4727 University Ave - Restaurant FOR SALE


San Diego, CA 92105- Fairmont Village
$1,450,000 USD
619-778-5198
4727 University Ave, San Diego, CA for Sale
$1,450,000 USD
Restaurant - FOR SALE
1/60
null | Request Cap Rate

4727 University Ave
San Diego, CA 92105
Fairmont Village


HIGHLIGHTS

  • Full asset sale including real estate, equipment, liquor license and inventory
  • Assumable ABC 47 liquor license with interim occupancy support during transfer
  • Full kitchen with walk in cooler, fryers, char broiler and grease trap already in place

OVERVIEW

Welcome to 4727 University Ave. A turn key bar and restaurant asset package in the hot University Ave corridor. This sale includes the real estate, all equipment, the liquor license, and inventory. Everything you need to launch your own concept in a fully built out commercial space. This is not a business sale, the current owner is taking their Key and Cleaver concept with them, so you're getting the tools and the building. Built in 2018, this is a real commercial asset, not a converted storefront. Modern construction means lower maintenance and lower operating costs right out of the gate, so more of your revenue stays revenue. Two story layout with an elevator, a copper bar top, beer taps, a walk in cooler, full kitchen with refrigerators, fryers, and a char broiler, plus a grease trap already in place. Rooftop patio and gated parking add to the draw. Upstairs there's a huge office with real upside, build it out as a private event studio, a second bar, or additional revenue generating space to expand your footprint without expanding your lease. Full ABC 47 liquor license is assumable, and the seller will support interim occupancy while the license transfers so you're not sitting dark during the process. Bring your concept and run it as a bar and grill, a full service restaurant, or whatever fits your vision. Everything is permitted and ready to go. Close escrow, transfer the license, stock the space, and open your doors.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$604 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

2,862 SF

ZONING

C-6

APN/PARCEL ID

471-592-29

ASK ABOUT THIS PROPERTY

Thomas NorthNorth PropertiesMore Info
619-778-5198

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Thomas NorthNorth PropertiesMore Info
619-778-5198

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