2820-2830 Lytton St - Restaurant FOR SALE


San Diego, CA 92110
$2,225,000 USD
858-598-3589
2820-2830 Lytton St, San Diego, CA for Sale
$2,225,000 USD
Restaurant - FOR SALE
1/15
null | Request Cap Rate

2820-2830 Lytton St
San Diego, CA 92110


HIGHLIGHTS

  • Retail property with business and Liquor 48 license
  • Double APN with two standalone buildings combined into one lot
  • Significant lot frontage for high visibility and accessibility
  • Positioned between brand-new mixed-use development and Sugar and Bronze personal service, ideal for increased value
  • Highest and best use as an event space, restaurant/bar, and mixed-use development
  • Located within the Midway Rising development ar area

OVERVIEW

Retail property with business and Liquor 48 license. The property consists of two standalone buildings under a double APN combined into one lot: 2820 Lytton Street, which houses a vibrant bar, and 2830 Lytton Street, currently used as office retail flex space. The greatest and best use for 2830 Lytton Street is as standalone retail or flex space. The roof at 2820 Lytton Street was replaced in 2020, while 2830 Lytton Street underwent internal renovations that added insulation and upgraded windows to reduce noise and enhance privacy. This property is ideally positioned between brand-new mixed-use development to the north and Sugar and Bronze personal service to the south, making it an excellent location for increased value and foot traffic. With its prime location and flexible space, the highest and best use for the entire property would be as an event space, restaurant/bar, and potentially as part of a mixed-use development. The property features significant lot frontage, providing excellent visibility and access. Located across the street from Liberty Station, a 360-acre mixed-use development with an estimated 3.6 million unique visitors annually. Liberty Station in San Diego is a vibrant waterfront district that was once a Naval Training Center. The property is also near the planned Midway Rising development, which promises to bring additional vibrancy and growth to the area.

FOR SALE DETAILS

PRICE

$2,225,000 USD

PRICE/SF

$743 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

N/Av, San Diego

APN/PARCEL ID

450-412-09

ASK ABOUT THIS PROPERTY

AJ GeorgeAJGCRE Inc- Resimercial Real EstateMore Info
858-598-3589

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AJ GeorgeAJGCRE Inc- Resimercial Real EstateMore Info
858-598-3589

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