3048 Midway Dr San Diego, CA 92110-4501
Property profile & analytics
3048 Midway Dr San Diego, CA 92110-4501
- Retail space
- 2,186 SF
- 0.14 lot acres
Property ID
US09-8641937
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- The Rhythm Lounge / Restaurant / Cafe & Coffee Shop
Property Details for 3048 Midway Dr
- Year built
- 1953
- Lot size
- 0.14 lot acres
- Property size
- 2,186 SF
- Zone code
- COMMERCIAL
- Property type
- Retail space
- APN
- 441-630-07-00
- APU
- 4416300700
Description
Exceptional owner-user or investment opportunity in San Diego's Point Loma/Midway District. This vacant, fully equipped bar and restaurant, totaling 2,200 square feet, sits on a 6,056 square foot lot and is offered at $1,600,000. The property includes fee simple ownership of the real estate, existing furniture, fixtures, and equipment (FF&E), and an unrestricted Type 48 ABC License (no food service requirement). Built in 1953 and renovated in 2016, the single-story building features a functional floor plan ideal for a variety of hospitality concepts. The bar boasts a 16-tap draft beer system, flat-screen TVs, a point-of-sale system, and a projector screen. Operable front windows open to a patio area, expanding the usable space. The CC-1-3 zoning provides flexibility for future uses. The property's APN is 441-630-07-00. This turnkey operation presents a rare opportunity to acquire a well-equipped establishment with a desirable location and existing liquor license. The price includes the real estate, FF&E, and the liquor license. Don't miss this chance to own a piece of San Diego's vibrant hospitality scene.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,515,000
- ML approach
- $1,520,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,445,000
Market price range: $312k - $1.45M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $915,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $2,235,000 Change: +144% Conversion: Moderate
- WAREHOUSE, STORAGE
- $1,380,000 Change: +51% Conversion: Difficult
- MEDICAL BUILDING
- $1,275,000 Change: +39% Conversion: Difficult
- OFFICE BUILDING
- $925,000 Change: +1% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- San Diego
- County
- San Diego
- State
- California
- Longitude
- -117.207
- Latitude
- 32.7504
- CBSA code
- 41740
- CBSA name
- SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$14,780
$884,340
$312,120
$1,196,460
-
$0.00
$0.00
$0.00
