269 3Rd AveChula Vista, CA 91910

Property Details for 269 3Rd Ave

Year built

1945

Lot size

0.06 AC

Property size (Sq ft)

2,600 SF

Zone code

COMMERCIAL

Property type

Retail space

APN

568-161-07-00

APU

5681610700

Description

This exceptional 2,600 square foot street-front retail space is ideally situated in Chula Vista's vibrant Third Avenue Village, a historically significant and newly renovated architectural district. The property offers a single-tenant occupancy in a thriving area experiencing a renaissance in the arts, craft breweries, and unique boutiques and eateries. Located on the west side of Chula Vista, this location benefits from its position within one of the most culturally, economically, and environmentally diverse regions in the United States. Chula Vista, the second-largest city in San Diego County, has proactively invested in infrastructure and economic development initiatives, fostering a strong consumer base and a highly skilled workforce. This strategic location provides unparalleled access to a rich and growing market. The property's street-front positioning ensures high visibility and accessibility for customers. This is a rare opportunity to establish a business in a dynamic and rapidly developing area with significant growth potential. The property's size and location make it suitable for a wide range of retail businesses seeking a prominent presence in a thriving community. The Third Avenue Village's unique character and the city's commitment to economic growth make this an exceptional investment opportunity. This space is perfect for businesses looking to capitalize on the area's burgeoning cultural scene and strong consumer base.

• CAP approach

  CAP return

  Valuation

  6%

  $801,153

  6.5%

  $739,526

  7%

  $686,702

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,060,400

  Geo Method

  $2,306,108

• Alternative Use

  Use

  Valuation

  Residential

  $623,818

  Hospitality

  $571,414

  Educational

  $475,409

  Medical

  $491,759

  Retail

  $739,526

Location Insight

City

Chula Vista

County

San Diego

State

California

Latitude

32.6425

Longitude

-117.08

CBSA code

41740

CBSA name

SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].