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Restaurant-Retail Mixed-Use Property
For Sale
Contact for pricing
Pending

1449 University Ave, San Diego, CA 92103

Retail/restaurant space with a rear studio currently used for storage, with alley access and some rear parking.

Property Size1,700 SF
Days on Market118

Property Features for 1449 University Ave

General Information

Standard status Pending
Size 1,700 SF
Property subtype Special Purpose
Occupancy 100%

Building Details

Tenancy Single
Listing Agency: Coldwell Banker West La Mesa
Listed By: Steven Sladek · License #CA
Source: Crexi
Added: Apr 11 Changed: Jul 20 Last Checked: Aug 6 at 11:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker West La Mesa

Investment Insights

Based on property information with market context.

This centrally located restaurant/retail mixed-use property includes retail/restaurant space at the front and a studio on the back side of the property. The studio is currently being used as storage by the tenant. The combined setup supports flexibility for an incoming owner based on how the space is configured and operated.

The property is accessed via an alley, with some parking available in the rear. It is currently leased through 08/31/2020. At lease expiration, the property may offer an opportunity for an investor to renegotiate the existing lease or for an owner-user to take over the premises, depending on their intended use and plans for the front retail/restaurant space and rear studio area.

Address: 1449 University Ave, San Diego, CA 92103.

Key Highlights

  • Centrally located retail/restaurant space with a studio on the rear of the property
  • Retail/restaurant area totals 1,250 sq ft
  • Rear studio totals 450 sq ft and is currently used as storage by the tenant

Property Analytics

Current Use

Ichiban Restaurant

Suggested Use

Top Pick Food Market Electrical Service Grocery & Convenience Store Electronics & Wireless Store (Bike/Boat/Book/etc) Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,859
Businesses Nearby
226k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 61% Dining 17% Shops & Services 15% Home Improvements & Furnishings 5%
Whole Foods Market Groceries
64,059 visits/mo 0.5 miles
Ralphs Groceries
46,221 visits/mo 0.3 miles
Sprouts Farmers Market Groceries
25,356 visits/mo 0.5 miles
Better Buzz Coffee Roasters Dining
12,340 visits/mo 0.4 miles
Jack in the Box Dining
12,210 visits/mo 0.5 miles

Demographics for 92103, CA

33,311
Population
21,363
Households
1.6
Avg Household Size
42
Median Age
63%
College-Educated
97%
High-School Grad
3.7 sq mi
ZIP Area
9,003
Density / Sq Mi
$96,887
Median Household Income
$69,732
Median Earnings
$2,020
Median Rent
$986,800
Median Home Value

Market

Vacancy Rate% for Retail in San Diego, CA

4.9% 2019
6% 2020
5.8% 2021
4.5% 2022
4.4% 2023
4.4% 2024
4.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Retail/restaurant space with a rear studio currently used for storage, with alley access and some rear parking.
Where is this conventional restaurant located?
The property is located at 1449 University Ave San Diego, CA.
What are key features of this property?
This property features: Centrally located retail/restaurant space with a studio on the rear of the property; Retail/restaurant area totals 1,250 sq ft; Rear studio totals 450 sq ft and is currently used as storage by the tenant
(619) 737-2126 Call to check price and availability
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