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3827-29 Granada Ave

San Diego, CA 92104
  • $2,988,800
  • STATUS: PENDING
  • ON SITE: 91 Days
  • ID#: 220027604
Pending
UPDATED: 51 min ago
$2,988,800
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,600
    SQFT
  • $311
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1928
County:

School Ratings & Info

Description

One of the best redevelopment or recommitment to current operations you will find in San Diego. This property occupies prime real estate in San Diego's North Parks neighborhood. On the corner of University and Granada is where you will find this perfectly located commercial building. Building is currently being operated with 2 leases. Bottom floor has been a commercial laundry facility for decades and is currently being operated by owner. Second floor is operated as a gym and has been for decades as well. Both leases are currently way under market. Property is located right next to the city brand new North Park Mini Park. And directly behind North Park Theater and multiple restaurants and bars. The potential for redevelopment is huge and the site lends itself to multiple avenues. Condos, condos/retail, commercial, apartments, apartments/retail.

Monthly Payment Calculator

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 © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/134595200
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3827-29 Granada Ave San Diego, CA 92104

  • Price: $2,988,800
  • Status: PENDING
  • On Site: 91 Days
  • Updated: 51 min ago
  • ID#: 220027604
0
Beds
0
Baths
0
½ Baths
N/A
Acres
9,600
SQFT
$311
$/SQFT
1928
Built
Neighborhood:
North Park (92104)
County:
San Diego
Area:
North Park (92104)
Property Description
One of the best redevelopment or recommitment to current operations you will find in San Diego. This property occupies prime real estate in San Diego's North Parks neighborhood. On the corner of University and Granada is where you will find this perfectly located commercial building. Building is currently being operated with 2 leases. Bottom floor has been a commercial laundry facility for decades and is currently being operated by owner. Second floor is operated as a gym and has been for decades as well. Both leases are currently way under market. Property is located right next to the city brand new North Park Mini Park. And directly behind North Park Theater and multiple restaurants and bars. The potential for redevelopment is huge and the site lends itself to multiple avenues. Condos, condos/retail, commercial, apartments, apartments/retail.
Exterior Features

Construction BlockBrickConcrete Location Remarks Parking PublicStreet Roof Other/Remarks

Interior Features

Common Restrooms 4 Cooling Central Forced Air ElecCentral Forced Air GasWall/Window Estimated Square Feet 9600 Floors Slab Heating Central Forced Air Gas Private Restrooms 4 Restrooms 4 Sq Ft Per Floor1 4800 Sq Ft Per Floor2 4800 Stories 2 Story Unit Size1 4800 Unit Size2 4800 Vacant Sq Ft 0

Property Features

Actual Gross Scheduled Income 177600.0 Actual Operating Expense 27600 Actual Other Income 0 Assumable Finance 0 Commercial Property Type Retail Sale Effective Age 94 Financial Information Source AccountantOwner Mandatory Remarks None Known Market Area Metro Uptown Monthly Rent Total 14800 Monthly Rent1 10000 Monthly Rent2 4800 Motive Want 1031 Occupancy Percent 100 Overall Percent Vacant 0 Present Loan 0 Property Type Mixed Usage Sale Includes BuildingEquipmentInventoryLandLeasesOther/Remarks Sales Restrictions Call AgentN/K Short Sale No Sq Ft Source PlansTax Record Tenant Pays ElectricGasInsuranceTrashWater Terms Owner May Carry 1StOther/Remarks Unit Number1 1 Unit Number2 2 Zoning Commercial

San Diego MLS logo Listing provided courtesy of Compass: [IDXCONTACTINFORMATION]. Listing information © 2023 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 © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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The Neuman Team Real Estate Inc.
516 5th Avenue
San Diego CA, 92101