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Two-Storefront Conventional Restaurant
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1065 14th St, San Diego, CA 92101

Built-out dining and lounge space includes a full bar, kitchen equipment, refrigeration, furniture, and fixtures.

Property Size3,000 SF
Price / SF$566.67
Days on Market522
Rey
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Property Features for 1065 14th St

General Information

Standard status Active
Size 3,000 SF
Property subtype RETAIL
Listing Agency: Next Wave Commercial
Listed By: Paul Ahern · License #01874163
Source: Moodyscre
Added: May 12, 2025 Changed: Oct 1 Last Checked: Oct 15 at 1:51AM

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 Next Wave Commercial

Investment Insights

Based on property information with market context.

This 3,000-square-foot restaurant and lounge includes two storefronts, with one positioned on a corner and another facing C Street. The interior is equipped with a full bar, commercial kitchen items, refrigeration, furniture, and related fixtures. A substantial rear preparation area supports the restaurant layout and adds functional back-of-house space.

The property is located in San Diego’s East Village, across from City College and its stated population of approximately 15,000 students and faculty. The surrounding setting includes dense residential towers, placing the restaurant near both institutional and residential activity. The existing configuration combines customer-facing dining and lounge areas with dedicated kitchen and preparation facilities.

Key Highlights

  • 3,000 SF restaurant and lounge property
  • Two storefronts, including a corner location and a C Street frontage
  • Existing full bar, kitchen items, refrigeration, furniture, and fixtures

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$82,944
Cap Rate
4.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,658,880 $1.7M
Cap Rate 7%
$1,184,914 $1.2M
Cap Rate 9%
$921,600 $921.6K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$115.2K $38.40/SF
− Vacancy
−$4.6K −$1.54/SF
EGI
$110.6K $36.86/SF
− OpEx
−$27.6K −$9.22/SF
NOI
$82.9K $27.65/SF
Area
San Diego, CA
Vacancy
4.00%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,658,880
Cap Rate 7%
$1,184,914
Cap Rate 9%
$921,600

Alternative Uses

Best Use
Specialty Retail
$1.18M
$1.04M – $1.38M (±1% cap)
NOI $82,944 @ 7.0% cap · market cap 4.88%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Hive Sushi Lounge Restaurant

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Butcher Clothing & Fashion Store Veterinary Clinic Restaurant

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

Location Intelligence

Trade Area within ½ mile

8,985
Businesses Nearby
255k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 42% Hotels & Casinos 20% Groceries 19% Shops & Services 18%
McDonald's Dining
47,938 visits/mo 0.2 miles
Smart & Final Groceries
18,290 visits/mo 0.2 miles
Shell Shops & Services
18,276 visits/mo 0.2 miles
Fogo de Chao Dining
18,216 visits/mo 0.5 miles
Grocery Outlet Bargain Market Groceries
16,315 visits/mo 0.3 miles

Demographics for 92101, CA

47,505
Population
32,909
Households
1.4
Avg Household Size
39
Median Age
57%
College-Educated
92%
High-School Grad
5.4 sq mi
ZIP Area
8,797
Density / Sq Mi
$90,477
Median Household Income
$72,371
Median Earnings
$2,351
Median Rent
$740,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Built-out dining and lounge space includes a full bar, kitchen equipment, refrigeration, furniture, and fixtures.
Where is this conventional restaurant located?
The property is located at 1065 14th St San Diego, CA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 3,000 SF restaurant and lounge property; Two storefronts, including a corner location and a C Street frontage; Existing full bar, kitchen items, refrigeration, furniture, and fixtures
(619) 326-4400 Call to check price and availability
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