San Diego, CA 92113,2602 National Avenue
San Diego, CA 92113,2602 National Avenue
San Diego, CA 92113,2602 National Avenue
$1,900,000
Est. payment /mo
$2,100,000
9.5%
Est.Price: ?

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SOLD DATE : 11/01/2024

Key Details

Sold Price $1,900,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 240005402SD

Sold Date 11/01/24

HOA Y/N No

Property Description

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.

Location

State CA

County San Diego

Area 92113 - Logan Heights

Interior

Fireplace No

Others

Tax ID 5386102200

Financing Cash

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California Regional MLS (CRMLS)
Listed by Josh Browar • The Browar Group
Bought with Erik Anderson • NorthMarq Multifamily

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Max Chuong Thai

+1(323) 309-3423

Agent | License ID: 02134406

Agent License ID: 02134406

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