DO NOT DISTURB THE TENANTS This coastal property is made up of various restaurants and office space, with a total building size of 38,103 square feet. Downstairs you will find three restaurants, a clothing store and the 7,100 vacant retail space that was previously occupied by Sketchers. All of the ground floor leases are on triple net lease agreements. Upstairs is filled with about 45 executive offices, an onsite manager, a printing room and a large conference room. The executive suites all have less than one year left on the term of their lease. Some of the offices have interior views of the ground floor anchor retail space and some of the offices have views of Garnet Avenue and the ocean. The total land size of the 6 parcels totals 62,500 square feet, or 1.43 acres of land. Due to the land’s proximity to the ocean and Crystal Pier, the parking generates a tremendous amount of income across 121 parking spaces. This is an excellent opportunity for an Owner-User to relocate their headquarters at this amazing location with tremendous signage amongst strong foot and vehicle traffic. A company can occupy over 18,000 square feet of space or more than 51% of the building size, which qualifies for SBA Financing. An investor can reposition the Seacoast Center by leasing out the vacant spaces, improving the parking lot and gradually raising rents over time. A developer can collect a decent return on investment while entitling the property into a mixed- use development.
Property Details
Price:
$31,000,000
MLS #:
240022598SD
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Subdivision:
Pacific Beach
Neighborhood:
92109pacificbeach
Listed Date:
Sep 23, 2024
Lot Size:
62,500 sqft / 1.43 acres (approx)
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Community
- Address4475 Mission Bouleard San Diego CA
- SubdivisionPacific Beach
- CitySan Diego
- CountySan Diego
- Zip Code92109
Subdivisions in San Diego
- Bay Park
- BP
- Campo
- Carmel Mountain Ranch
- Carmel Valley
- CAV
- Chula Vista
- City Heights
- Civita CIVI
- Clairemont
- Clifton Heights CLFH
- COL
- College Grove
- Coronado Shores
- Coronado Village
- Crown Point
- Del Cerro
- Del Mar
- Downtown
- Downtown DT
- DWTN
- East Del Mar
- East Escondido
- East San Diego
- El Cajon
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- Encanto
- ENCTO
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- Hampton Place HAMP
- HI
- High Country 780
- Hillcrest
- Horizon HORZ
- Imperial Beach
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- Knightsbridge KBRG
- La Jolla
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- LV
- MB
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- Mirador MIRD
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- Mission Greens R1 MG
- Mission Hills
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- MV
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- Normal Heights
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- NP
- OB
- Ocean Beach
- Ocean View Terrace OVTR
- Old Town
- Pacific Beach
- PalaciMaPD
- Paradise Hills
- PH
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- Poway
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- Rancho Bernardo
- Rancho Pacifica 1 261701
- Rancho Penasquitos
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- RB
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- Sabre Spr
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- Stonecrest 892
- Talmadge
- The Heights
- TheBluffs2
- Tierrasanta
- Torrey Highlands
- Trails of Rancho Bernardo
- UC
- University City
- University Heights
Market Summary
Property Summary
- Located in the Pacific Beach subdivision, 4475 Mission Bouleard San Diego CA is a Land for sale in San Diego, CA, 92109. It is listed for $31,000,000 and features 1 acres. To schedule a showing of MLS#240022598sd at 4475 Mission Bouleard in San Diego, CA, contact your Pacific Sotheby’s International Realty agent at 6193633000.
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