AVAILABILITY DETAILS
- Size
- 3,550 SF
- Price/SF
-
Show Pricing $
- Listing ID
- SA550409
- Notes
- Asking Price: $2,178,000
Address:
2926-2936 Lincoln Avenue,
San Diego, CA 92104
Parcel Numbers: 446-363-14-00 & 446-363-15-00
Land Area : ± 3,550 Sq Ft
Building Size: ± 5,810 Sq Ft
# of Stories:
2 stories; first floor retail /
second floor apartments
Year Built: 1953 / 1973
Construction: Masonry concrete exterior, wood/
steel roof & floor, concrete slab
on grade
Utilities: Separately metered electric
Parking: No on-site parking
Sub-Market: North Park
Zoning: CC-3-6
CCHS: Tier 3 – FAR 6.5
This property is located in the high demand area of North Park for investors, owner-users and developers.
Why is it in high demand? Densely populated neighborhood, bustling high traffic local retail, attractive
zoning, low vacancy, high rents, long-term appreciation. It is located near the busy hub of Lincoln Avenue
and 30th Street, which is walkable to prime retail, farmers market and annual festivities. The mixed-use
aspect of this investment property gives a new owner
(3) Three retail tenants with stable cashflow, ability to grow the bottom line through recapturing
operating expenses in a NNN lease format
(3) Three apartment units ready to be upgraded and revenue increased. This property offers an investor
an opportunity to increase the Net Operating Income of the property and hold an asset in popular area of
San Diego, California
- Uses
- Retail
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.
Listing provided courtesy of
Kris Boehmer, Pacific Coast Commercial