3096 National Ave - Restaurant FOR SALE


San Diego, CA 92113- Logan Heights
$2,400,000 USD
619-776-2681
3096 National Ave, San Diego, CA for Sale
$2,400,000 USD
Restaurant - FOR SALE
1/18
null | 4.92% Cap Rate

3096 National Ave
San Diego, CA 92113
Logan Heights


HIGHLIGHTS

  • Covered Land
  • Fully Leased
  • Development Upside
  • Large Lot
  • Corner Lot
  • Mixed Use

OVERVIEW

Prime covered land play offering strong current income and exceptional future development potential. A fully leased property that generates $118,000 in annual NOI (4.92% cap rate). Situated on a 17,586 SF lot, and zoned CC-3-6 within the Complete Communities Tier 3 overlay, the site supports a FAR of 6.5—allowing for up to 114,309 SF of total floor space development. With 1–2 years remaining on existing leases, there's near-term potential for redevelopment into 40+ residential units with ground-floor retail or live-work spaces. The information in this listing is believed to be accurate, but we encourage all buyers to verify the details themselves. The listing agent is not responsible for any errors or omissions.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$591 USD /SF

CAP RATE

4.92%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mixed Use / Development Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Convenience Store, Fast Food, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,500 SF

ZONING

CC-3-6

APN/PARCEL ID

550-032-19

ASK ABOUT THIS PROPERTY

Eric LoweStarker West, IncMore Info
619-776-2681

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Eric LoweStarker West, IncMore Info
619-776-2681

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