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2470-2474 San Diego Ave 11,997 SF Retail Building San Diego, CA 92110 $13,587,700 CAD ($1,132.59 CAD/SF)
Investment Highlights
- PRIME RETAIL LOCATION
- HIGH TRAFFIC | EXCELLENT VISIBILITY
- TURNKEY RESTAURANT OPPORTUNITY
- ABC LICENSE INCLUDED
Executive Summary
CBRE is pleased to present a distinctive retail and restaurant opportunity at 2470 San Diego Avenue, ideally positioned in the heart of Old Town San Diego, one of the region’s most visited and culturally significant destinations, attracting approximately 3 to 4 million visitors annually.
While historically operated as a restaurant, the property’s layout and location support a wide range of alternative uses, including high-end dining, private event or wedding venue, specialty food and beverage concepts, or experiential retail. Positioned in a high-traffic corridor with strong tourism fundamentals, the site offers operators the ability to introduce a differentiated concept into a supply-constrained market.
-High-Visibility Old Town Location: Located along San Diego Avenue, the property benefits from steady pedestrian traffic driven by tourism and local activity, offering strong exposure in a dynamic, experience-driven retail corridor.
-Second-Generation Restaurant with Existing Kitchen Infrastructure: The property has undergone a recent remodel, delivering an updated and well-maintained environment. Additionally, it offers the rare advantage of onsite parking, a highly sought-after amenity in Old Town.
-For Sale or Lease with Owner-User Potential: Offered for both sale or lease, this asset presents a compelling opportunity for investors or owner-users looking to establish a presence in a high-demand San Diego sub-market, with potential access to favorable SBA financing for qualified buyers.
While historically operated as a restaurant, the property’s layout and location support a wide range of alternative uses, including high-end dining, private event or wedding venue, specialty food and beverage concepts, or experiential retail. Positioned in a high-traffic corridor with strong tourism fundamentals, the site offers operators the ability to introduce a differentiated concept into a supply-constrained market.
-High-Visibility Old Town Location: Located along San Diego Avenue, the property benefits from steady pedestrian traffic driven by tourism and local activity, offering strong exposure in a dynamic, experience-driven retail corridor.
-Second-Generation Restaurant with Existing Kitchen Infrastructure: The property has undergone a recent remodel, delivering an updated and well-maintained environment. Additionally, it offers the rare advantage of onsite parking, a highly sought-after amenity in Old Town.
-For Sale or Lease with Owner-User Potential: Offered for both sale or lease, this asset presents a compelling opportunity for investors or owner-users looking to establish a presence in a high-demand San Diego sub-market, with potential access to favorable SBA financing for qualified buyers.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
11,997 SF
Building Class
C
Year Built
1986
Price
$13,587,700 CAD
Price Per SF
$1,132.59 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.06
Lot Size
0.26 AC
Zoning
OTCC-2-1 - Commercial-residential mixed-use zoning within the Old Town San Diego Planned District. Allows for
community-serving commercial services.
Parking
22 Spaces (1.83 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
±4,247 SF street level restaurant ±4,162 SF usable basement with additional kitchen ±550 SF upstairs office with separate entrance plus deck ±3,387 SF common patio/bar area
West Building Includes: › ±1,956 SF street level retail or restaurant space › ±882 SF currently leased to ‘Kitchens for Good’ on Month to Month lease
| Space | Size | Space Use | Position | Available |
| East Building | 4,247 SF | Restaurant | - | Now |
| West Building | 1,956 SF | Retail | - | Now |
East Building
| Size |
| 4,247 SF |
| Space Use |
| Restaurant |
| Position |
| - |
| Available |
| Now |
West Building
| Size |
| 1,956 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
East Building
| Size | 4,247 SF |
| Space Use | Restaurant |
| Position | - |
| Available | Now |
±4,247 SF street level restaurant ±4,162 SF usable basement with additional kitchen ±550 SF upstairs office with separate entrance plus deck ±3,387 SF common patio/bar area
West Building
| Size | 1,956 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
West Building Includes: › ±1,956 SF street level retail or restaurant space › ±882 SF currently leased to ‘Kitchens for Good’ on Month to Month lease
Moderately walkable
70/100
Exceptionally drivable
90/100
Good public transit
60/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 443-511-27-02 | Improvements Assessment | $1,957,473 CAD |
| Land Assessment | $1,836,811 CAD | Total Assessment | $3,794,284 CAD |
Property Taxes
Parcel Number
443-511-27-02
Land Assessment
$1,836,811 CAD
Improvements Assessment
$1,957,473 CAD
Total Assessment
$3,794,284 CAD
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2470-2474 San Diego Ave
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