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416 University Ave San Diego, CA 92103

Prime San Diego location, flexible space available.

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional mixed-use property at 416 University Avenue in San Diego's vibrant Hillcrest submarket presents a unique investment opportunity. The two-story, 5,992 square foot building, constructed in 1991, offers flexible space ideal for a variety of uses. Currently entirely vacant, the property boasts a first-floor retail space of 1,650 square feet, previously occupied by a cafe and breakfast restaurant. This shell space presents an excellent opportunity for a new restaurant concept. The second floor comprises 4,040 square feet of open-plan shell space, previously used for office and residential purposes, offering significant potential for conversion into modern office space or apartments. The building features eight parking spaces, a significant advantage in this desirable location. The minimum divisible space is 1,650 square feet, with a maximum contiguous space of 4,050 square feet. The property is conveniently located on University Avenue, near the intersection with Fourth Avenue, and benefits from excellent visibility and accessibility. The presence of an elevator adds to the building's functionality and appeal. This is a rare chance to acquire a well-situated, versatile property in a thriving San Diego neighborhood. The building's location in the Hillcrest submarket ensures high foot traffic and proximity to a diverse range of businesses and amenities.

Highlights

  • 5,992 SF mixed-use building on a 5,060 SF lot in San Diego's Hillcrest submarket.
  • 1,650 SF ground floor retail space, previously a restaurant.
  • 4,040 SF second-floor open space, suitable for office or residential conversion.
  • Eight gated parking spaces.
  • Prime Hillcrest location at University & Fourth Avenues, offering high visibility and accessibility.
  • Elevator included.

Property Details for 416 University Ave

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
5,992 SF
Year Built
1991
Buildings
1
Stories
2

Unit(s) available at that property

Space
Ground Floor Retail
Size
1,650 SF

Location Insight

City
San Diego
County
San Diego
State
California
Latitude
32.7485367
Longitude
-117.1611237

FAQs

What type of property is this?
Retail property - Prime San Diego location, flexible space available.
Where is the retail property located?
The property is located at 416 University Ave San Diego, CA.
What are key features of this property?
This property features: 5,992 SF mixed-use building on a 5,060 SF lot in San Diego's Hillcrest submarket.; 1,650 SF ground floor retail space, previously a restaurant.; 4,040 SF second-floor open space, suitable for office or residential conversion.
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416 University Ave
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