3874 38th St

Investment Highlights

Executive Summary

Building is currently utilized as a take out and catering restaurant. Building once was divided and operated as two retail location prior to current owner occupying space. Sale is for building and land. Property is 6,900 Square Feet and has gated entry from both sides of the property. Parking is currently drawn out to allow for up to 10 vehicle The space is ample with an industrial kitchen, two large walk-ins, storage space, guest seating space, and a food sales area. There are two bathroom spaces, one at the front of the building used for guests at the moment and one in the back used by the staff. The back of the building also has a small studio that can be an office, etc. City records indicate that the property is located in the San Diego Opportunity Zone.

• Sale Type    Investment or Owner User
• Property Type    Retail
• Property Subtype    Restaurant Restaurant General Retail Fast Food General Retail Storefront Restaurant
• Building Size    2,300
• Building Class    C
• Year Built    1969
• Price    1,440,000
• Price Per SF    626
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.33
• Land Acres    0.16 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

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