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2602 National Avenue

San Diego, CA 92113
  • $2,100,000
  • STATUS: PENDING
  • ON SITE: 66 Days
  • ID#: 240005402
Pending
$2,100,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Unlock the potential of 2602 National Avenue, a prime mixed-use property nestled in the vibrant neighborhood of Barrio Logan. Boasting over 3000 square feet of vacant retail space with 8 single rental occupancy units above, this property presents a rare opportunity for investors and entrepreneurs seeking to capitalize on the area's rapid growth and development. With over 3000 square feet of flexible retail space, the possibilities are endless. Whether you envision a trendy cafe, boutique gallery, or innovative co-working space, this blank canvas awaits your creative vision. Benefit from immediate income potential with 8 single rental occupancy units situated above the retail space. Currently leased significantly below market rents on month-to-month leases, there's ample room for value enhancement through strategic renovations and lease restructuring. While this property requires renovation work, its favorable CN 1-3 Zoning and prime location make it a compelling investment opportunity. With the right vision and execution, transform this diamond in the rough into a premier destination in the heart of Barrio Logan. Positioned in the heart of the trendy and up-and-coming neighborhood of Barrio Logan, 2602 National Avenue offers unparalleled access to vibrant cultural attractions, eclectic dining options, and thriving local businesses. Take advantage of the area's dynamic growth trajectory and be part of its exciting transformation.

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San Diego MLS logo 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 © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/148518862
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2602 National Avenue San Diego, CA 92113

  • Price: $2,100,000
  • Status: PENDING
  • On Site: 66 Days
  • ID#: 240005402
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Logan Heights (92113)
County:
San Diego
Area:
Logan Heights (92113)
Property Description
Unlock the potential of 2602 National Avenue, a prime mixed-use property nestled in the vibrant neighborhood of Barrio Logan. Boasting over 3000 square feet of vacant retail space with 8 single rental occupancy units above, this property presents a rare opportunity for investors and entrepreneurs seeking to capitalize on the area's rapid growth and development. With over 3000 square feet of flexible retail space, the possibilities are endless. Whether you envision a trendy cafe, boutique gallery, or innovative co-working space, this blank canvas awaits your creative vision. Benefit from immediate income potential with 8 single rental occupancy units situated above the retail space. Currently leased significantly below market rents on month-to-month leases, there's ample room for value enhancement through strategic renovations and lease restructuring. While this property requires renovation work, its favorable CN 1-3 Zoning and prime location make it a compelling investment opportunity. With the right vision and execution, transform this diamond in the rough into a premier destination in the heart of Barrio Logan. Positioned in the heart of the trendy and up-and-coming neighborhood of Barrio Logan, 2602 National Avenue offers unparalleled access to vibrant cultural attractions, eclectic dining options, and thriving local businesses. Take advantage of the area's dynamic growth trajectory and be part of its exciting transformation.
Exterior Features

Construction StuccoOther/Remarks

Property Features

Actual Gross Scheduled Income 41484.0 Actual Operating Expense 50000 Assumable Finance 0 Commercial Property Type Retail Sale Mandatory Remarks None Known Market Area Metro Central Monthly Rent Total 3457 Motive Want 1031 Short Sale No

San Diego MLS logo Listing provided courtesy of Josh Browar of The Browar Group: 858-414-4398. Listing information © 2024 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo 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 © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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The Neuman Team
516 5th Avenue
San Diego CA, 92101