8203 Winter Gardens Blvd, Lakeside, CA 92040 | 210031483 | Vista Sotheby’s International Realty

8203 Winter Gardens Blvd $2,150,000

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    8203 Winter Gardens Blvd Lakeside, CA 92040

    • 0.69 Acres
    • Commercial Lease
    • MLS# 210031483
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    Views: 55 Days On Market: 54

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    Property Details

    Description Tours

    The subject property has two different establishments onsite. One is a bar with a Type 48 ABC license (liquor only!) that you can take over and operate the business yourself, or rent it out to another tenant. The other is a drive thru restaurant called Wings & Mex and they are paying a monthly base rent for a couple years. This is a VERY unique opportunity to operate a bar AND own the real estate, while collecting rent from the drive thru. Or just rent it all out and collect a great rate of return or cap rate. There is also tremendous upside potential in the development of the property since it sits on approx 30,108 sqft of land. The two parcels of land are: 388-552-17-00 and 388-552-18-00 Please do not disturb the tenants.

    • General Features
      • Buyer Compensation 2.000 %
      • County Or Parish San Diego
      • Number Of Buildings 2
      • Number Of Units Total 2
    • Property Features
      • Lot Size Acres 0.69
      • Parking Total 0.00

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    Neighborhood

    92040 (Lakeside) Demographics

    40 Median Age
    680 Population Density (per sq. mile)
    34% College Educated
    $83,692 Estimated Median Income
    9,949 Estimated Total Home Owners
    5,073 Estimated Total Renters
    66% / 34% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    45,392 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $722,500 Median Sales Price
    44 Homes Sold
    110 New On Market

    Average Days on Market

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $2,150,000
        5/4/2022 4:17:10 PM Status Changed Source: Multiple Listing Service New Value: Pending
        3/9/2022 2:16:56 PM Status Changed Source: Multiple Listing Service New Value: Active
        11/16/2021 5:34:00 PM New in Database Source: Multiple Listing Service New Value: $2,150,000

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        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Based on information from California Regional Multiple Listing Service, Inc. as of 6/28/2022 4:49:11 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.