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$10,000
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Property Description
This opportunity is offered at an exceptionally attractive introductory lease rate of only $8,000 per month plus $3,139 NNN, representing one of the most competitive turnkey nightclub and restaurant offerings in Downtown San Diego. Rare opportunity to secure a fully built-out 4,200 SF restaurant and nightclub venue at 420 E Street in one of Downtown San Diego's rapidly improving hospitality corridors, just minutes from Little Italy and surrounded by luxury high-rise residential towers, upscale hotels, and a growing base of affluent downtown residents and professionals. The area continues to transition into a more refined, investment-driven market with rising residential density and ongoing private and institutional investment signaling the next phase of downtown growth and hospitality demand. This is a rare below-market entry point allowing operators to secure a fully equipped venue while preserving capital for branding, operations, and guest experience rather than excessive occupancy costs. The space is fully fixturized and ready for immediate operation, including an ABC Type 47 license permitting service until 2:00 AM, approved live entertainment for DJs and bands, upgraded sound and lighting systems, DJ booth, two full bars, VIP lounge, and a fully operational commercial kitchen with hood system already in place. Previously operating as "Red O," the venue successfully supported an upscale dining and nightlife concept combining premium cocktails, elevated cuisine, and entertainment-driven programming. Don't miss the timing advantage as this corridor strengthens-early entr
Full Property Details
Full Property Details for 420 E St
General
- Price: $10,000
- Status: Active
- Type: Industrial
- Source: SANDICOR
- MLS ID: 260013684
- Updated: 6/5/2026
- Added to Site: 49 day(s) ago
Business
- Business Type: Commercial Lease
Interior
- Flooring: Slab
Rooms
Bathrooms
- Total Bathrooms: 2
Parking
- Parking Features: Public, Street
Location
- Area: SAN DIEGO DOWNTOWN (92101)
- County: San Diego
- Driving Directions: One block from the US Grant and around the corner from the Granger Hotel. One block south of Broadway and 4th Ave. on E St.
Heating & Cooling
- Cooling Type: Central Forced Air Elec
- Heating Type: Central Forced Air Elec
Structural Information
- Detached/Attached: Detached
- Construction: Brick
- Stories/Levels: 1
- Sq. Ft. Source: Buyer to Verify
Unit Information
- Units in Building: 1
Lot Features
- Lot Features: Free Standing
- Zoning: CM
Financial Considerations
- Operating Expenses: $2,000
- Tenant Pays: Electric, Gas, Insurance
Listed by The Agency (858) 967-4653, Geoffrey Turchin and The Agency (619) 933-2349, Ron Chaquica
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Schools
Schools serving 420 E St
School District:San Diego City Unified School District
| Name | Grades | Distance |
|---|---|---|
Washington Elementary School, San Diego, CA 1789 State Street, San Diego, CA 92101 | K-5 | 0.7 mi |
Roosevelt International Middle School 3366 Park Boulevard, San Diego, CA 92103 | 6-8 | 1.9 mi |
San Diego High School 1405 Park Boulevard, San Diego, CA 92101 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 420 E St
Date
Details
Price
Change
Source
5/01/2026
Listed
$10,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 420 E St
420 E St, San Diego, CA 92101 (MLS# 260013684) is a Industrial property. 420 E St is currently listed for $10,000 and was received on May 01, 2026. Want to learn more about 420 E St? Do you have questions about finding other Industrial real estate for sale in South San Diego? You can browse all South San Diego real estate or contact a Coldwell Banker agent to request more information.

