3050 Pio Pico Drive, Carlsbad, CA 92008

$5,995,000

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List Price
$5,995,000
Status
ACTIVE
MLS#
NDP2606206
Year Built
1973
Lot Location
Near Public Transit, Paved, Street Level, Value In Land
Days on Market
30
Property Type
Commercial
Property Sub Type
Unimproved Land

Property Description

Prime Development Opportunity in Carlsbad California 35,719 SQFT of FLAT lot in close proximity to I-5 Freeway. Ideal location for a Motel mixed use development. Within a short walking distance to the Village of Carlsbad. Feasibility study is attached. Property has a parking sharing agreement with next door property, see attachment. The two restaurants have 5 year leases but one of them owes back rents due to COVID. Property is sold "AS IS' no inspection contingency. The Listing Agent has ownership interest in the property

Additional Information

Heat
Forced Air
Cooling
Yes
Cooling Description
Central Air
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$291,305
Operating Expense
174060

Listing courtesy of Listing Agent: Robert Azimi (behzadazimi2000@yahoo.com) from Listing Office: Petrone Properties, Inc.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.