1041-1047 University Ave - Storefront Retail/Office FOR SALE


San Diego, CA 92103- Uptown San Diego
$4,100,000 USD
619-994-2817
1041-1047 University Ave, San Diego, CA for Sale
$4,100,000 USD
Storefront Retail/Office - FOR SALE
1/11
null | Request Cap Rate

1041-1047 University Ave
San Diego, CA 92103
Uptown San Diego


HIGHLIGHTS

  • PRIME RETAIL LOCATION
  • MILLS ACT DESIGNATED HISTORIC BUILDING
  • HIGH TRAFFIC | EXCELLENT VISIBILITY
  • OWNER-USER OR VALUE ADD INVESTOR OPPORTUNITY

OVERVIEW

CBRE is proud to present a compelling investment opportunity in a two-story retail building located at 1041 -1047 University Avenue, San Diego, CA, located in the heart of Hillcrest, one of San Diego’s most vibrant and densely populated urban neighborhoods. ›Prime Hillcrest Location: Strategically positioned in Hillcrest, a vibrant and high-traffic urban core, the property guarantees significant foot traffic and exceptional visibility. ›Restaurant-Ready Space with Inviting Outdoor Patio: This exceptional opportunity offers a turnkey solution for restaurateurs, featuring a fully-equipped former restaurant space with hood system, complemented by a highly desirable and spacious outdoor patio. Capitalize on existing infrastructure while attracting customers with an al fresco dining experience, enhancing capacity and appeal in a prime location. ›Owner-User Opportunity with Favorable Financing: For owner-users, the property presents an exceptional opportunity to acquire the building with only 10% down through SBA financing.

FOR SALE DETAILS

PRICE

$4,100,000 USD

PRICE/SF

$506 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,996 SF

ZONING

CC-3-8

APN/PARCEL ID

452-156-16

ASK ABOUT THIS PROPERTY

Reg KobziCBRE, Inc.More Info
619-994-2817

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Reg KobziCBRE, Inc.More Info
619-994-2817

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.