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Building on S. Mission in Fallbrook sold

Thursday, March 11, 2010
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The approximately 3,500-square-foot commercial/office building at 1309 S. Mission Road in Fallbrook 92028, has been sold for $860,000.

The buyers were Timothy J. and Michele L. Coen, 2644 Via Alicia, Fallbrook 92028.

The acquisition was financed with a loan of $600,000 from an individual trust.

The property seller (assessor's parcel 104-200-78) was Doc Holliday, LP, a California limited partnership with RMS Inc. as partner. James H. Tudor is president of RMS.

The free-standing, one-story building was constructed in 2005 on an approximately one-third-acre lot.

Although currently occupied by medical tenants, the property is zoned for general commercial uses, such as retail sales and services.


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