858-717-1697
1300 Grand Ave, San Diego, CA for Sale
Retail - FOR SALE
1/8
null | Request Cap Rate

1300 Grand Ave
San Diego, CA 92109
Pacific Beach


HIGHLIGHTS

  • OWNER USER, INVESTOR OR DEVELOPER OPPOTUNITY
  • CURRENTLY BUILT AS ~3,000 SF MEDICAL OFFICE BUILDING
  • ZONED RM-2-5 - EXCELLENT MULTI FAMILY OR CONDO DEVELOPMENT OPPORTUNITY
  • SHORT TERM LEASE AGREEMENTS ALLOW FOR GREAT FLEXIBILITY
  • STRONG SIGNALIZED CORNER OF GRAND AVENUE AND FANUEL STREET, NEAR SAIL BAY AND THE BEACH
  • FIRST TIME ON THE MARKET IN DECADES!!!

OVERVIEW

The Franco Realty Group is proud to exclusively present the commercial property located at 1300 Grand Avenue E San Diego, CA 92109. The building size is approx. 2,928 SF and sits on a 5,719 SF of land. This is an excellent opportunity for an Owner-User, Investor or Developer to purchase a unique commercial property within Pacific Beach. The medical office building is leased to two tenants. One of the tenants is Natura - a beauty center that offers skin care and hair removal. The other tenant is Dr. Matthew Cowman DDS. Both of the tenants are on short term leases. This enables a business owner to purchase this property and operate their business out of this location. An Investor can adjust the base rent of the tenants to get an improved cash flow, while taking advantage of the land appreciation. For Developers, property is currently built as an office building and the zoning is RM-2-5!!! This means that a developer or a creative real estate investor can convert the office space into residential units or develop the property entirely into new apartments or condos. The subject property is located within the Complete Communities Zone! The property has about 5 onsite parking spaces and is located on the signalized corner of Grand Avenue and Fanuel Street. The property is within walking distance to the beach, Crystal Pier and the Sail Bay portion of Mission Bay. Please note that this sale does not include the property on the corner that also has the same address.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

PACIFIC BEACH MEDICAL OFFICE OR DEVELOPMENT

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Loft/Creative Space, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,719 SF

ZONING

RM-2-5

APN/PARCEL ID

423-171-21

ASK ABOUT THIS PROPERTY

Tony FrancoFranco Realty GroupMore Info
858-717-1697

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Tony FrancoFranco Realty GroupMore Info
858-717-1697

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