401 Ave E Coronado, CA

This property is situated in a prime Gaslamp location, one of San Diego’s most dynamic and heavily trafficked corridors. The location benefits from over 40 million annual visitors drawn by the Gaslamp Quarter’s mix of nightlife, tourism, and adjacent business district activity. The property offers owner-user potential to enhance the highly profitable Star “Dive” Bar experience by expanding into adjacent space, utilizing the 48 Liquor License which does not require food sales. There is also value-add potential to enhance property appeal through strategic upgrades, repositioning, or curating a high-performing tenant mix in a highly sought-after corridor. Over $248M in annual Food and Beverage spending occurs within a 1-mile radius. The property is just steps from San Diego’s premier attractions, including Petco Park, the Convention Center, and the iconic Balboa Theatre, the region’s largest and most visited performing arts venue, welcoming over 500,000 annual visitors. Neighboring hotspots include Gaslamp Tavern, Mimoza, Coin-Op Game Room, The Tipsy Crow, Melting Pot, and more. The property is walkable to countless dining, entertainment, and cultural venues in San Diego’s urban core. The property size is 23080 square feet.