1454 Garnet Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
1454 Garnet Ave
6,136 SF Retail Building San Diego, CA 92109 $5,299,000 ($864/SF)
Investment Highlights
- Rare Freestanding Building with Parking Along Garnet Avenue
- Great Covered Land Play with Multi-Family Entitlements in Process
- Excellent Owner/User Opportunity is Supply-Constricted Market
Executive Summary
Prime Location Along Garnet Avenue
• With 125 feet of frontage, the property has prominent exposure and visibility along the bustling Garnet Avenue -- Pacific Beach’s main retail corridor with exceptionally high foot traffic.
• Property is surrounded by many restaurants, bars, shops, and boutiques.
Freestanding Retail Building with Onsite Parking
• The property has rare onsite parking and driveway for direct access along Garnet Avenue.
• Building has an open layout with prominent sign along the street.
Excellent Coastal Trade Area
• Pacific Beach is one of San Diego’s busiest beach communities offering an abundance of dining, shopping, and entertainment options for both locals and tourists.
• The area surrounding the property is very densely populated with 96,956 residents plus 3,635 hotel rooms in a 3-mile radius.
Excellent Covered Land Play
• Owner is currently underway processing entitlements for 60-unit multi-family project (50 studios + 10 1-bedroom apartments) plus underground parking.
• The Offering presents a Buyer with an opportunity future development, while still leasing out the existing building for rental income in the interim.
Rare Owner/User Opportunity
• With a limited number of available buildings of this size along Garnet Avenue, the property is a unique opportunity for an owner/user to purchase a building for their business.
• A Buyer can operate their business in the building in the short to midterm, with the potential to redevelop the site or sell to a developer in the future.
• With 125 feet of frontage, the property has prominent exposure and visibility along the bustling Garnet Avenue -- Pacific Beach’s main retail corridor with exceptionally high foot traffic.
• Property is surrounded by many restaurants, bars, shops, and boutiques.
Freestanding Retail Building with Onsite Parking
• The property has rare onsite parking and driveway for direct access along Garnet Avenue.
• Building has an open layout with prominent sign along the street.
Excellent Coastal Trade Area
• Pacific Beach is one of San Diego’s busiest beach communities offering an abundance of dining, shopping, and entertainment options for both locals and tourists.
• The area surrounding the property is very densely populated with 96,956 residents plus 3,635 hotel rooms in a 3-mile radius.
Excellent Covered Land Play
• Owner is currently underway processing entitlements for 60-unit multi-family project (50 studios + 10 1-bedroom apartments) plus underground parking.
• The Offering presents a Buyer with an opportunity future development, while still leasing out the existing building for rental income in the interim.
Rare Owner/User Opportunity
• With a limited number of available buildings of this size along Garnet Avenue, the property is a unique opportunity for an owner/user to purchase a building for their business.
• A Buyer can operate their business in the building in the short to midterm, with the potential to redevelop the site or sell to a developer in the future.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,136 SF
Building Class
C
Year Built
1947
Price
$5,299,000
Price Per SF
$864
Tenancy
Single
Building Height
1 Story
Building FAR
0.39
Lot Size
0.36 AC
Zoning
C-1
Parking
25 Spaces (4.44 Spaces per 1,000 SF Leased)
Amenities
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
| Space | Size | Space Use | Position | Available |
| 1454 | 5,700 SF | Retail | - | Now |
1454
| Size |
| 5,700 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1 of 4
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1454
| Size | 5,700 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Walk Score ®
Walker's Paradise (96)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 423-091-21 | Improvements Assessment | $520,200 |
| Land Assessment | $2,496,960 | Total Assessment | $3,017,160 |
PROPERTY TAXES
Parcel Number
423-091-21
Land Assessment
$2,496,960
Improvements Assessment
$520,200
Total Assessment
$3,017,160
1 of 21
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
1454 Garnet Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.