4603 Mission BlvdSan Diego, CA 92109

Property Details for 4603 Mission Blvd

Year built

1985

Lot size

0.29 AC

Property size (Sq ft)

8,005 SF

Zone code

COMMERCIAL

Property type

Retail space

APN

415-592-25-00

APU

4155922500

Description

This exceptional 1,014 square foot retail sublease opportunity is situated in a vibrant Pacific Beach location at 4603 Mission Blvd, San Diego, CA 92109. The space is part of an 8,005 square foot building constructed in 1985, featuring a total of 15 parking spaces (a ratio of 1.89 per 1,000 square feet). The property boasts a highly desirable location, just two blocks from the beach in a walkable area with a Walk Score of 93. Benefit from the high traffic volume on Mission Boulevard and Felspar Street, with a reported 20,254 vehicles per day passing this intersection. The building is zoned C and sits on a 0.29-acre lot. This two-story building offers off-street parking for added convenience. The strong daytime and residential demographics of Pacific Beach create a robust customer base for your business. This sublease presents a unique chance to establish or expand your cafe or coffee shop in one of San Diego's most popular beach communities and nightlife destinations. The property features a total of 1,309 square feet of vacant space within the building. While there are no elevators, the building's two stories provide ample space for various business configurations. This is a rare opportunity to secure a prime retail space in a thriving coastal community.

• CAP approach

  CAP return

  Valuation

  6%

  $2,466,626

  6.5%

  $2,276,886

  7%

  $2,114,251

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,264,810

  Geo Method

  $7,100,150

• Alternative Use

  Use

  Valuation

  Residential

  $1,920,638

  Hospitality

  $1,759,294

  Educational

  $1,463,712

  Medical

  $1,514,052

  Retail

  $2,276,886

Location Insight

City

San Diego

County

San Diego

State

California

Latitude

32.7978

Longitude

-117.256

CBSA code

41740

CBSA name

SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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