Mixed Use Commercial and Residential Property | 3685-3687 5th Ave
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Mixed Use Commercial and Residential Property 3685-3687 5th Ave
2,581 SF 100% Leased Retail Building San Diego, CA 92103 For Sale
Investment Highlights
- Building Size: 2,581 SF Lot Size: 5,000 SF
- Residential Units are One 2 Bedroom / 1 Bathroom and One 1 Bedroom / 1 Bathroom
- Investor or Owner-User Opportunity in Hillcrest Neighborhood of San Diego
- One Turnkey +/- 2,000 SF Restaurant and Two Remodeled Residential Units
- Possible SBA Financing
- Pro Forma CAP Rate of 5.50%
Executive Summary
PLEASE DO NOT DISTURB THE EMPLOYEES!
The Franco Realty Group is proud to exclusively present for sale the mixed-use commercial and residential buildings located at 3685-87 5th Avenue San Diego, CA 92103. The subject property is located in the Hillcrest neighborhood of San Diego and has two buildings. The first building is a turn key restaurant and the second building has two residential units. The restaurant building is about 2,000 sqft, has a patio overlooking busy 5th Avenue and has many recent upgrades. The second building is made up of one 2 bedroom / 1 bath unit and one 1 bedroom / 1 bath unit. Both residential units have been recently upgraded.
The Franco Realty Group is proud to exclusively present for sale the mixed-use commercial and residential buildings located at 3685-87 5th Avenue San Diego, CA 92103. The subject property is located in the Hillcrest neighborhood of San Diego and has two buildings. The first building is a turn key restaurant and the second building has two residential units. The restaurant building is about 2,000 sqft, has a patio overlooking busy 5th Avenue and has many recent upgrades. The second building is made up of one 2 bedroom / 1 bath unit and one 1 bedroom / 1 bath unit. Both residential units have been recently upgraded.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,581 SF
Building Class
C
Year Built/Renovated
1920/2021
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
0.54
Lot Size
0.11 AC
Zoning
CC-3-9
Frontage
42 ft on 5th ave
Amenities
- Signage
Walk Score ®
Walker's Paradise (95)
Bike Score ®
Very Bikeable (75)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 452-282-02 | Improvements Assessment | £531,787 |
| Land Assessment | £844,106 | Total Assessment | £1,375,893 |
PROPERTY TAXES
Parcel Number
452-282-02
Land Assessment
£844,106
Improvements Assessment
£531,787
Total Assessment
£1,375,893
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Mixed Use Commercial and Residential Property | 3685-3687 5th Ave
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