For Sale
$5,990,950

10149 Channel RdLakeside, CA 92040

17,117 SF Flex/Warehouse, Owner-User Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 17,117-square-foot industrial flex warehouse building in Lakeside, California, presents a rare owner-user opportunity. Located on approximately one acre of land at 10149 Channel Road (APN 394-011-13-00), this single-story structure boasts a 16-foot ceiling height and ample parking for 25 vehicles. Built in 1978 and extensively renovated in 2023, the property features a new parking lot, a new torch-down roof (with partial plywood replacement), updated landscaping, fresh exterior paint, and new signage. The property is zoned S-88 and offers significant in-place income, minimizing occupancy costs for a new owner-user. This translates to a low cost per square foot, making it an attractive investment. The building's prime location offers excellent freeway access via the 67 freeway, providing easy connections to major San Diego freeways (52, 125, and 8) and key areas like Downtown San Diego, the seaport, and naval yards. Furthermore, the property benefits from its proximity to a wealth of retail amenities, including major national retailers within a two-mile radius, and is less than five miles from Mission Gorge Square, a large shopping mall in Santee. East County's exceptionally low vacancy rate (under 1%) further underscores the property's strong investment potential and anticipated appreciation. This owner-user opportunity combines immediate income generation with long-term investment growth in a thriving San Diego market.

Highlights

  • Rare owner-user opportunity: Partially leased industrial building offering low occupancy costs due to existing income and tax benefits.
  • 2023 renovations include new parking lot, roof (with partial plywood replacement), landscaping, exterior paint, and signage.
  • Excellent location in East County, San Diego, a market with extremely low vacancy rates (under 1%) and strong appreciation potential.

Property Details for 10149 Channel Rd

Property type
Warehouses, Industrial properties
Square Feet
17,117 SF
Year Built/Renovated
1978/2023
Buildings
1
Stories
1
Lot Size (sq. ft)
43,560 SF

Location Insight

City
Lakeside
County
San Diego
State
California
Latitude
32.8618038
Longitude
-116.9259473
10149 Channel Rd, Lakeside, California

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10149 Channel Rd
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