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Mixed Use Pacific Beach Property For Sale 4955 Cass St 4,526 SF 100% Leased Retail Building San Diego, CA 92109 $3,250,000 ($718.07/SF)



Investment Highlights
- 3 UNIT MIXED-USE RETAIL AND RESIDENTIAL BUILDING
- 125 FEET OF FRONTAGE ALONG CASS STREET
- NEWLY REMODELED BUILDING, WALKING DISTANCE TO THE BEACH
- OCCUPIED BY HOT OR NOT THAI, PB GYM, AND A RESIDENTIAL UNIT
- PARTIAL OCEAN VIEWS FROM TOP FLOOR OF GYM DECK
- POTENTIAL OWNER-USER, INVESTOR OR DEVELOPER OPPORTUNITY
Executive Summary
Originally listed at $3,350,000, this property is now listed for sale at $3,250,000!
The Franco Realty Group is proud to exclusively present for sale 4955-65 Cass Street San Diego, CA 92109. This mixed-use property is comprised of 3 units: Hot or Not Thai Food, the PB Outdoor Gym and a residential unit. The property underwent substantial renovation in 2017/2018. The subject property is situated just blocks from the beach in a high-demand rental market, this site offers strong potential for a ground-up multi-family redevelopment, an investor opportunity to collect great cash flow, and there is the potential opportunity for an owner-user.
The Franco Realty Group is proud to exclusively present for sale 4955-65 Cass Street San Diego, CA 92109. This mixed-use property is comprised of 3 units: Hot or Not Thai Food, the PB Outdoor Gym and a residential unit. The property underwent substantial renovation in 2017/2018. The subject property is situated just blocks from the beach in a high-demand rental market, this site offers strong potential for a ground-up multi-family redevelopment, an investor opportunity to collect great cash flow, and there is the potential opportunity for an owner-user.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
4,526 SF
Building Class
C
Year Built/Renovated
1958/2018
Price
$3,250,000
Price Per SF
$718.07
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.74
Lot Size
0.14 AC
Zoning
CSCPD, San Diego
Frontage
175’ on Cass St
Walk Score®
Very Walkable (89)
Nearby Major Retailers
Property Taxes
| Parcel Number | 415-421-20 | Improvements Assessment | $1,908,707 |
| Land Assessment | $1,363,685 | Total Assessment | $3,272,392 |
Property Taxes
Parcel Number
415-421-20
Land Assessment
$1,363,685
Improvements Assessment
$1,908,707
Total Assessment
$3,272,392
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Mixed Use Pacific Beach Property For Sale | 4955 Cass St
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