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(Photo courtesy: Urban Property Group)

Cardiff Commercial Property Sold for $3.75 Mil

Cardiff CA— Urban Property Group announces the sale of a two-story 4,748 SF office building for $3,750,000. The property is located in the premier coastal community of Cardiff, at 119 Aberdeen Drive, Cardiff-by-the-Sea, CA 92007.

119 Cardiff, LLC sold the property with representation by Amy McNamara of Urban Property Group and Marc Posthumus of Colliers International.

119 Aberdeen is a fully renovated, multi-tenant office building with Best Performance Physical Therapy on the first floor, who offers cryotherapy and specializes in working with athletes.
“This was a unique opportunity for PSLA Engineering to purchase a small freestanding building with ocean views in the coastal town of Cardiff.

The building was originally purchased in 2014 for $1.65M,” said Posthumus.

About Urban Property Group , Inc

Urban Property Group (UPG), www.upgsocal.com are neighborhood experts from Downtown/Central San Diego to North County coastal. Founded by Bill Shrader in 1989, the team has over 100 combined years’ experience providing advisory, sales and leasing services to urban property owners. UPG understands the neighborhood dynamics that we work and live in and maintains close relationships with clients and tenants to create multi-dimensional communities. UPG offers more exact results to clients by allowing our 7 professionals to focus on their individual areas of expertise and unique neighborhoods. UPG also maintains a dedicated analyst and support system specific to urban commercial assets from retail to office and multifamily. Find us on our website and follow us on Instagram.