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Retail building in Old Town on Juan sold

The 12,875-square-foot retail property in Old Town at 2802 Juan St., San Diego 92110, has been sold for $2.85 million.

The buyer was Charles I. Jadallah, 4 W. Fourth Ave., Suite C, San Mateo 94402.

The acquisition was financed with a loan of $1.17 million from Wells Fargo Bank (NYSE: WFC).

The seller of the property (assessor's parcels 442-490-15 and 18) was 2802 Juan Street LLC, a California limited liability company, and Michael J. Hall and Linda D. Hall, co-trustees of the Hall Trust.

The transaction included the building (constructed in 1981) on a 9,683-square-foot lot and an adjacent 13,886-square-foot vacant lot.

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