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    748 6Th Ave San Diego, CA 92101

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    748 6Th Ave San Diego, CA 92101


    • Retail space
    • 6,624 SF
    • 0.12 lot acres
    Downtown Retail Investment Opportunity For Sale
    $4,700,000
    6,624 SF

    Downtown Retail Investment Opportunity

    Leased retail property in a busy downtown San Diego corridor.

    748 6th Ave, San Diego, CA
    View Listing
    Property ID
    US09-7247055
    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.

    Value Estimations
    Cap Rate Potential
    4.4%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Cardtronics ATM / Atm
    • Hub Market Deli and Liquor / (Bike/Boat/Book/etc) Store / Wine and Liquor Store
    • Same Day Printing San Diego / (Bike/Boat/Book/etc) Store / Printing Service
    • Bounce Luggage Storage - Near Gaslamp / Storage Facility

    Property Details for 748 6Th Ave

    Year built
    2023
    Lot size
    0.12 lot acres
    Property size
    6,624 SF
    Zone code
    INDUSTRIAL (M ZONE)
    Property type
    Retail space
    APN
    535-093-11-00
    APU
    5350931100

    Description

    This exceptional retail property, located at 748-752 6th Avenue in San Diego's Gaslamp District, presents a compelling investment opportunity. The 6,624 square foot building, constructed in 1930, features three retail spaces across two stories, currently boasting 100% occupancy with three tenants under a NNN lease structure. The property generates a substantial net operating income (NOI) of $284,541, yielding a 6.47% cap rate. The asking price is $4,399,999. Situated in a high-traffic area with excellent foot traffic, this location benefits from its proximity to popular attractions and amenities, including the San Diego Convention Center and Petco Park. The property's zoning is GQPD. The building's prime location within the vibrant Gaslamp District ensures high visibility and customer engagement, making it an attractive proposition for both retail businesses and investors seeking strong returns and long-term value appreciation. The property's historic charm, combined with its modern functionality, creates a unique and desirable setting for businesses. Excellent public transportation and nearby parking further enhance its appeal. This is a rare opportunity to acquire a fully leased, high-performing retail property in one of San Diego's most sought-after locations. The APN is 535-093-11.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,655,000
      ML approach
      $3,640,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,665,000
      6.5%
      $2,460,000
      7%
      $2,285,000
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $4,165,000
      Current use
      MEDICAL BUILDING
      $3,855,000
      Change: -7% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    San Diego
    County
    San Diego
    State
    California
    Longitude
    -117.16
    Latitude
    32.7133
    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
    $46,303
    $2,788,796
    $641,421
    $3,430,217
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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