2547 San Diego Ave San Diego, CA 92110
This exceptional 2,000 square foot restaurant presents a lucrative investment opportunity in the vibrant heart of San Diego's Old Town. Boasting a highly visible corner location on San Diego Avenue, this property benefits from the immense foot traffic of approximately 8,000,000 annual visitors. Recently renovated (approximately one year ago), the restaurant features an inviting interior with ample natural light from abundant windows and a fully equipped kitchen. The kitchen includes a crucial Type 1 hood system, along with a walk-in cooler and freezer, ensuring efficient operations. A valuable Type 41 Beer and Wine License is included in the sale, streamlining the transition for a new owner. Its convenient location near historic state parks, trolley stops, and numerous hotels, coupled with the presence of over 30 other restaurants and 75 unique shops, guarantees a thriving customer base. This asset sale is priced at $349,000 and offers a turnkey operation ready for immediate success. The property is located at 2547 San Diego Ave, San Diego, CA 92110, in San Diego County.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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