1631-1637 Garnet Ave - Retail FOR SALE


San Diego, CA 92109- Pacific Beach
$2,995,000 USD
858-717-1697
1631-1637 Garnet Ave, San Diego, CA for Sale
$2,995,000 USD
Retail - FOR SALE
1/12
null | Request Cap Rate

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1631-1637 Garnet Ave
San Diego, CA 92109
Pacific Beach


HIGHLIGHTS

  • Asking Price: $2,995,000
  • Building Size: 7,840 SF ($382/SF) Lot Size: 15,625 SF ($192/SF)
  • 3 Unit Shopping Strip with Anchor Tenant Vacant, Private Office Space, and Alterations Business
  • 17 Onsite Parking Spaces, Super Low Price Per Square Foot for Building and Land
  • Owner-User or Investor Opportunity
  • Anchor Space (Formerly Occupied by Empire Beauty) Will Be Delivered Vacant Approx. 4,192 SF

OVERVIEW

The Franco Realty Group is proud to exclusively present for sale 1631-37 Garnet Avenue in Pacific Beach. Prime real estate on Garnet Avenue, PB's busiest commercial corridor, running straight from I-5 to the sand. The building size is 7,840 SF and the lot size is 15,625 SF (125x125). The center has 17 onsite parking spaces, is zoned cc-4-2 and is located directly across from Trader Joe's and Staples. The beach, Crystal Pier, and Mission Bay are within walking distance. Business Owners: A majority of the property delivered VACANT at close of escrow providing a rare owner-user play with room for SBA financing (~10% down) while collecting rent from two in-place tenants. Investors: reposition leases across 3 individually metered units for strong upside. Developers: oversized PB lot with excellent incentives. First time on the market in decades, don't miss this one!

FOR SALE DETAILS

PRICE

$2,995,000 USD

PRICE/SF

$410 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Pacific Shopping Strip For Sale

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront Retail/Office, Warehouse, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,625 SF

ZONING

CC-4-2

APN/PARCEL ID

424-011-17

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.