February 27, 2022

OCEAN BEACH ICONIC RESTAURANT SOLD!!!

SOLD – OCEAN BEACH ICONIC RESTAURANT

1852-66 BACON ST & 5000-5032 NIAGARA AVE SAN DIEGO (OCEAN BEACH), CA 92107

Features Include:

• Business Includes One Type 47 ABC License (Liquor & Food)
• Real Estate Includes 25,797 Square Feet of Land Less Than 1 Block from Beach
• Major Mixed-Use Redevelopment Opportunity, Potentially 17 Units
• 57+ Year Old, Award Winning Restaurant, Established in 1960
• Zoned CC-4-2 Which Includes Most Retail and Office Uses
• First Time on the Market in Over 57+ Years
• Stock Purchase Agreement Used to Sell the Corporation, Natis Inc.
• Four Additional Retail Units All on Month to Month Lease Agreements
• The Franco Realty Group Represented the Buyer and Seller