420 E St, San Diego, CA 92101

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