1225 University Avenue

    San Diego, CA 92103
    • $4,999,000
    • STATUS: Active
    • ON SITE: 12 days
    • ID#: 190049444
    UPDATED: 31 min ago
    $4,999,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial-Lease
    County:

    School Ratings & Info

    Description

    We are pleased to exclusively present for sale, the rare opportunity to purchase both the business and the real estate located at 1225-37 University Avenue. There are two onsite restaurants with their own detached buildings. The first restaurant has a drive thru and is known as La Fuente Mexican Grill. The second restaurant is known as Roots Bowls. The Seller occupies both businesses. There is also a type 41 ABC License - beer/wine and food, included in the sale. This opportunity fits all types of buyers including developers, owner/users and investors. A developer can possibly build up to 35 apartment units and additional commercial space. An owner-user can either operate one or both restaurants. An investor can re-position the property by leasing the drive thru out to a national name brand tenant and the other structure to a national or regional type tenant. Call us today for a detailed Offering Memorandum. PLEASE DO NOT DISTURB THE EMPLOYEES.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-18T00:32:21.337. 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 deemed reliable but is not guaranteed accurate by the MLS or Crudo & Associates | Willis Allen Real EstateLa Jolla. Licensed in the State of California, USA.
    www.sdluxe.com/homes/98699198

    1225 University Avenue San Diego, CA 92103

    • Price: $4,999,000
    • Status: Active
    • Updated: 31 min ago
    • ID#: 190049444
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    County:
    San Diego
    Property Description
    We are pleased to exclusively present for sale, the rare opportunity to purchase both the business and the real estate located at 1225-37 University Avenue. There are two onsite restaurants with their own detached buildings. The first restaurant has a drive thru and is known as La Fuente Mexican Grill. The second restaurant is known as Roots Bowls. The Seller occupies both businesses. There is also a type 41 ABC License - beer/wine and food, included in the sale. This opportunity fits all types of buyers including developers, owner/users and investors. A developer can possibly build up to 35 apartment units and additional commercial space. An owner-user can either operate one or both restaurants. An investor can re-position the property by leasing the drive thru out to a national name brand tenant and the other structure to a national or regional type tenant. Call us today for a detailed Offering Memorandum. PLEASE DO NOT DISTURB THE EMPLOYEES.
    Property Features

    Country Us

    Listing provided courtesy of Tony Franco of Tony Franco Realty, Inc. and Cody Wippel of Tony Franco Realty, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-18T00:32:21.337. 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 deemed reliable but is not guaranteed accurate by the MLS or Crudo & Associates | Willis Allen Real EstateLa Jolla. Licensed in the State of California, USA.
     
    Crudo & Associates | Willis Allen Real EstateLa Jolla
    1131 Wall St.
    La Jolla CA, 92037