745 S Santa Fe Ave., Vista, CA 92083
- $1,895,000
- List Price
- $1,895,000
- Status
- ACTIVE
- MLS#
- NDP2604200
- Lot Size
- 15,246
- Acres
- 0.35
- Lot Location
- 0-1 Unit/Acre, 11-15 Units/Acre
- Days on Market
- 468
- Property Type
- Land
Property Description
The subject property is located off South Santa Fe Ave in the heart of downtown Vista, within the vibrant and well-known Vista Village, and presents a compelling opportunity within a designated Opportunity Zone. This designation offers potential tax advantages for investors, including deferral and possible reduction of capital gains, making the project especially attractive for long-term investment strategies. Conceptual design studies by a well-known architect have outlined a plan for a 39-unit mixed-use development, incorporating residential units along with ground-floor commercial space to complement the area’s walkable, urban character. The proposed design envisions a cohesive project that aligns with the ongoing revitalization of downtown Vista. A buyer may choose to capitalize on both the Opportunity Zone benefits and the groundwork already completed by the seller, moving forward with entitlements for the existing mixed-use concept, or explore alternative development approaches that maximize the site’s zoning and investment potential. Please contact Stevie Berman at (408) 202-0611 for more information.
Additional Information
- View
- None
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Steven Berman (sberman@lee-associates.com) from Listing Office: Lee & Associates.
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