Value in Land: This is a fantastic opportunity for buyers or investors to acquire a prime lot in the heart of Imperial Beach, located just steps from the iconic pier on Seacoast Drive. The land is perfectly situated for a variety of uses, including restaurants, condos, small businesses, and more. Zoned as "C/MU-2" 1 unit per 1200 SqFt of lot. Currently, the property includes a shell shop that is closing with this sale. While all inventory will be removed, the building itself will remain. Additionally, there is a small weathered shed and antenna on-site, which is currently under an active lease Verizon contract. The lease provides a steady monthly income of $2,800 and runs through May 31st, 2029. The buyer must continue the lease. This is an incredible chance to develop in one of the most desirable locations in Imperial Beach. Don't miss out on this rare opportunity! Buyer & Buyers agent to verify all property characteristics; MLS information deemed to be reliable, but not guaranteed.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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