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1551 4th Ave - Solara Lofts 3,166 SF Office/Retail Condo Unit Offered at $2,057,900 in San Diego, CA 92101
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- Offering Memorandum
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | Sale Conditions | Build to Suit |
| No. Parking Spaces | 3 | APN/Parcel ID | 533-384-17-01 |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 3 |
| Sale Conditions | Build to Suit |
| APN/Parcel ID | 533-384-17-01 |
Description
±3,166 SF ground floor retail/office condo for sale fronting Cedar Street & 4th Avenue
Sale Price: $2,057,900 ($650/RSF)
HOA Dues: $0.34/SF/Month
Ground floor presence with multiple glass door entrances
Could potentially split into multiple users
Exterior signage available
3 on-site parking spaces (included in sale)
Additional parking available in nearby lots and garages
On-site storage available
Access to building fitness center, locker room, sauna, spa and racquetball court (included in sale)
Located in Downtown/Bankers Hill within walking distance to the Gaslamp Quarter, Balboa Park & Little Italy
Excellent Freeway Access to I-5, Highway 163 and the San Diego International Airport
Currently built out as a tasting room for a privately owned family winery
2 private event rooms, large offices or conference rooms
Kitchenette with sink
Open office areas
Private restrooms
Storage/IT Room
High ceilings throughout
Exterior private patio
Flexible layout provides for multiple uses including retail, office & medical
Sale Price: $2,057,900 ($650/RSF)
HOA Dues: $0.34/SF/Month
Ground floor presence with multiple glass door entrances
Could potentially split into multiple users
Exterior signage available
3 on-site parking spaces (included in sale)
Additional parking available in nearby lots and garages
On-site storage available
Access to building fitness center, locker room, sauna, spa and racquetball court (included in sale)
Located in Downtown/Bankers Hill within walking distance to the Gaslamp Quarter, Balboa Park & Little Italy
Excellent Freeway Access to I-5, Highway 163 and the San Diego International Airport
Currently built out as a tasting room for a privately owned family winery
2 private event rooms, large offices or conference rooms
Kitchenette with sink
Open office areas
Private restrooms
Storage/IT Room
High ceilings throughout
Exterior private patio
Flexible layout provides for multiple uses including retail, office & medical
Sale Notes
Currently built out as a tasting room for a privately owned family winery
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 101 | 3,166 SF | Office/Retail | $2,057,900 ($650.00/SF) | - |
Unit 101
| Unit Size |
| 3,166 SF |
| Condo Use |
| Office/Retail |
| Price |
| $2,057,900 ($650.00/SF) |
| NOI |
| - |
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Unit 101
| Unit Size | 3,166 SF |
| Condo Use | Office/Retail |
| Price | $2,057,900 ($650.00/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 3 |
| Sale Conditions | Build to Suit |
| APN/Parcel ID | 533-384-17-01 |
| Description | |
| ±3,166 SF ground floor retail/office condo for sale fronting Cedar Street & 4th Avenue<br> Sale Price: $2,057,900 ($650/RSF)<br> HOA Dues: $0.34/SF/Month<br> Ground floor presence with multiple glass door entrances<br> Could potentially split into multiple users<br> Exterior signage available<br> 3 on-site parking spaces (included in sale)<br> Additional parking available in nearby lots and garages<br> On-site storage available<br> Access to building fitness center, locker room, sauna, spa and racquetball court (included in sale)<br> Located in Downtown/Bankers Hill within walking distance to the Gaslamp Quarter, Balboa Park & Little Italy<br> Excellent Freeway Access to I-5, Highway 163 and the San Diego International Airport<br> Currently built out as a tasting room for a privately owned family winery<br> 2 private event rooms, large offices or conference rooms<br> Kitchenette with sink<br> Open office areas<br> Private restrooms<br> Storage/IT Room<br> High ceilings throughout<br> Exterior private patio<br> Flexible layout provides for multiple uses including retail, office & medical</li></ul> | |
| Sale Notes | |
| Currently built out as a tasting room for a privately owned family winery</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 111,181 SF | Typical Floor Size | 13,875 SF |
| Property Type | Multifamily (Condo) | Year Built | 2006 |
| Property Subtype | Apartment | Lot Size | 0.35 AC |
| Building Class | B | Parking Ratio | 6.25/1,000 SF |
| Floors | 8 | ||
| Zoning | CCPD-G | ||
| Total Building Size | 111,181 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 8 |
| Typical Floor Size | 13,875 SF |
| Year Built | 2006 |
| Lot Size | 0.35 AC |
| Parking Ratio | 6.25/1,000 SF |
| Zoning | CCPD-G |
Amenities
Site Amenities
- Fitness Center
- Sauna
- Security System
- Spa
- Racquetball Court
- Storage Space
- Elevator
- Key Fob Entry
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 77 | - | - |
1 1
Very walkable
80/100
Very drivable
80/100
Strong public transit
80/100
Moderately bikeable
70/100
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1551 4th Ave - Solara Lofts
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