4727 University, East San Diego, CA 92105

$1,450,000

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List Price
$1,450,000
Status
ACTIVE
MLS#
260021397SD
Year Built
2018
Lot Size
2,862
Acres
0.07
Days on Market
1
Property Type
Commercial

Property Description

Turn key bar and restaurant asset package in a 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 concept with them, so you're getting the tools and the building, not an existing operation to step into. 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.

Additional Information

Heat
See Remarks
Cooling
Yes
Exterior Construction
Frame, Concrete, Stucco
Attached Structure
Detached
Number Of Units Total
1

Listing courtesy of Listing Agent: Tom North (tom@northprops.com) from Listing Office: North Properties.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.