2810-2832 Scott St San Diego, CA 92106
- Retail properties
- 18,630 SF
- 0.57 lot acres
Current Use by Public Records
- Retail properties
Property Details for 2810-2832 Scott St
- Lot size
- 0.57 lot acres
- Property size
- 18,630 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional San Diego investment opportunity encompasses three buildings totaling 18,630 square feet of restaurant and retail space in the highly desirable Point Loma Village. Located just one block from San Diego Bay, this fee-simple owned property boasts a prime location near the San Diego Yacht Club and numerous high-end amenities. The property consists of three buildings, two stories, and nine units, all currently 100% occupied by long-term tenants, including two well-established restaurants. Extensive renovations have been completed, including façade enhancements, roof replacements (2013, 2017, 2024), and HVAC upgrades (2024). Current rents average $1.37 per square foot, significantly below market rates of $3.00 to $4.00 plus NNN, presenting a substantial value-add opportunity with upcoming lease expirations. The 0.57-acre lot is zoned CC-4-2, offering flexibility for future development. This rare offering presents a compelling investment opportunity in a robust San Diego market with high demand and significant rental growth potential. The property's history of long-term stable tenancy, coupled with its prime location and recent renovations, ensures a strong return on investment. This is a unique chance to acquire a significant asset in one of San Diego's most sought-after neighborhoods.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- San Diego
- County
- San Diego
- State
- California
- Longitude
- -117.23
- Latitude
- 32.7209