905 4Th Ave San Diego, CA 92101
This exceptional Gaslamp Quarter restaurant and bar space presents a unique investment opportunity. Located on Fourth Avenue and E Street, this highly desirable property boasts two separate entrances, providing excellent accessibility and visibility. The interior features two fully equipped bars, perfect for maximizing revenue streams and catering to diverse clientele. A shared kitchen allows for efficient operations and is ideally suited for hosting special events and private parties. The property comes with a valuable Type 47 Liquor License available for purchase, streamlining the transition for a new operator. Ample street parking is readily available, supplemented by convenient nearby structured parking options, including the 225 Broadway garage offering over 300 spaces. This prime location benefits from its proximity to numerous entertainment venues, restaurants, and bustling streets within the heart of Downtown San Diego. The property's strategic position directly across from the Campus at Horton, the largest adaptive reuse project in the United States, ensures a vibrant and growing customer base. This development brings over 3,000 jobs to the area, further enhancing the location's appeal and potential for success. The surrounding area is home to some of San Diego's most celebrated restaurants, establishing the Gaslamp Quarter as a thriving culinary destination.
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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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.