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500-502 4th Ave 13,000 SF Retail Building San Diego, CA 92101 $6,278,400 CAD ($482.95 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Heavy daytime & nighttime foot traffic
  • New roof
  • Corner location with great visibility

EXECUTIVE SUMMARY

HUGE PRICE REDUCTION TO $4,500,000!!! Next Wave Commercial is pleased to present a unique opportunity to acquire 500-202 4th Avenue & 324 Island Street, San Diego, CA in the Historic Gaslamp Quarter of Downtown San Diego. This 13,000 square-foot building sits on an 11,000sf parcel of land and consists of approximately 11,000 SF of ground floor bar and nightclub space with 2,000 SF of 2nd floor office space. Located on a prime corner with abundant foot traffic, just two blocks to the Convention Center! The buildout features multiple bars, a full kitchen and proper exiting to enable an impressive 900+ person occupancy for the prior user.
This asset presents the rare opportunity to acquire a former nightclub with a grandfathered Type 47 Liquor license with 2am hours and favorable conditions for nightclub use. Nearby to Petco Park and surrounded by luxury hotels, this site has a walk score of 98! Now priced at $4,500,000 ($346 PSF), this trophy asset will be a proud addition to your portfolio for generations to come.

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,000 SF
Building Class
C
Year Built
1930
Price
$6,278,400 CAD
Price Per SF
$482.95 CAD
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.15
Lot Size
0.26 AC
Zoning
GQPD, San Diego - Commercial

AMENITIES

  • Corner Lot
  • Signage
  • Signalized Intersection

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 11,000 SF
  • Retail
  • -
  • Now

Gaslamp Nightclub / Retail / Restaurant building for lease or sale. Seller financing available. HUGE PRICE REDUCTION ON A SALE TO $5,900,000!!! Lease Rate = Contact Broker. Fully built out with multiple bars, a full kitchen and a huge dancefloor this prominent club venue has entertained locals and visitors for many years. With a capacity exceeding 900 patrons you could attract some of the top names in the biz. In the past they have hosted Nas, Lil Wayne, 2 Chainz, Ice Cube, Big Sean, Snoop Dogg and more. This top corner could also be repurposed for eater-tainment, a signature restaurant, retail showroom etc.

  • 2nd Floor
  • 2,000 SF
  • Retail
  • In-Line
  • Now

Gaslamp Nightclub / Retail / Restaurant building for lease or sale. Seller financing available. Fully built out with multiple bars, a full kitchen and a huge dancefloor this prominent club venue has entertained locals and visitors for many years. With a capacity exceeding 900 patrons you could attract some of the top names in the biz. In the past they have hosted Nas, Lil Wayne, 2 Chainz, Ice Cube, Big Sean, Snoop Dogg and more. This top corner could also be repurposed for eater-tainment, a signature restaurant, retail showroom etc.

Space Size Space Use Position Available
1st Floor 11,000 SF Retail - Now
2nd Floor 2,000 SF Retail In-Line Now

1st Floor

Size
11,000 SF
Space Use
Retail
Position
-
Available
Now

2nd Floor

Size
2,000 SF
Space Use
Retail
Position
In-Line
Available
Now

1st Floor

Size 11,000 SF
Space Use Retail
Position -
Available Now

Gaslamp Nightclub / Retail / Restaurant building for lease or sale. Seller financing available. HUGE PRICE REDUCTION ON A SALE TO $5,900,000!!! Lease Rate = Contact Broker. Fully built out with multiple bars, a full kitchen and a huge dancefloor this prominent club venue has entertained locals and visitors for many years. With a capacity exceeding 900 patrons you could attract some of the top names in the biz. In the past they have hosted Nas, Lil Wayne, 2 Chainz, Ice Cube, Big Sean, Snoop Dogg and more. This top corner could also be repurposed for eater-tainment, a signature restaurant, retail showroom etc.

2nd Floor

Size 2,000 SF
Space Use Retail
Position In-Line
Available Now

Gaslamp Nightclub / Retail / Restaurant building for lease or sale. Seller financing available. Fully built out with multiple bars, a full kitchen and a huge dancefloor this prominent club venue has entertained locals and visitors for many years. With a capacity exceeding 900 patrons you could attract some of the top names in the biz. In the past they have hosted Nas, Lil Wayne, 2 Chainz, Ice Cube, Big Sean, Snoop Dogg and more. This top corner could also be repurposed for eater-tainment, a signature restaurant, retail showroom etc.

Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (80)
Bike Score®
Very Bikeable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Pure Barre
Cross Fit
California Coast Credit Union
Comerica
Bank of America
U.S. Bank
Lou & Mickey's
The Old Spaghetti Factory
Buca Di Beppo
Fogo de Chão

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
535-081-14
Land Assessment
$7,636,558 CAD (2025)
Improvements Assessment
$3,436,451 CAD (2025)
Total Assessment
$11,073,009 CAD (2025)
  • Listing ID: 33564857

  • Date on Market: 2024-11-04

  • Last Updated:

  • Address: 500-502 4th Ave, San Diego, CA 92101

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