Urban Property Group (UPG), a real estate services firm specializing in urban and coastal commercial property, recently sold the mixed-use building known as the Lincoln Hotel for $2.55 million. Located at 534-536 5th Ave., this historically designated Marker Number 60 in San Diego’s Gaslamp Quarter stands four stories tall and spans approximately 14,503 square feet. The property is currently occupied by El Cabron Restaurant on its ground floor and 41 affordable housing units on its upper floors. Bill Shrader of UPG represented Lincoln Hotel Partnership during the sale to Cyrus and Emilia Investments who plan to renovate the affordable housing component of this prime location just two blocks from Campus at Horton with potential for future success according to Shrader.
“30% Market Share of Chick-fil-A Property Sales Achieved by SRS”
SRS Real Estate Partners Capital Markets, located in Newport Beach, has announced that they have successfully sold 10 properties occupied
Steve Griffin
May 10, 2024
