This unique mixed-use property along Garnet Avenue in San Diego’s Pacific Beach neighborhood presents an exceptional investment opportunity. The asset comprises approximately 3,019 square feet across two stories on a 0.14-acre parcel, prominently positioned along one of the area’s busiest retail and dining corridors. The ground floor features an established restaurant tenant under a NNN lease scheduled through December 31, 2026, providing steady income and reduced landlord responsibilities. The second-story residential unit, currently vacant and previously utilized as a short-term rental, offers flexible income potential through either continued hospitality use or market-rate housing.
Situated just blocks from the Pacific Ocean, this property benefits from excellent visibility and consistent foot and vehicle traffic, reinforced by a dense local population and regional draw of Pacific Beach as a lifestyle destination. With CC-4-2 zoning, the property supports a variety of future mixed-use or redevelopment possibilities. Surrounding businesses include national brands, local restaurants, and essential services, making this a well-located asset with long-term upside for investors focused on stable income and coastal market appreciation.