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Rare opportunity to acquire a fully renovated, multi-tenant retail property in the heart of downtown Lemon Grove. The subject property consists of two ±750 SF suites (±1,500 SF total) on a ±3,265 SF lot, each with in-suite restrooms and separate entrances. The building was originally constructed in 1954 and substantially renovated in 2022. The property is 100% leased to established local tenants on leases running through 2027, providing immediate and stable cash flow. Current rents are $2,450 per month per suite, generating approximately $58,800 in annual gross income. Tenants pay all utilities, keeping expenses low for ownership. Located along Broadway, one of Lemon Grove's primary commercial corridors, the property benefits from excellent street visibility and strong daily traffic exposure. A 96-space public parking lot is located directly behind the building with rear access for customers and tenants. The asset is positioned just two doors down from the newly completed Kelvin mixed-use development, featuring 66 luxury apartment units. This nearby project adds a built-in, higher-income customer base to the surrounding retail environment.
Property Type(s):
Commercial
| Last Updated | 1/20/2026 | Year Built | 0 |
|---|---|---|---|
| Community | 91945 - Lemon Grove | County | San Diego |
Additional Details
| AIR CONDITIONING | Yes |
|---|---|
| AREA | 91945 - Lemon Grove |
| HEAT | None |
| LOT | 0 |
Location
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Listed with Reynolds Property Management
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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