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4727 University Ave 2,400 SF Retail Building San Diego, CA 92105 $1,450,000 ($604.17/SF)
Investment Highlights
- Full asset sale including real estate, equipment, liquor license and inventory
- Full kitchen with walk in cooler, fryers, char broiler and grease trap already in place
- Assumable ABC 47 liquor license with interim occupancy support during transfer
Executive Summary
Welcome to 4727 University Ave. A turn key bar and restaurant asset package in the hot University Ave corridor. This sale includes the real estate, all equipment, the liquor license, and inventory. Everything you need to launch your own concept in a fully built out commercial space. This is not a business sale, the current owner is taking their Key and Cleaver concept with them, so you're getting the tools and the building.
Built in 2018, this is a real commercial asset, not a converted storefront. Modern construction means lower maintenance and lower operating costs right out of the gate, so more of your revenue stays revenue. Two story layout with an elevator, a copper bar top, beer taps, a walk in cooler, full kitchen with refrigerators, fryers, and a char broiler, plus a grease trap already in place. Rooftop patio and gated parking add to the draw.
Upstairs there's a huge office with real upside, build it out as a private event studio, a second bar, or additional revenue generating space to expand your footprint without expanding your lease. Full ABC 47 liquor license is assumable, and the seller will support interim occupancy while the license transfers so you're not sitting dark during the process.
Bring your concept and run it as a bar and grill, a full service restaurant, or whatever fits your vision. Everything is permitted and ready to go. Close escrow, transfer the license, stock the space, and open your doors.
Built in 2018, this is a real commercial asset, not a converted storefront. Modern construction means lower maintenance and lower operating costs right out of the gate, so more of your revenue stays revenue. Two story layout with an elevator, a copper bar top, beer taps, a walk in cooler, full kitchen with refrigerators, fryers, and a char broiler, plus a grease trap already in place. Rooftop patio and gated parking add to the draw.
Upstairs there's a huge office with real upside, build it out as a private event studio, a second bar, or additional revenue generating space to expand your footprint without expanding your lease. Full ABC 47 liquor license is assumable, and the seller will support interim occupancy while the license transfers so you're not sitting dark during the process.
Bring your concept and run it as a bar and grill, a full service restaurant, or whatever fits your vision. Everything is permitted and ready to go. Close escrow, transfer the license, stock the space, and open your doors.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,400 SF
Building Class
B
Year Built
2018
Price
$1,450,000
Price Per SF
$604.17
Tenancy
Single
Building Height
2 Stories
Building FAR
0.84
Lot Size
0.07 AC
Opportunity Zone
Yes
Zoning
C-6 - c
Parking
2 Spaces (0.83 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Fenced Lot
- Restaurant
- Security System
- Signage
- Tenant Controlled HVAC
- Roof Terrace
- Storage Space
- Air Conditioning
- Balcony
- Cafe
Very walkable
80/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 471-592-29 | Improvements Assessment | $424,483 |
| Land Assessment | $742,845 | Total Assessment | $1,167,328 |
Property Taxes
Parcel Number
471-592-29
Land Assessment
$742,845
Improvements Assessment
$424,483
Total Assessment
$1,167,328
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