San Diego Nightclub with ABC
For Sale
Contact for pricing
500-502 Fourth Ave, San Diego, CA
11,000 SF nightclub with ABC License and office space.
Property Size11,000 SF
Lot Size0.24 Acres
Price / SF$409.09
Days on Market642
Property Features for 500-502 Fourth Ave
General Information
Standard status
Active
Size
11,000 SF
Lot size
0.24 Acres
Property subtype
RETAIL
Lease Type
NNN
Site & Location
Neighborhood
Marina
Properties For Sale
at 500-502 Fourth Ave Contact us500 4th Ave AVAILABLE, Now
Floor
2
Size
2,000 SF
Type
RETAIL
Lease Type
NNN
Sublease
No
- 13,000 SF
- Seller Financing Available. 11,000 SF nightclub with ABC License & long history of entertainment permits. 2,000 SF 2nd floor office.
Contact us 500 4th Ave AVAILABLE, Now
Floor
1
Size
11,000 SF
Type
RETAIL
Lease Type
NNN
Sublease
No
- Seller Financing Available. 11,000 SF nightclub with ABC License & long history of entertainment permits. 2,000 SF 2nd floor office.
Contact us
Listing Agency:
Next Wave Commercial
(619) 326-4400
Listed By:
Nate Benedetto · License #01436440
Source:
Moodyscre
Added: Jan 28, 2025
Changed: Oct 26
Last Checked: Oct 30 at 11:25AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property features an 11,000-square-foot nightclub space, accompanied by a 2,000-square-foot office located on the second floor. The nightclub benefits from an ABC License and a history of entertainment permits. Seller financing options are available.
Key Highlights
- Seller financing available
- 11,000 SF nightclub, a great opportunity
- ABC license included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$304,128
Cap Rate
6.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,082,560
$6.1M
Cap Rate 7%
$4,344,686
$4.3M
Cap Rate 9%
$3,379,200
$3.4M
Market Conditions
NOI Build-Up for 11,000 SF
Gross rent
$422.4K $38.40/SF
− Vacancy
−$16.9K −$1.54/SF
EGI
$405.5K $36.86/SF
− OpEx
−$101.4K −$9.22/SF
NOI
$304.1K $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%
$6,082,560
Cap Rate 7%
$4,344,686
Cap Rate 9%
$3,379,200
Alternative Uses
Best Use
Specialty Retail
$4.34M
$3.80M – $5.07M
NOI $304,128 @ 7.0% cap · market cap 6.76%
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
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
11,398
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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- Starbucks — 1 Park Blvd, San Diego, CA 92101
- Concerts at The Shell — 222 Marina Park Way, San Diego, CA 92101
Frequently Asked Questions
What type of property is this?
Night club - 11,000 SF nightclub with ABC License and office space.
Where is this night club located?
The property is located at 500-502 Fourth Ave San Diego, CA.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Seller financing available; 11,000 SF nightclub, a great opportunity; ABC license included
