Description
One of the best redevelopment or recommitment to current operations you will find in San Diego. This property occupies prime real estate in San Diego's North Parks neighborhood. On the corner of University and Granada is where you will find this perfectly located commercial building. Building is currently being operated with 2 leases. Bottom floor has been a commercial laundry facility for decades and is currently being operated by owner. Second floor is operated as a gym and has been for decades as well. Both leases are currently way under market. Property is located right next to the city brand new North Park Mini Park. And directly behind North Park Theater and multiple restaurants and bars. The potential for redevelopment is huge and the site lends itself to multiple avenues. Condos, condos/retail, commercial, apartments, apartments/retail.
Location
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