The portfolio includes the two operating full-service restaurants - Patio on Lamont in Pacific Beach, and Saska's in Mission Beach, one recently closed full-service restaurant – Himmelberg’s in East Village, as well as a recently closed coffee shop and sandwich in Mission Beach, Swell Coffee Co.
Also included in the portfolio are two operating parking lots in Mission Beach – one owned and one leased.
Buyers may elect to bid on any individual or multiple properties. Interested parties can contact Bill Shrader and Joe Brady of Colliers International’s Urban Property Team for any inquiries regarding the portfolio.
“This portfolio represents a unique investment opportunity to acquire up to six properties in the heart of two of San Diego’s most bustling neighborhoods: East Village and Pacific Beach,” said Shrader. “The four buildings feature fully fixtured restaurant operations with high-level upgrades that are all positioned for future success.”
The restaurant properties:
The Patio on Lamont: At 4445 Lamont St., this location is currently operating and has been a dining destination for more than three decades. The 6,525 square-foot parcel includes a beach area, Type 47 liquor license and the opportunity to add multi-family units.
Saska's: Located at 3768 Mission Blvd., this 2,740 square-foot building has been a local eatery for more than 60 years. The property was renovated in 2017 and is currently operating. This location includes a Type 47 liquor license.
Former Swell Coffee Co.: Located at 3833 Mission Blvd., this 1,257 square-foot property was the former destination for coffee and light food. The property enjoyed a strong sales history but is currently closed.
Former Himmelberg’s: Situated near Petco Park in San Diego’s East Village neighborhood, the 3,750 square-foot building was renovated in 2016 and is currently closed but was previously a sports bar with a strong following from locals and tourists. This location also includes a Type 47 liquor license.