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Mixed-Use Building with Restaurants
For Sale
Contact for pricing
Pending

722 5th Avenue, San Diego, CA 92101

Ground-floor dining venues are paired with upper-level hostel accommodations in Downtown San Diego’s Gaslamp District.

Property SizeContact for details
Days on Market142

Property Features for 722 5th Avenue

General Information

Standard status Pending
Property subtype Mixed Use

Additional Details

Office Units 12

Building Details

Buildings 3
Tenancy Multi
Listing Agency: Marcus & Millichap - San Diego
Listed By: Bradley Peters · License #CA 02025155
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 2:36AM

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 Marcus & Millichap - San Diego

Investment Insights

Based on property information with market context.

The property is a mixed-use building with restaurant space on the ground level and hostel accommodations across the second and third floors. Osteria Panevino and Asti Ristorante occupy the street-level premises, while Gaslamp Hostel operates in the upper portion of the building.

Located at 722-728 5th Avenue in Downtown San Diego’s Gaslamp District, the property combines food-and-beverage use with lodging within a single multi-level asset. The ground-floor units are leased under NNN lease structures, providing an established commercial configuration across the building.

Key Highlights

  • Restaurant space occupied by Osteria Panevino and Asti Ristorante
  • Gaslamp Hostel occupies Floors 2 and 3
  • Mixed‑use configuration combines restaurants and hostel accommodations

Property Analytics

Current Use

Osteria Panevino Restaurant Self Storage Storage Facility

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Veterinary Clinic Butcher Adult Day Care Pet Grooming Service

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

12
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

12,817
Businesses Nearby

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

Market

Vacancy Rate% for Office in San Diego, CA

12% 2019
15.6% 2020
14% 2021
13.3% 2022
14.5% 2023
14.6% 2024
14.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor dining venues are paired with upper-level hostel accommodations in Downtown San Diego’s Gaslamp District.
Where is this mixed-use property located?
The property is located at 722 5th Avenue San Diego, CA.
What are key features of this property?
This property features: Restaurant space occupied by Osteria Panevino and Asti Ristorante; Gaslamp Hostel occupies Floors 2 and 3; Mixed‑use configuration combines restaurants and hostel accommodations
More about this property
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