9317 Shadow Hill Rd Local commercial 372 m² À vendre Santee, CA 92071 1 577 196 € (4 244,20 €/m²)

REDEVELOPMENT OPPORTUNITY for COMMERCIAL STRIP– 9317 Shadow Hill Rd., Santee, CA 92071
with existing ±2,400 SF Restaurant on ±15,000-17,000 SF (0.34 AC) Rear Parcel Portion Only | Offered at $1,600,000 – $1,800,000
(Subject to Subdivision by Close of Escrow) DEVELOPERS should look to the City for an Up-Zone to the back portion for Multifamily or Mixed-Use with the help of SB-684. Nearby property similar in size of the back portion was approved for 17 Townhomes at 8932 First Avenue. Project was approved in 6 months.
This property presents a rare opportunity in Santee under unique sale conditions. The offering consists of the rear half of a larger parcel totaling +/- 31.368 SF (0.72 AC). The for sale portion is approximately 15,000-17,000 SF (0.34 AC), and includes a ±2,500 SF second-generation restaurant space. The sale is contingent upon a successful subdivision, as the entire parcel is not being sold at this price. There is currently NO MAP SUBMITTED and the specifics of the subdivision will be dependent upon offering price. The lot will presumably be split directly behind the store that has frontage on Woodside Ave going from Shadow Hill Rd to east wall of parking lot abutting Multifamily. See primary photo as example only. Exact number of square feet of remaining lot will be determined and based upon surveyor and map prepared. Subdivision will only begin with an accepted offer.
The restaurant space is located at the back portion of the lot with its own frontage on Shadow Hill Rd., featuring ample parking (approximately 25 stalls reserved on site and 25 stalls unreserved street parking) and multiple points of ingress and egress from three different arterial and collector roadways including two driveways off multifamily alleyway entrance of Taffy Lane, (currently) two driveways off Shadow Hill Road and also, two driveways from frontage Woodside Avenue. The site sits on a highly visible corner with direct highway exposure and just down the street from neighborhood Shadow Hill Park. The surrounding neighborhood is primarily residential, with very few commercial amenities within a one-mile radius, making this a prime opportunity for a new retail strip, neighborhood restaurant, or other community-serving commercial uses.
Lease Details:
The existing lease is in its final year, expiring in May 2026, allowing a potential investor or owner/user to initiate subdivision and submit
redevelopment plans to the city during the lease term.
Sale Conditions:
• Offering Price: $1,600,000 – $1,800,000
• Subject to Subdivision by Close of Escrow (COE)
• Entire parcel is ±31,368 SF (0.72 AC)- The AREA FOR SALE will be approx. 0.34 AC
• Only the rear ±15,000 SF portion is included in this sale
• This portion will receive a separate APN upon subdivision
• Property has separate access/frontage from Shadow Hill Rd., Access from Taffy Lane, Access from Woodside Ave.- 6 Driveways- Subject to Change with Redevelopment According to Building Architecture & Plans Submitted
• Seller may complete subdivision at the right price or negotiate cost-sharing based on offer terms
This offering is ideal for investors or owner/users looking to re-imagine a neighborhood commercial asset in a growing residential area with limited existing services.
Directions:
52 East to N. Magnolia, Rt on Woodside Ave, stay to right follow under HWY67, one block past signal, right on Shadow Hill Rd.
Disclaimer:
This offering price is for Shadow Hill Rd. address ONLY WITH A SUBDIVISION BY COE. Different provisions and pricing if someone wants to buy the entire parcel with both addresses including Woodside Ave. Price Undisclosed. Seller may or may not consider a sale of the entire property.DO NOT DISTURB TENANT- TENANT HAS FIRST RIGHT OF REFUSAL OF ALL OFFERS PER LANDLORD AND IS NOT AWARE OF PUBLIC MARKETING.