Property Detail

Description

Prime real estate on Garnet Avenue, PB's busiest commercial corridor, running straight from I-5 to the sand. +/-7,840 SF building on a 15,625 SF lot (125' x 125') with 17 on-site parking spaces. The property is zoned CC-4-2 (mixed-use, high-intensity commercial). Directly across from Trader Joe's & Staples, this property is walking distance to the beach, boardwalk & Mission Bay. A majority of the property delivered VACANT at close of escrow providing a rare owner-user play with room for SBA financing (~10% down) while collecting rent from two in-place tenants. Investors: reposition leases across 3 individually metered units for strong upside. Developers: oversized PB lot with excellent incentives. First time on the market in decades, don't miss this one!