CA > Spring Valley
Spring Valley, CA 91977,9141 Campo Road
Spring Valley, CA 91977,9141 Campo Road
Spring Valley, CA 91977,9141 Campo Road
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Listed by Mike Habib • Coldwell Banker Realty
$1,300,000
Est. payment /mo
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4,000 SqFt
Active

9141 Campo Road Spring Valley, CA 91977

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Kenneth Er

Kenneth Er

+1(510) 828-8572

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $325

MLS Listing ID CRPTP2504943

HOA Y/N No

Year Built 1952

Property Sub-Type Mixed Use

Source Datashare California Regional

Property Description

The property known as the Bancroft Bar and it's adjoining residential unit is on two parcels with the structures straddling both. The bar has been operating since the 1950s and continues to atract a wide array of customers due to its music venue reputation, neighborly vibe and myriad entertainments. The bar business is not owned by the property owner. The actual year built is unknown and the building size is estimated (bar portion 3,000 sf). There are three restrooms, multiple entries/exits and ventilation. The rear residence has a two bedroom/two bath home with window AC and mini splits. Approximately 16 cars park along the side street (Willowside Lane) and in front of the bar. Additional vehicles may be parked inside the rear residence fence. The cap rate is estimated at 5.5% for the scheduled actual income of both tenants. The western side of the property has a county maintained water overflow canal. The site is well located at the base of Casa de Oro near the Hwy 94 and MTS bus route 855.

Location

State CA

County San Diego

Interior

Fireplace No

Bay East AOR and Contra Costa AOR
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Kenneth Er

Agent | License ID: 01942269

+1(510) 828-8572

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