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2602 National Avenue, San Diego, CA 92113

Commercial property

2602 National Avenue, San Diego, CA 92113 Sold November 2024 CRMLS
$1,900,000Sold November 2024

Listing Agent: Josh Browar (DRE #01824454) · Listing Office: The Browar Group · Contact: 858-414-4398 · Bought with: Erik Anderson · NorthMarq Multifamily · MLS #240005402SD · Source: CRMLS

10
Units
Commercial property
Type

About this commercial property

Unlock the potential of 2602 National Avenue, a prime mixed-use property nestled in the vibrant neighborhood of Barrio Logan. Boasting over 3000 square feet of vacant retail space with 8 single rental occupancy units above, this property presents a rare opportunity for investors and entrepreneurs seeking to capitalize on the area's rapid growth and development. With over 3000 square feet of flexible retail space, the possibilities are endless. Whether you envision a trendy cafe, boutique gallery, or innovative co-working space, this blank canvas awaits your creative vision. Benefit from immediate income potential with 8 single rental occupancy units situated above the retail space. Currently leased significantly below market rents on month-to-month leases, there's ample room for value enhancement through strategic renovations and lease restructuring. While this property requires renovation work, its favorable CN 1-3 Zoning and prime location make it a compelling investment opportunity. With the right vision and execution, transform this diamond in the rough into a premier destination in the heart of Barrio Logan. Positioned in the heart of the trendy and up-and-coming neighborhood of Barrio Logan, 2602 National Avenue offers unparalleled access to vibrant cultural attractions, eclectic dining options, and thriving local businesses. Take advantage of the area's dynamic growth trajectory and be part of its exciting transformation.

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

Sale history

$1,900,000
Sold November 2024 · listed $2,100,000, orig. $2,500,000, on market March 2024 · MLS #240005402SD · Source: CRMLS
Listing Agent: Josh Browar · Listing Office: The Browar Group · Contact: 858-414-4398 · Bought with: Erik Anderson · NorthMarq Multifamily
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