722 Grand Ave - Freestanding FOR SALE


San Diego, CA 92109
$10,500,000 USD
619-261-1472
722 Grand Ave, San Diego, CA for Sale
$10,500,000 USD
Freestanding - FOR SALE
1/6
null | 3.55% Cap Rate

722 Grand Ave
San Diego, CA 92109


OVERVIEW

Coldwell Banker Commercial is pleased to offer this exceptionally rare opportunity to acquire a trophy asset in the highly sought after coastal market of San Diego. The property consists of two adjacent parcels that include the building which houses the Firehouse Eatery and an adjacent parking lot that fronts Hornblend Street. The two parcels are comprised of approximately 12,500 square feet and located west of Mission Blvd, just steps from the Boardwalk in Pacific Beach. The Firehouse Eatery building is a free-standing single tenant retail space with approximately 4,500 square feet of improvements. Laz Parking occupies the other parcel and is zoned CV-1-2 (Commercial Visitor) which allows for a mixed-use development with a base density of One dwelling unit per 1,500 SF lot area and a Floor Area Ratio (FAR) of 2.0.

FOR SALE DETAILS

PRICE

$10,500,000 USD

PRICE/SF

$2,333 USD /SF

CAP RATE

3.55%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Firehouse American Eatery & Lounge

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,500 SF

ZONING

CV-1-2

APN/PARCEL ID

423-022-04-00,423-022-07-00

ASK ABOUT THIS PROPERTY

Anni Grimes, CCIMColdwell Banker CommercialMore Info
619-261-1472

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Anni Grimes, CCIMColdwell Banker CommercialMore Info
619-261-1472

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