Property Detail

302 11th Ave

San Diego CA 92101

$549,000

Status: Active

Property Details

Description

PRICE REDUCTION FOR RETAIL STOREFRONT in the popular Icon Condominium Bldg. This vacant retail store front commercial condominium is located in the Petco Park area of East Village. Steps to Petco Park, home of the San Diego Padres with restaurants, coffee shops, microbrewery pubs and many residential condos and apartments in the neighborhood, this retail store front condo offers several business use opportunities, from a professional business, law firm, insurance company, dry cleaner pick-up and many other business uses. This could have the tenant set up with base rent with NNN's to have tenant pick up many of the expenses related to the commercial condo. Space includes floor-to-ceiling glass storefront, decorative drop lighting and can lights. Space has a built-in private bathroom, small office, storage room and additional upstairs storage. SELLER MOTIVATED WITH MAJOR PRICE REDUCTION!! THIS IS A GREAT INVESTMENT WITH A PROJECTED CAP RATE OF 5.5 - 5.75. GREAT 1031 EXCHANGE PROPERTY FOR A INVESTOR BUYER!

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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