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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

624 E St San Diego, CA 92101

Property ID
Property summary
AI-generated overview

This exceptional restaurant space, located in San Diego's vibrant Gaslamp Quarter at 624 E St, offers a unique opportunity for a discerning restaurateur. The property boasts 3,581 square feet of fully fixturized space, featuring high-quality tenant improvements throughout. Its prime location, just one block from the bustling 5th Avenue/Gaslamp Promenade, ensures high visibility and foot traffic. The space is situated below a future boutique hotel currently under renovation, promising increased synergy and clientele. This former restaurant is ready for immediate occupancy, eliminating the need for extensive build-out. A significant advantage is the availability of a Type 47 ABC License, which can be purchased and will remain with the premises at the lease's end. The property is situated in San Diego County, within the Downtown San Diego submarket, and easily accessible via 6th Avenue. This turnkey solution presents a rare chance to establish or relocate a thriving restaurant business in one of San Diego's most sought-after locations. The space is ideal for a variety of restaurant concepts, capitalizing on the area's high density of residents, tourists, and businesses. This is a truly exceptional opportunity in a dynamic and growing area.

Property profile
Verified
Property type Retail properties & Spaces
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
  • Wilson's Portable Toilets Production Facility Construction Company
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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