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2820-2830 Lytton St

2,996 SF 100% Leased Retail Building San Diego, CA 92110 $2,225,000 ($743/SF)

Investment Highlights

  • Retail property with business and Liquor 48 license
  • Significant lot frontage for high visibility and accessibility
  • Highest and best use as an event space, restaurant/bar, and mixed-use development
  • Double APN with two standalone buildings combined into one lot
  • Positioned between brand-new mixed-use development and Sugar and Bronze personal service, ideal for increased value
  • Located within the Midway Rising development ar area

Executive Summary

Retail property with business and Liquor 48 license. The property consists of two standalone buildings under a double APN combined into one lot: 2820 Lytton Street, which houses a vibrant bar, and 2830 Lytton Street, currently used as office retail flex space. The greatest and best use for 2830 Lytton Street is as standalone retail or flex space. The roof at 2820 Lytton Street was replaced in 2020, while 2830 Lytton Street underwent internal renovations that added insulation and upgraded windows to reduce noise and enhance privacy.
This property is ideally positioned between brand-new mixed-use development to the north and Sugar and Bronze personal service to the south, making it an excellent location for increased value and foot traffic. With its prime location and flexible space, the highest and best use for the entire property would be as an event space, restaurant/bar, and potentially as part of a mixed-use development. The property features significant lot frontage, providing excellent visibility and access. Located across the street from Liberty Station, a 360-acre mixed-use development with an estimated 3.6 million unique visitors annually. Liberty Station in San Diego is a vibrant waterfront district that was once a Naval Training Center. The property is also near the planned Midway Rising development, which promises to bring additional vibrancy and growth to the area.

Data Room Click Here to Access

Property Facts

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,996 SF
Building Class
C
Year Built
1952
Price
$2,225,000
Price Per SF
$743
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
0.31 AC
Zoning
N/Av, San Diego
Parking
5 Spaces (1.99 Spaces per 1,000 SF Leased)
Frontage
39 FT on Lytton St

Amenities

  • Signage
Walk Score®
Walker's Paradise (94)
Bike Score®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Anytime Fitness
Sprouts Farmers Market
IHOP
Starbucks
Ralphs
Fitness Together
Club Pilates
Olive Garden Italian Rstrnt
U.S. Bank
The Habit Burger Grill

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
450-412-09
Land Assessment
$701,710
Improvements Assessment
$59,079
Total Assessment
$760,789
  • Listing ID: 33848211

  • Date on Market: 11/12/2024

  • Last Updated:

  • Address: 2820-2830 Lytton St, San Diego, CA 92110

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