The two-story, 8,000-square-foot, neighborhood office building in Normal Heights at 4434 30th St., San Diego, 92116 sold for $1,025,000.
The buyer was Air K. Ashton, 3535 Ibis St., San Diego 92103.
The acquisition was financed with a loan of $871,200 from Wells Fargo Bank.
The seller of the property (assessor's parcel 446-103-20) was Berlin Enterprises Inc., with Howard Berlin as president.
Marc Frederick, of Colliers International, represented the seller. Shirley Kanamu, of Pacific Coast Commercial, represented the buyer.
The new ownership plans to renovate the office space into an art gallery on the first floor, and artists' lofts on the second floor.
“This owner/user sale marries the right property with the right use,” said Frederick, associate vice president at Colliers. “The conversion of this space to an art gallery and lofts is the perfect fit for the Normal Heights neighborhood.”