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$825,000

Est. payment - /mo

Price Dropped by $25K

159 W 5th AVE Escondido, CA 92025

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Tom Papoulias

tom@tompapoulias.com +1(760) 518-6552

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Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID NDP2500637

HOA Y/N No

Year Built 1938

Annual Tax Amount $4,656

Lot Dimensions Public Records

Property Sub-Type Office

Property Description

** Price Improvement!** Prime Commercial Office Space with development opportunity in Historic Downtown Escondido. Welcome to 159 W. 5th Ave, a unique commercial office space nestled in the heart of Escondido's historic district. Originally constructed in 1938, this charming property has been thoughtfully converted from a single-family residence into a functional office environment, seamlessly blending classic architecture with modern amenities. Property Highlights: Size & Layout: The building encompasses approximately 967 square feet, providing an efficient layout suitable for various professional uses. Think consulting services (CPA/architecture/financial planner), Attorney, dentist, physical therapy, salon/barber. The interior includes multiple rooms that can serve as private offices, meeting spaces, or collaborative work areas. Lot Features: Situated on a generous 6,946 square foot lot, the property currently only occupies half of the parcel. The expansive lot extends to alley access, providing additional convenience for parking or deliveries. The fenced lot behind the home offers ample space for potential expansions, off street employee parking, or development opportunities. A quick look around the neighborhood gives you an idea of the endless possibilities. Location: Positioned on a corner lot, this office benefits from high visibility and accessibility. It's within walking distance to local amenities, including shops, restaurants, and the California Center for the Arts, making it an ideal location for businesses seeking a vibrant community atmosphere. Historical Charm: As part of Escondido's historic district, the property retains its classic cottage-style architecture, featuring a charming white picket fence and period-specific design elements that add character and appeal. Additional Information: The property has been extensively/smartly/thoughtfully/meticulously updated over the years, including remodeled baths, new HVAC system, 6-line phone system, enhancing both comfort and functionality. This versatile space is perfect for businesses looking to establish a presence in a historic and bustling part of Escondido. Whether you're a startup, a growing company, or an established firm, 159 W 5th Ave offers a unique blend of historical charm and modern convenience to support your business endeavors. While also affording you the opportunity to develop the back lot into even more income generating possibilities. Don't miss this opportunity to make 159 W 5th Ave the new home for your business!

Location

State CA

County San Diego

Area 92025 - Escondido

Zoning R-1-6 with an General Com

Interior

Inclusions American Security system available to take over if wanted. TPX 6-line phone system available to take over as well. Zoning from the city is R-1-6, but take a look at the neighborhood and you will see that there are a lot of opportunities to expand.

Fireplace No

Exterior

Utilities Available Overhead Utilities

Building

Lot Description Corner Lot, Front Yard, Level, Near Public Transit, Sprinkler System, Street Level

Story 1

Others

Tax ID 2332510100

Acceptable Financing Cash, Conventional, Government Loan

Listing Terms Cash, Conventional, Government Loan

Special Listing Condition Standard

Listed by Lisa Barr • Coldwell Banker West • lisa@thecreadvisors.com

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Tom Papoulias

Vice President, Coldwell Banker West Commercial | License ID: 01145581

+1(760) 518-6552

159 W 5th AVE Escondido, CA 92025

Tom Papoulias

Key Details

Location

Interior

Exterior

Building

Others

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159 W 5th AVE