Encinitas Retail Building Sells for $6.5 Million

San Diego – The buyer plans to operate a new restaurant on the property, which has been vacant for more than a year.

San Diego – A 35,000-square-foot restaurant space in Encinitas has sold to PS2 Pacific LLC for $6.5 million. The property is located at 2530 Highway 101 in the San Diego submarket. The buyer plans to operate a new restaurant on the property, which has been vacant for more than a year. The buyer also owns Pacific Coast Grill, which is adjacent to the property. PS2 was represented by Richard Lebert and Matt Zimsky of Colliers International. The seller was Avolencia Group LLC.

 

  Nellie Day

Tagged under