3681 5Th AveSan Diego, CA 92103

This exceptional two-story, 3,214 square-foot restaurant building, situated on approximately 4,792 square feet of land in San Diego's desirable Hillcrest neighborhood, presents a compelling investment opportunity. Built in 1920 and fully renovated in 2015, the property boasts upgraded AC units, a single electrical and water meter, a fully sprinklered system, and ADA compliance (buyer to verify). The building includes an additional 887 square feet of outdoor patio space, perfect for al fresco dining. Located at 3681 Fifth Avenue, between Pennsylvania Avenue and Anderson Place, the property benefits from high visibility and foot traffic in a vibrant, pedestrian-friendly area known for its diverse dining and entertainment options. The property is zoned CC-3-9 and features wood frame construction. The asking price is $2,750,000, representing a price per square foot of $598.94 and a land value of $3,911 per square foot. Currently operating at 100% occupancy with an absolute NNN lease, the property offers a 3.14% cap rate. The strong demographics and growing uptown community, coupled with the proximity to new apartment developments, contribute to the property's significant investment potential. This is a rare chance to acquire a move-in ready restaurant in a highly sought-after San Diego location.