San Diego Bar for Sale: Real Estate, Bar, Club, Spirits, Large Billboard Just Off I-5

Here is a great opportunity to own real estate with a tremendous upside while generating income today. This is a beach area property set up as a bar and night club. It has a type 48 liquor license. Money is tight you say? How about owner financing to help you out with this deal? Opportunity abounds, as a pure investment, this property has approx 3,043 leasable sq. ft. at a market rate of $4,500-5,000/month. Location has four rental units behind the main property that are currently rented for 400 each per month. There is an on site full sized two sided billboard that will generate between $1,500-$2,000 per month. Income potential of over 100k per year here. Cap rate of 8.0 % shows value to be $1.3 million and that does not even include the value of the bar business.
With 500k down the owner would carry the remainder of the purchase price for the right qualified buyer. Here is an investment that positive cash flows! Buy the bar and night club and become your own landlord, never again worry about a landlord that doesn�t have the best interest of his tenant in mind.
Bar and club business is available with property purchase or separately. Bar is a local favorite hangout spot just waiting for the right owner to come in and capitalize on the location and potential. Want to own a bar by the beach? Here is your chance. Please click on one of the orange buttons below for further details.

Demographics

Population	3-mi.	5-mi
2014 Total Population	79,833	269,561
Households	3-mi.	5-mi
2010 Number Of Households	20,202	71,590
2010 Persons Per Household	3.68	3.51
Median House Value	$269,800	$306,274
Income Per Household	$57,618	$60,311
Businesses	3-mi.	5-mi
2009 Number Of Businesses	1,336	3,726
2012 Number Of Employees	29,840	93,840
2012 Total Annual Payroll	$592,721,000	$1,589,789,000

click for more demographic info

Disclaimer