After 7 years on the market, with 6 failed escrows including Local and National developers who were all trying to change the zoning and land use to a charter school, multi-family, self-storage, car wash, and gas station with C-store including alcohol.
"These uses always hit road-blocks with the planning department and City council members of Vista, but we finally found an exchange buyer who was willing to land-bank for now and consider a medical use or Gas Station without Car Wash and Alcohol in the future", states Vince Provenzano, President of Brokerage at Pacific Coast Commercial.
PROPERTY ADDRESS
Address: 220-248 N. Melrose Drive, Vista, CA 92083
APN:164-082-10-00& 164-082-55-00 & 164-082-56-00
REPRESENTATION
Seller Representation: Vince Provenzano
Broker Rep: Pacific Coast Commercial
SALE DETAILS
Property Type: Three Adjacent Vacant Land Parcels
Square Footage: Approx. 2.08 Acres
Sale Price: $1,375,000
Seller Name: GCO
Buyer Name: Hassan Kiannasr, Ghazal Shahbazi
Close of Escrow Date: 5/19/2021
Escrow and Title Company: First American
Financing: Cash
Contact Vince Provenzano for More Details (619) 469-3600
Vince Provenzano
President of Brokerage
Vince@PacificCoastCommercial.com
Lic. 00780182
