Looking for property to invest in and develop in Downtown Vista? If so, 2.71 acres are on the market located at 165 Eucalyptus Avenue, the current home of New Community Church. The asking price for the property and buildings is $7 million with offers being accepted by April 2nd. The property has a MU-40 zoning which would allow 40 dwelling units per acre. There is a potential for 147-163 units that could be incorporated on the land. The property is located in the Downtown Specific Plan-Historic Downtown District. The mixed-use designation will help create a more lively neighborhood with daily activities in walking distance.
Currently on the property is a large parking area and four buildings with approximately 40,173 square feet. The property has a unique circular shape with Park Avenue wrapping the property intersected by Eucalyptus Ave., Indiana Ave., and Oceanview Drive.
Information about this property came out online from Lee and Associates, located in Carlsbad.
Inquiries were made to Lee and Associates and the church about the property but to date no responses have been received.
