302 11Th Ave, San Diego, California 92101
945 sf retail space 1 block from Petco Park! Retail entrance faces east off of 11th Ave close to the corner of K St next in between an existing coffee shop and smoothie place. Property equipped with mop sink and handicap accessible bathroom. Commercial space comes with no parking space. ALLOWABLE USES: See page 18 Section 6.1a of the attached pdf. attachment for HOA CC&R description of allowable uses for “commercial units.” See Section 6.1 e,f,g,h,i,j for Non residential uses and Restaurant uses. HOA prohibits the use of this property for the production, storage or sale of cannabis. See Section 6.1d xiii and xiv. NOE AND CAP RATE CALCULATION: NOI and Cap Rate calculated based on a suggested $2765.49 base rent + $294.78 monthly HOA + $439.73 estimate monthly taxes. Property is currently vacant. Back office area (pictured) is included in the sf calculation. Upstairs area (pictured) where electrical panel and AC are housed is not included in the sf calculation.