Retail Building on Newport Avenue Goes for $800,000

by on July 31, 2013 · 2 comments

in Culture, Economy, Ocean Beach

OB Newport Ave 4932

(Screen capture from google maps) 4932 Newport Avenue, OB.

A building in the 4900 block of Newport Avenue in Ocean Beach has just been sold for $800,000.  The retail building at 4932 Newport – which currently holds the  young women’s store, Miss Match – includes approximately 2400 square foot of space.

The approximately 2,400-square-foot retail building in Ocean Beach at 4932 Newport Ave., San Diego 92107, has been sold for $800,000.

According to The Daily Transcript, the buyer was Tally Bercovitz,  an owner/user. And the seller was the Mary M. Winn Trust.

“Todd Massas from Plaza Bank helped secure financing on the property for the buyer.  Peter Wright of QualityFirst Commercial represented both parties.”

The Daily Transcript (subscription only)


{ 2 comments… read them below or add one }

avatar Dave Rice July 31, 2013 at 6:34 pm

Double-siding an $800K sale – that’s good for $40-48K commission. Not bad…


avatar Terrie July 31, 2013 at 10:45 pm

So, will the new owners keep the same stores there, or are they planning to evict them and put in something else?


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