1631 Garnet Avenue
About this property
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!
About this property
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!
Features and Additional Information
Presented By Desert Lifestyle Properties
Want to See More Listings in the Area?
Brokerage: Tony Franco Realty, Inc.
