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Pending
901 Bayfront Court,#101 San Diego, CA 92101
$100,000
790 sq ft

Courtesy of Berkshire Hathaway HomeService.

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Miguel Contreras

Miguel Contreras

Engage, Endeavor, Edify

Property Description

GELATO AND FRIENDS PRESENTS AN EXTRAORDINARY OPPORTUNITY TO PURCHASE AN UP AND RUNNING BUSINESS WITH A PRIME LOCATION IN THE RETAIL SECTION OF THE INTERCONTINENTAL HOTEL AT THE WATERFRONT. THE GELATO SHOP IS DIRECTLY ACROSS THE STREET FROM THE CRUISE SHIP TERMINAL AND THE BROADWAY PIER. THE SHOP HAS VIEWS OF THE STAR OF INDIA, THE HARBOUR, POINT LOMA, THE MIDWAY MUSEUM, AND GALLEON SHIPS. THE PURCHASE PRICE INCLUDES A $65,000 DEPOSIT WHICH WILL REVERT TO THE PURCHASER WHEN THE LEASE EXPIRES IN EIGHT YEARS. BUSINESS REVENUES COULD BE INCREASED TREMENDOUSLY BY EXPANDING BUSINESS HOURS (IT CURRENTLY OPENS AT 12:00 NOON). ADDITIONAL MARKETING AND ADVERTISING OPPORTUNITIES INCLUDE THE INTERCONTINENTAL HOTEL, THE CRUISE SHIPS, ADJACENT HOTELS AND CONDOMINIUMS. THE MENU COULD BE EXPANDED TO INCLUDE: COFFEE, ESPRESSO, PASTRIES, GRANITA, AND BRIOCHE. WITH PERMITS, IT MAY BE POSSIBLE TO SERVE PIZZA, FISH AND CHIPS, AND OTHER ITEMS.

Property Details & Features

Property Type

  • Com-busop

Heating

  • Central Forced Air Elec

Listing

  • Source: SDMLS
  • Listing date: 2022-09-15
  • For Sale
  • 18 days on market
  • Lease type: TERM LEASE.
  • Lease expires: 2030-09-15

Location

  • County: San Diego
  • Neighborhood Shopping Ctr
  • Remarks

Property

  • Business name: GELATO & FRIENDS

Expenses

  • Cost of sales: 0

Income

  • Gross profit: 0

Parking

  • Public
  • Street
  • Other/Remarks

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