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301 W Washington St
San Diego, CA 92103

$2,260,000 USD

Apartments Condo For Sale  •  4,347 SF

Property Details

  • Property Type Apartments
  • Total Building Size 31,099 SF
  • Lot Size 0.33 AC
  • Building Class C
  • Year Built 2007
  • Cap Rate 5.86 %
  • Zoning CC-3-8
51 Transit Score
96 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 301-321 Retail 4,347 SF $2,260,000 USD
  • Unit Size: 4,347 SF
  • Condo Use: Retail
  • Price: $2,260,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $519.90 USD
Description
This is a 3 suite multi-tenant first floor retail condo. Residential above first floor retail condo is not a part of this offering.

Suite 301 is a unique retail owner user opportunity. The space is a window-lined +/- 1,500 SF retail suite that is currently built out as quick-service restaurant with grease trap, freezer/cooler, multiple floor drains, and abundant power. 

Suite 311 is occupied by Barkhouse, which has been in-place since 2016. Suite 321 is occupied by Studio Barre, which has been in place since 2014.

Sale Notes
3 Suite Retail Condo For Sale. 1,500 SF Vacant for Owner/User and/or for Lease. Sign and return NDA at end of brochure for Full Marketing Package and Financials. 
Buyer/User Income: $9,815/Month (Base Rent + NNN)
Investment Proforma: 5.86% CAP Rate.

Description

First floor consists of three commercial retail suites. Upper levels consists of 18 luxury residential condos.

Highlights

Located in Mission Hills - One of San Diego’s Most Desirable & Established Neighborhoods
Steps to the Scripps Mercy Hospital, Balboa Park, & Hillcrest Business District
Centrally Located Between I-5 & Hwy 163
Close Proximity to Hillcrest, Old Town, Bankers Hill, & Downtown
10 Shared On-Site Covered Parking Spaces Located Behind Retail Suites
Street Parking Available

Property Flyers

Financial Summary

Cap Rate: 5.86 %
Total Expenses: $0 USD

Amenities

  • Air Conditioning
  • Controlled Access
  • Elevator
  • Wheelchair Accessible (Rooms)

Public Transportation

Commuter RailDriveWalkDistance
Old Town Transit Center (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze)) 5 min - 2.8 mi
San Diego (Santa Fe Depot) (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze)) 6 min - 3.1 mi
AirportDriveWalkDistance
San Diego International 5 min - 2.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 10
Type: Surface
Included in Rent: Yes
Jason Vieira 858-300-0375 Pacific Coast Commercial
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