$3,155,000
For Sale

2699 Commercial Street

San Diego, CA 92113
0.58 acres | #250018900SD
Listing OfficeNorthMarq Multifamily
Browse 11 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

We are pleased to present the opportunity to acquire the fee simple interest in 2699 Commercial Street, a multifamily development or automotive owner-user property in the rapidly gentrifying Logan Heights Submarket. Rare in its development optionality, 2699 Commercial is located in one of Southern California’s most highly sought after, yet underdeveloped, coastal markets, presenting developers with an ideal “capture the market” opportunity. The opportunity is surrounded by unrivaled demand drivers that are fueling the area’s appeal for a variety of housing product. The site is a currently operating automotive and industrial facility, potentially allowing for an owner/ user to purchase the site and capitalize on the increasingly rare, grandfathered industrial use. Any buyer should perform their own due diligence as to the feasibility of operation.

  • Property Details
      • SubdivisionLogan Heights
      • MLS #250018900SD
      • MLS #250018900SD
      • Original List Price$3,155,000
      • CountySan Diego
      • Property TypePurchase
      • Cost3155000
      • Lot DescriptionLevel
      • Acres0.58
      • Property SubtypeLand

Location

Nancy C. TurnerReal Estate Group

Interested in Purchasing 2699 Commercial Street?

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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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