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3681 5Th Ave San Diego, CA 92103

Sponsored
For Sale
$2,750,000

Prime San Diego location, high occupancy.

Property size:
3,214 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional two-story, 3,214 square-foot restaurant building, situated on approximately 4,792 square feet of land in San Diego's desirable Hillcrest neighborhood, presents a compelling investment opportunity. Built in 1920 and fully renovated in 2015, the property boasts upgraded AC units, a single electrical and water meter, a fully sprinklered system, and ADA compliance (buyer to verify). The building includes an additional 887 square feet of outdoor patio space, perfect for al fresco dining. Located at 3681 Fifth Avenue, between Pennsylvania Avenue and Anderson Place, the property benefits from high visibility and foot traffic in a vibrant, pedestrian-friendly area known for its diverse dining and entertainment options. The property is zoned CC-3-9 and features wood frame construction. The asking price is $2,750,000, representing a price per square foot of $598.94 and a land value of $3,911 per square foot. Currently operating at 100% occupancy with an absolute NNN lease, the property offers a 3.14% cap rate. The strong demographics and growing uptown community, coupled with the proximity to new apartment developments, contribute to the property's significant investment potential. This is a rare chance to acquire a move-in ready restaurant in a highly sought-after San Diego location.

Property Features for 3681 5Th Ave

General Information

Property type
Restaurants
Square Feet
3,214 SF

Building Details

Year Built/Renovated
1920/2015
Stories
2

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
San Diego
County
San Diego
State
California
Longitude
-117.160112
Latitude
32.744711

FAQs

What type of property is this?
Restaurant - Prime San Diego location, high occupancy.
Where is this restaurant located?
The property is located at 3681 5Th Ave San Diego, CA.
What is the asking price?
The asking price for this property is $2,750,000.
More about this property
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