REBusinessOnline

BEACHFRONT RESTAURANT PROPERTY IN ENCINITAS SELLS FOR $6.5M

SAN DIEGO – An 8,400-square-foot restaurant space in the San Diego submarket of Encinitas has sold to PS2 Pacific LLC for $6.5 million. The beachfront property is located at 2530 Highway 101. The buyer plans to renovate the property before opening a new restaurant at the space, which has been vacant for more than a year. The buyer also owns Pacific Coast Grill, an adjacent restaurant property. The seller, Avolencia Group LLC, originally built the property more than 40 years ago. It had no outside representation. The buyer was represented by Richard Lebert and Matt Zimsky of Colliers International.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

Subscribe to the newsletter
Conferences


Request media kit

Read the Digital Editions

Northeast Multifamily & Affordable Housing Business

Midwest Multifamily & Affordable Housing Business

Western Multifamily & Affordable Housing Business

Texas Multifamily & Affordable Housing Business

Southeast Multifamily & Affordable Housing Business

Heartland Real Estate Business

Northeast Real Estate Business

Southeast Real Estate Business

Texas Real Estate Business

Western Real Estate Business

Shopping Center Business

California Centers

Student Housing Business

Seniors Housing Business

Featured Properties