7918 Broadway Lemon Grove, CA $ 799,000
7918 Broadway
$ 799,000
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7918 Broadway

Lemon Grove, CA, 91945
$ 799,000
Bedrooms-- Baths--

Monthly Estimate*

$ 4,920

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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.

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Commercial Active

Price

$ 799,000

Property Type

Commercial

Taxes

$ 0

Style

Commercial-Off/Rtl/Ind

Town/City

Lemon Grove

County/Region

San Diego

MLS | Web ID

260001527

Features
General
Year Built 0
Property Subtype Commercial-Off/Rtl/Ind
County San Diego
Operating Expense 11327.0
New Construction N
Property Type Commercial Sale
HOA N
Attached Garage N
Status ACTIVE
City Lemon Grove
Senior Community Y/N N
Number Of Units Total 2
MLS Area East County
Lot Size Units Acres
Property Attached Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/snd/250027958
Building Area Units Sqft
Living Area Units Sqft
Standard Status Active
Total Actual Rent 4900.0
Cap Rate 6.09
Freehold IDX
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Exterior
Lot Size Area 0.0
Building Area Total 0.0
Waterfront Y/N N
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Interior
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Half Baths 0
Total Bedrooms 0
Total Baths 0
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* Excluded Features
List By
Max W Reynolds

Listing Agent

Reynolds Property Management

Broker

(619) 672-9970

Phone

Affordability Calculator

$4,920
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,920
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
281193 Elementary School
281006 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/21/2026$799,000 Listed Price

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7918 Broadway, Lemon Grove, CA, 91945 is a Commercial Property for sale at $799,000. The property's zip code is 91945 which is in Lemon Grove, CA