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Property profile & analytics
OFF-MARKET
Restaurants

690 1St Ave San Diego, CA 92101

Property ID
Property summary
AI-generated overview

This exceptional ±1,372 square foot ground floor restaurant space in San Diego, CA, presents a unique opportunity for a quick-service restaurant or café. Located at 690 First Ave., 92101, this single-tenancy property boasts significant advantages. The space includes a grease interceptor and existing food service improvements, simplifying the setup for a new operator. A rare and expansive off-sidewalk patio area provides additional seating and ambiance. The property benefits from a high-traffic location directly across the street from Ralph's, a major grocery store, ensuring high visibility and foot traffic. Its proximity to Campus at Horton, a development bringing over 4,000 jobs to the area, further enhances its appeal. Strong co-tenancy includes Mellow Massage, Wells Fargo, SD Discount Nutrition, and Postal Annex. The location is also within a few blocks of RaDD, San Diego's newest life science district, adding another 4,000+ jobs to the immediate vicinity. Enjoy the benefits of being near Seaport Village, the Gaslamp Quarter, Children's Park, and the Embarcadero, offering excellent access to a diverse customer base. This is a truly exceptional opportunity in a thriving downtown San Diego location.

Property profile
Verified
Property type Restaurants
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Earl of Sandwich Take-out & Catering
  • HP Commercial Roofing Pro San Diego Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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