1620 6th Ave Local commercial 375 m² À vendre San Diego, CA 92101 2 387 935 € (6 362,26 €/m²) Taux de capitalisation 6,06 %

* IRREPLACEABLE DOWNTOWN SAN DIEGO LOCATION
* STABILIZED INCOME WITH GLOBAL RETAIL TENANT
* EXTENSIVE CAPITAL IMPROVEMENTS – $1M+ INVESTED
* MILLS ACT ELIGIBLE – POTENTIAL TAX REDUCTION OF 75%
Marcus & Millichap is pleased to exclusively market for sale the fee simple interest in a single tenant retail property located at 1620 6th Ave, San Diego, CA. This offering represents a unique opportunity to acquire a stabilized investment with historic designation in Cortez Hill, one of downtown San Diego’s most desirable neighborhoods known for its tranquil atmosphere, clean streets, and residential appeal.
The property boasts a prime location with exceptional connectivity, situated just minutes from the I-5 freeway and within walking distance of Balboa Park, San Diego’s cultural and recreational centerpiece. Cortez Hill’s strategic position offers easy access to the bustling downtown core while maintaining a quieter, more refined environment.
The property is leased to Grace Loves Lace, a globally recognized bridal retailer with 26 boutiques. Backed by Seidler Equity Partners, led by the Seidler family—owners of the San Diego Padres—the tenant brings strong financial backing and brand credibility. Housed in a stunning 1928 Spanish Colonial Revival cathedral, the building offers investors a rare blend of architectural beauty, historical significance, and stable tenancy in one of San Diego’s most charming urban neighborhoods.