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    1025 Island Ave 201

    San Diego, CA 92101
    • $1,099,000
    • STATUS: ACTIVE
    • ON SITE: 102 days
    • ID#: 200032056
    UPDATED: 70 min ago
    $1,099,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,059
      SQFT
    • $534
      $/SQFT
    Type:
    Commercial
    Built:
    2006
    County:

    School Ratings & Info

    Description

    Rare CORNER shopkeeper unit located in award winning Fahrenheit on the corner of 10th and Island within steps to Petco Park. 1,264sqft of residential living attached to 795sqft of ground floor retail space currently occupied by a long term tenant with full liquor license. Property has one APN# with dual address (Residential: 1025 Island Ave | Retail: 499 10th). Also includes 4 side-by-side parking spots. The large 3bd/2ba condo with balcony enjoys floor to ceiling glass windows, exposed concrete and ducting, and offers direct access to the retail space by way of a spiral staircase. Recently updated with new vinyl plank flooring and fresh paint, this modern downtown flat is ready for immediate move-in. Purchase with the retail tenant in place, who has been an icon of East Village for the better part of 10 years, or cut out your commute and move your current business close to home.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/107697646
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    1025 Island Ave 201 San Diego, CA 92101

    • Price: $1,099,000
    • Status: ACTIVE
    • Updated: 70 min ago
    • ID#: 200032056
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2,059
    SQFT
    $534
    $/SQFT
    2006
    Built
    Neighborhood:
    San Diego Downtown (92101)
    County:
    San Diego
    Area:
    San Diego Downtown (92101)
    Property Description
    Rare CORNER shopkeeper unit located in award winning Fahrenheit on the corner of 10th and Island within steps to Petco Park. 1,264sqft of residential living attached to 795sqft of ground floor retail space currently occupied by a long term tenant with full liquor license. Property has one APN# with dual address (Residential: 1025 Island Ave | Retail: 499 10th). Also includes 4 side-by-side parking spots. The large 3bd/2ba condo with balcony enjoys floor to ceiling glass windows, exposed concrete and ducting, and offers direct access to the retail space by way of a spiral staircase. Recently updated with new vinyl plank flooring and fresh paint, this modern downtown flat is ready for immediate move-in. Purchase with the retail tenant in place, who has been an icon of East Village for the better part of 10 years, or cut out your commute and move your current business close to home.
    Exterior Features

    Cars Per Day 7000 Construction Concrete Location Corner Parking On SiteUndergroundOther/Remarks

    Interior Features

    Common Restrooms 1 Cooling Central Forced Air Elec Estimated Square Feet 2059 Heating Central Forced Air Elec Max Contiguous Sq Ft Available 2059 Private Restrooms 2 Restrooms 3 Sq Ft Per Floor1 795 Sq Ft Per Floor2 1264 Stories 2 Story Unit Size1 1264 Unit Size2 795 Vacant Sq Ft 1264

    Property Features

    Actual Cap Rate 5.0 Actual Gross Scheduled Income 81300.0 Actual Operating Expense 725.00 Assumable Finance 0 Commercial Property Type Retail Sale Complex Park Fahrenheit Effective Age 14 Have Condo & Corner Retail Lease Expires1 Vacant Mandatory Remarks None Known Market Area Metro Central Monthly Rent Total 5980 Monthly Rent1 $2800.00 Monthly Rent2 $3180.00 Motive Want Sell Occupancy Percent 30 Overall Percent Vacant 70 Property Type Retail Sale Includes Other/Remarks Sales Restrictions Call AgentOther/Remarks Short Sale No Sq Ft Source Tax Record Tenant Improvement Allowance 0 Tenant Pays ElectricInsuranceJanitorTaxes Unit Number1 1 Unit Number2 2 Zoning Commercial

    Listing provided courtesy of Citymark Realty. Listing information © 2020 San Diego MLS Inc. Source: SDMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc. Licensed in the state of California.
     
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    Neuman & Neuman Real Estate Inc.
    516 5th Avenue
    San Diego CA, 92101