140 Hawthorne StFallbrook, CA 92028

Property Details for 140 Hawthorne St

Year built

1930

Lot size

0.08 AC

Property size (Sq ft)

1,088 SF

Zone code

COMMERCIAL

Property type

Retail properties

Property subtype

Retail space

APN

103-263-21-00

APU

1032632100

Description

This exceptional mixed-use property, located at 140 Hawthorne Street in Fallbrook, California, presents a unique investment opportunity. Spanning nearly 1,100 square feet on a 0.17-acre lot, this single-story building offers a flexible layout ideal for a variety of businesses. Currently configured as a professional tax office, the interior features an open floor plan, a kitchen, and one bathroom. Dividing walls allow for easy reconfiguration to meet specific business needs. The property's FBV2 zoning ensures versatility and potential for various uses. Situated on the corner of West Hawthorne and Pico Streets, this property benefits from high visibility and significant foot traffic, adjacent to a well-established local restaurant. The exterior is well-maintained, boasting excellent curb appeal, complemented by a welcoming front porch and a private back patio, perfect for client meetings or outdoor seating. The turnkey condition of the property allows for immediate occupancy and operation, minimizing upfront investment and maximizing return. This is an exceptional opportunity to establish a thriving business in a vibrant and growing community. The property is offered at $679,000.

• CAP approach

  CAP return

  Valuation

  6%

  $357,642

  6.5%

  $330,131

  7%

  $306,550

• Comparable approach

  Method

  Valuation

  Relative Method

  $452,094

  Geo Method

  $965,017

• Alternative Use

  Use

  Valuation

  Residential

  $278,478

  Hospitality

  $255,084

  Educational

  $212,227

  Medical

  $219,526

  Retail

  $330,131

Location Insight

City

Fallbrook

County

San Diego

State

California

Latitude

33.3827

Longitude

-117.252

CBSA code

41740

CBSA name

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

Property Tax & Assessments

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