Saska’s, former Swell Coffee, and parking lot properties sold in Mission Beach
Published - 07/15/20 - 12:03 PM | 3630 views | 1 1 comments | 3 3 recommendations | email to a friend | print
Saska’s at 3768 Mission Blvd.
Saska’s at 3768 Mission Blvd.
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Colliers International San Diego Regionannounces the sale of three properties in Mission Beach: Saska’srestaurant, former Swell Coffee shop and a surface parking lot. 

E3 Advisors, as receiver for American National Investments, sold the three properties with representation by Bill Shrader, Joe Brady and David Maxwell of Colliers International San Diego Region’s Urban Property Team through an auction process.

The Saska’s property is located at 3768 Mission Blvd. and includes a 2,740-square-foot, fully-fixtured restaurant building. OMG Hospitality Group acquired this property for $2.3 million with representation by Luis Mendoza of Century 21 Award. The owners of the San Diego-based hospitality group plan to continue operations of Saska’s in addition to their existing portfolio of San Diego restaurants and bars. 

The former Swell Coffee shop property is located at 3833 Mission Blvd. Jane and Mordechai Ami Cohen purchased this 600-square-foot property for $825,000 with representation by Colliers International’s Shrader, Brady and Maxwell. The new ownership is currently negotiating letters of intent to lease the space to a new coffee shop concept.

The .07-acre surface parking lot property is located at 3814-3876 Mission Blvd. Richard and Josephine Jennifer Uy acquired this property for $1 million with representation by Terry Sheldon of TL Sheldon & Associates.

“The three properties have been an important part of the Mission Beach community for many years,” said Shrader. “The new, separate ownership of these properties will continue serving neighbors and visitors in the greater Mission Beach neighborhood.”

 

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Richard Kiser
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July 20, 2020
How many condos can you fit on that parking lot? Answer: too many.
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