Next Wave Commercial is pleased to present a unique opportunity to acquire 500-202 4th Avenue & 324 Island Street, San Diego, CA in the Historic Gaslamp Quarter of Downtown San Diego. This 13,000 square-foot building sits on an 11,000sf parcel of land and consists of approximately 11,000 SF of ground floor bar and nightclub space with 2,000 SF of 2nd floor office space. This historic building was built in 1930 and is centrally located on a prime corner with abundant foot traffic. The buildout features multiple bars, a full kitchen and proper exiting to enable an impressive 900+ person occupancy for the prior user.
This asset presents the rare opportunity to acquire a former nightclub with a grandfathered Type 47 Liquor license with 2am hours and favorable conditions for nightclub use. Blocks from Petco Park, luxury hotels and the Convention Center-this site has a walk score of 98! Now priced at $6,800,000 ($523 PSF), this trophy asset will be a proud addition to your portfolio for generations to come.