Corner Retail Brewhouse with Outdoor
For Sale
Contact for pricing
903 ISLAND AVE, San Diego, CA 92101
Fully renovated retail asset with dual outdoor patios and a 10-barrel brewhouse under a new 10-year NNN lease.
Property Size3,696 SF
Price / SF$1,082
Days on Market109
Property Features for 903 ISLAND AVE
General Information
Standard status
Active
Size
3,696 SF
Property subtype
Retail
Lease Type
NNN
Net Operating Income
$216,000
Additional Details
Cap Rate
5%
Building Details
Year Built
1906
Year Renovated
2015
Units
1
Tenancy
Single
Listing Agency:
CAST CAPITAL PARTNERS
Listed By:
Bret Morriss · License #CA 02037074
(619) 308-6787
Source:
Crexi
Added: May 21
Changed: Aug 31
Last Checked: Sep 5 at 1:35PM
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 CAST CAPITAL PARTNERS
Investment Insights
Based on property information with market context.
903 Island Avenue is a fully renovated income-producing retail asset anchored by Villains Brewing Company. The tenant’s substantial improvements include two large bars, a full kitchen, dual outdoor patios, and a 10-barrel brewhouse. Recent renovations were completed in 2025.
The building is positioned on a corner with approximately 100 feet of frontage and direct views into Petco Park, located steps from the stadium entrance. The property is described as having a new 10-year NNN lease with no landlord improvement allowance.
The offering’s financials are presented as a 5.0% cap rate with stable NOI of $216,000. Flexible zoning is cited as allowing redevelopment up to 25,000 SF by right, including hotel, multifamily, office, or mixed-use formats.
The building is positioned on a corner with approximately 100 feet of frontage and direct views into Petco Park, located steps from the stadium entrance. The property is described as having a new 10-year NNN lease with no landlord improvement allowance.
The offering’s financials are presented as a 5.0% cap rate with stable NOI of $216,000. Flexible zoning is cited as allowing redevelopment up to 25,000 SF by right, including hotel, multifamily, office, or mixed-use formats.
Key Highlights
- 1906‑built, fully renovated retail asset in San Diego’s East Village anchored by Villains Brewing Company
- New 10‑year NNN lease with no landlord improvement allowance
- Tenant renovations include two large bars, full kitchen, dual outdoor patios, and a 10‑barrel brewhouse
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
10,179
Businesses Nearby
Explore this area
Business Placement
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 Industrial in San Diego, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Brewery - Fully renovated retail asset with dual outdoor patios and a 10-barrel brewhouse under a new 10-year NNN lease.
Where is this brewery located?
The property is located at 903 ISLAND AVE San Diego, CA.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: 1906‑built, fully renovated retail asset in San Diego’s East Village anchored by Villains Brewing Company; New 10‑year NNN lease with no landlord improvement allowance; Tenant renovations include two large bars, full kitchen, dual outdoor patios, and a 10‑barrel brewhouse
