2801 University AveSan Diego, CA 92104

This exceptional San Diego retail property, located at 2801-2811 University Avenue, presents a unique owner-user opportunity. The 9,000 square foot building sits on a 9,147 square foot lot and boasts a prime location in the thriving North Park neighborhood, known for its diverse cultural scene, art galleries, boutiques, and popular restaurants and breweries. Currently configured as a two-unit building, it features a 50% occupancy rate with a long-term, triple-net (NNN) lease to the highly-rated Mission Cafe, a local favorite. The building, constructed in 1924, is a single-story structure with Commercial (C) zoning. The asking price is $5,400,000, translating to $600 per square foot. The property benefits from high visibility and traffic on University Avenue, a highly walkable area with ample street parking and proximity to a 400-space parking garage. Less than a mile from Interstate 805, the location offers excellent accessibility. This fee-simple ownership provides the potential for significant equity appreciation and allows for SBA financing, making it an attractive investment for owner-occupants seeking to customize the vacant space to their business needs. The property's APN is 453-111-01-00. This is a rare chance to acquire a well-situated property in a rapidly developing area of San Diego.