwell Banker West
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Studio

Commercial Property for sale in La Mesa, CA

for $8,000,000. This 10,000 square foot building was built in 1980.

Discover the Ultimate Investment: Prime Medical Building on Interstate 8 in La Mesa. Presenting an extraordinary opportunity to own a highly visible, freeway-oriented medical building on Interstate 8 at the 70th Street on-ramp, in the City of La Mesa. Perfect for owner-user or an investor. This immaculate 2 story, 10,000 square foot property stands out as a beacon of excellence, capturing the attention of approximately 170,000 passing vehicles daily. A rare gem in the market, this well-maintained medical building offers more than just a space—it provides a unique chance for "FREE ADVERTISING" with your business prominently exposed to the vast flow of freeway traffic. 2,500sf of the bottom floor is currently leased to a surgical center, providing synergy to building and offering in place income for an investor or owner/user. The seller currently occupies the entire 2nd floor. Seller could either vacate for owner/user, create new lease and remain for an investor and/or downsize to the smaller 2,500sf space on the 1st floor depending on the buyer’s needs. The building has an elevator. Convenient amenities surround the area. Enjoy the luxury of walking to quality restaurants, and businesses providing a perfect blend of work and lifestyle. Your staff and clients will appreciate the ease of access to dining options in the immediate vicinity. Minutes from San Diego State University and additional medical buildings and hospitals. Eliminate parking concerns with ample free parking available on-site, with a total of 45 spaces. This feature enhances the overall accessibility and convenience for both medical practitioners and visitors. Great Freeway Signage. Maximize your business visibility with prominent freeway signage, ensuring that your brand stands out and remains top-of-mind for passing commuters.

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Commercial Active

Price

$ 8,000,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Office

Year Built

1980

Town/City

La Mesa

County/Region

San Diego

MLS | Web ID

PTP2305651

Days on Market

184

Features
General
Zoning CM-F-D
HOA 0.0
Year Built 1980
Property SubType Office
Additional Parcels Description 469-011-30-00
County San Diego
Net Operating Income 0.0
Operating Expense 0.0
Insurance Expense 0.0
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Building Features Elevators
Special Listing Conditions Standard
Status Active
Directions 8 East exit 70th/Lake Murray Blvd
City La Mesa
View Y/N N
Senior Community Y/N N
Total Units 1
MLS Area 91942 - La Mesa
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Alvarado Rd
Listing Terms Cash Conventional Item1031Exchange
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Trash Expense 0.0
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2305651
Days on Market 32
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Property Sub Type Additional Office
Cap Rate 4.1
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Exterior
Lot Features NearPublicTransit
Water Source Public
Total Parking 0.0
Lot Size Area 38391.0
Number of Buildings 1
Spa N
Building Area Total 10000.0
Lot Size Source PublicRecords
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Entry Level 1
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 7051
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* Excluded Features
List By
Coldwell Banker West

Broker

(619) 987-5498

Phone

Affordability Calculator

$55,882
Per Month
100%
0%
0%
Monthly Principal & Interest
$55,882
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/15/2023$8,000,000 Listed Price

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7051 Alvarado Rd, La Mesa, CA, 91942 is a Commercial Property for sale at $8,000,000 with 10,000 sqft. 7051 Alvarado Rd is a studio with 0.0 baths and was built in 1980. The property's zip code is 91942 which is in La Mesa, CA