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1015 Chestnut Ave
Carlsbad, CA 92008

$655,000 USD

Office Condo For Sale  •  1,455 SF

Property Details

  • Property Type Office
  • Total Building Size 11,560 SF
  • Lot Size 0.39 AC
  • Building Class C
  • Year Built 1984
  • Cap Rate 4.87 %
  • Tenancy Multiple
  • Zoning C-6
30 Transit Score
71 Walk Score

1 Unit Available

Name Condo Use Size Price Details
3rd Floor - Unit E3 Office 1,455 SF $655,000 USD
  • Unit Size: 1,455 SF
  • Condo Use: Office
  • Price: $655,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $450.17 USD
Description
The space consist of 1,455 square feet on 2 separate parcels (802sf & 653sf) with the potential to break them up if needed/wanted. The current buildout & floorplan is for the entire 1,455sf and that is what is for sale.  The current floorplan has 1 oversized office that used to be 2 offices, 1 conference room that could be a private office, 1 additional private office, a reception waiting area and a reception work area.  There are both covered and uncovered parking available.  The parking is currently "open parking" and parking has not been a problem.  If the HOA votes to enforce the existing parking plan the space will have 3 parking spaces.

Sale Notes
Submit all offer by January 31st, 2025..

Description

Stop paying rent to someone else, or grow your business and stop working out of your house and take advantage of this great opportunity to purchase an office condo for your business and take control of your real estate related expenses for many years to come. See the linked own vs rent analysis, which shows how you could benefit by owning compared to leasing your office space. This well maintained building was built in 1984, has a great location close to the charming and always evolving Carlsbad Village and has convienient freeway access via th I-5 and 78 Fwy's. It's close to housing, shopping, entertainment, north county employment centers along with a good mix of existing tenants and owners to network with and create synergy & growth for your business. Suite E 3 is on the 3rd floor on the east side of the building away from the freeway and there is an elevator for the tenants and their guests convenience.  The rooftop area is leased to 2 telecom companies, which generates income to the owners and offsets the properties operating expenses by around 50%.

Highlights

Great Location Close to Carlsbad Village, Convenient Freeway Access & Close to Many Amenities
Office Condo Ownership Helps Maintain Low & Consistent Real Estate Costs for your Business
Create Synergy & Growth for your Business by Networking with other office condo business owners
The rooftop area is leased to 2 telecom companies, which generates income and offsets the operating expenses by around 50%

Property Flyers

Financial Summary

Cap Rate: 4.87 %
Total Expenses: $0 USD

Amenities

  • 24 Hour Access
  • Wheelchair Accessible
  • Natural Light
  • Reception
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Carlsbad Village (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze)) 3 min - 1.1 mi
Oceanside Transit Center (Orange County Line - Southern California Regional Rail Authority (Metrolink)) 9 min - 4.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 14
Type: Surface
Included in Rent: Yes
Keith Courtney 858-472-1429 Apartment Consultants, Inc.
Keith Courtney 858-472-1429 Apartment Consultants, Inc.