500-502 4th Ave

13,000 SF Vacant Retail Building San Diego, CA 92101 $6,800,000 ($523/SF)

INVESTMENT HIGHLIGHTS

  • Heavy daytime foot traffic
  • Corner location with great visibility

EXECUTIVE SUMMARY

Next Wave Commercial is pleased to present a unique opportunity to acquire 500-202 4th Avenue & 324 Island Street, San Diego, CA in the Historic Gaslamp Quarter of Downtown San Diego. This 13,000 square-foot building sits on an 11,000sf parcel of land and consists of approximately 11,000 SF of ground floor bar and nightclub space with 2,000 SF of 2nd floor office space. This historic building was built in 1930 and is centrally located on a prime corner with abundant foot traffic. The buildout features multiple bars, a full kitchen and proper exiting to enable an impressive 900+ person occupancy for the prior user.
This asset presents the rare opportunity to acquire a former nightclub with a grandfathered Type 47 Liquor license with 2am hours and favorable conditions for nightclub use. Blocks from Petco Park, luxury hotels and the Convention Center-this site has a walk score of 98! Now priced at $6,800,000 ($523 PSF), this trophy asset will be a proud addition to your portfolio for generations to come.

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,000 SF
Building Class
C
Year Built
1930
Price
$6,800,000
Price Per SF
$523
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.15
Lot Size
0.26 AC
Zoning
GQPD, San Diego - Commercial

AMENITIES

  • Corner Lot
  • Signage
  • Signalized Intersection

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 11,000 SF
  • Retail
  • -
  • Now

Gaslamp Nightclub / Retail / Restaurant building for lease or sale. Seller financing available. Fully built out with multiple bars, a full kitchen and a huge dancefloor this prominent club venue has entertained locals and visitors for many years. With a capacity exceeding 900 patrons you could attract some of the top names in the biz. In the past they have hosted Nas, Lil Wayne, 2 Chainz, Ice Cube, Big Sean, Snoop Dogg and more. This top corner could also be repurposed for eater-tainment, a signature restaurant, retail showroom etc.

  • 2nd Floor
  • 2,000 SF
  • Retail
  • In-Line
  • Now

Gaslamp Nightclub / Retail / Restaurant building for lease or sale. Seller financing available. Fully built out with multiple bars, a full kitchen and a huge dancefloor this prominent club venue has entertained locals and visitors for many years. With a capacity exceeding 900 patrons you could attract some of the top names in the biz. In the past they have hosted Nas, Lil Wayne, 2 Chainz, Ice Cube, Big Sean, Snoop Dogg and more. This top corner could also be repurposed for eater-tainment, a signature restaurant, retail showroom etc.

Space Size Space Use Position Available
1st Floor 11,000 SF Retail - Now
2nd Floor 2,000 SF Retail In-Line Now

1st Floor

Size
11,000 SF
Space Use
Retail
Position
-
Available
Now

2nd Floor

Size
2,000 SF
Space Use
Retail
Position
In-Line
Available
Now
Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (80)
Bike Score®
Very Bikeable (85)

NEARBY MAJOR RETAILERS

Lou & Mickey's
Starbucks
The Old Spaghetti Factory
California Coast Credit Union
Comerica
Bank of America
U.S. Bank
Pure Barre
Fogo de Chão
Cross Fit

PROPERTY TAXES

  • Listing ID: 33564857

  • Date on Market: 11/4/2024

  • Last Updated:

  • Address: 500-502 4th Ave, San Diego, CA 92101