Available For Sale - Retail

13,045 SF | Show Pricing $

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AVAILABILITY DETAILS

Size
13,045 SF
Price/SF
Show Pricing $
Listing ID
SA504229
Notes
The subject property sits at a prime location at the southeast intersection of 5th Avenue and

Broadway, downtown in San Diego at the north end of the Gaslamp District. The ground floor retail from 501-523 Broadway is leased to five tenants that range from a corner restaurant to general retail. A sixth retail space at 989 5th Avenue is also the entry to the second floor & rooftop vacancy (primary value-add opportunity). Additionally, there is a basement that each retail tenant has their own dedicated access to for storage and restrooms. The building has an elevator that travels from the basement to the 1st and 2nd floors, however, it is currently inoperable. The location is evolving into a vibrant niche urban residential living environment with an abundance of

restaurants, entertainment, hospitality, retail amenities within walking distance.





Land Area: Approx. 5,000 Square Feet

Building Size: Approx. 13,045 Square Feet

Year Built: 1930, Renovated in 1961

Construction: Concrete slab and floors, CMU frame with stucco walls, TPO roof

HVAC: Retail package units maintained by tenants

Utilities: Separately metered

Lease Type: NNN

Parking: No on-site parking; metered street parking with parking lots & garages in the

immediate area

Elevator: Inoperable, basement, 1st and 2nd floor

APN: 533-574-01-00

Zoning: CCDC-GQPD, Gaslamp Quarter, Commercial & Multifamily use
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