Sold
2002-2004 University Avenue
North Park CA, 92104
$2,300,000
Sold
Commercial
Pacific Coast Commercial is pleased to present this mixed-use commercial building with income located in central San Diego between two exclusive communities, North Park and Hillcrest. It provides an opportunity for a creative office or retail business to occupy up to 2,538 SF of the building with additional income to offset it's expenses and longer term redevelopment upside. An investor has the potential to capture a 6.1% cap rate through lease up or residential conversion. Both of these San Diego communities cater to a locals and tourist crowd and streets are lined with coffee shops, boutiques, art galleries, diverse restaurants and craft beer pubs. This colorful unique building was painted by world renowned graffiti legend and contemporary artist Kelly "RISK" Graval, (www.riskrock.com), who's work has been shown in top galleries in LA, San Francisco, Toronto, New York, Miami and London.
210006857
MLSⓇ ID
March 17, 2021
Listed
February 10, 2024
Updated
Map
2002-2004 University Avenue
North Park CA, 92104
Other Property Details
Area Name
Metro Uptown
Days on Market
145
Garage
No
Parking
On Site, On Street
View
No
County
San Diego
Pool
No
Zoning
CN-1-5
Buyer Agency Compensation
2%
Listed by Pacific Coast Commercial, Jason Vieira,
Listing Contact: 619-469-3600
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Data last updated 2:09 AM UTC, 2/10/2024
