Homes for sale - 4475 Mission Bouleard #1, San Diego, CA 92109

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Isaiah Crespin Ortiz

isaiahortiz.re@gmail.com +1(619) 919-6307

$ 31,000,000

Est. payment | -/mo

1.43 Acres Lot

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$ 31,000,000

Est. payment | -/mo

Save Virtual Tour Video Tour

1.43 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

Subdivision Pacific Beach

MLS Listing ID 240022598

HOA Y/N No

Lot Size 1.435 Acres

Acres 1.43

Property Sub-Type Lots/Land

Property Description

DO NOT DISTURB THE TENANTS This coastal property is made up of various restaurants and office space, with a total building size of 38,103 square feet. Downstairs you will find three restaurants, a clothing store and the 7,100 vacant retail space that was previously occupied by Sketchers. All of the ground floor leases are on triple net lease agreements. Upstairs is filled with about 45 executive offices, an onsite manager, a printing room and a large conference room. The executive suites all have less than one year left on the term of their lease. Some of the offices have interior views of the ground floor anchor retail space and some of the offices have views of Garnet Avenue and the ocean. The total land size of the 6 parcels totals 62,500 square feet, or 1.43 acres of land. Due to the land's proximity to the ocean and Crystal Pier, the parking generates a tremendous amount of income across 121 parking spaces. This is an excellent opportunity for an Owner-User to relocate their headquarters at this amazing location with tremendous signage amongst strong foot and vehicle traffic. A company can occupy over 18,000 square feet of space or more than 51% of the building size, which qualifies for SBA Financing. An investor can reposition the Seacoast Center by leasing out the vacant spaces, improving the parking lot and gradually raising rents over time. A developer can collect a decent return on investment while entitling the property into a mixed- use development.

Location

State CA

County San Diego

Community Pacific Beach

Area Pacific Beach (92109)

Zoning CC-4-2

Exterior

View Ocean, N/K

Building

Lot Description Corner Lot, Public Street, Sidewalks, Street Paved, West of I-5

Lot Size Range 1+ to 2 AC

Water Available

Others

Ownership Fee Simple

Acceptable Financing Other/Remarks

Listing Terms Other/Remarks

Virtual Tour https://www.youtube.com/watch?v=yrRwCqGs9oQ

Listed by Tony Franco • Tony Franco Realty, Inc.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(619) 919-6307

isaiahortiz.re@gmail.com

6050 Santo Rd Suite 270, Diego, California, 92124, United States

4475 Mission Bouleard #1 San Diego, CA 92109