2401 Imperial Ave, San Diego, CA 92102

About this commercial property

Welcome to 2401 Imperial Ave, an exceptional commercial property situated in the bustling heart of San Diego, CA. Boasting a prime location with high visibility and accessibility, this property presents an outstanding opportunity for investors seeking solid returns and value enhancement. With two well-established tenants—a thriving auto body shop and a bustling tire shop—this property enjoys a steady income stream with ample room for growth. The current 5.47% cap rate underscores its attractiveness as an investment, while the pro forma projection of a 7.62% cap rate highlights its potential for enhanced profitability. Strategically positioned to capitalize on the robust demand for automotive services in the area, this property offers investors the chance to maximize value through lease increases and value-added improvements. Whether you're an experienced investor looking to expand your portfolio or a newcomer eager to enter the lucrative commercial real estate market, 2401 Imperial Ave presents an enticing opportunity for success. Don't miss your chance to own a piece of San Diego's thriving commercial landscape. Schedule a viewing today and discover the endless possibilities awaiting you at 2401 Imperial Ave. Please call for a showing and details.

Listing description from the October 2024 sale, as reported to CRMLS.

Sale history

$1,150,000

Sold October 2024 · listed $1,259,302, on market May 2024 · MLS #240012702SD · Source: CRMLS

Listing Agent: Anthony Joplin · Listing Office: Investment Realty Homes & Loans · Contact: 619-651-8550 · Bought with: Anthony Joplin · Investment Realty Homes & Loan

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