2547 Commercial ST, San Diego, CA 92113 – PTP2405878

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Sean Beattie Jr.

info@seanbeattiejr.com +1(415) 845-8732

$1,500,000

Est. payment - /mo

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PTP2405878

HOA Y/N No

Year Built 1920

Annual Tax Amount $2,038

Property Sub-Type Mixed Use

Property Description

Leverage San Diego's Complete Communities Plan for up to 6.5 FAR on this 5,146 square foot urban infill development site. Potential to build 35 or 49 units in a 55' 5-story or 85' 7-story multifamily building with up to 33,449 gross SF. Benefit from relaxed parking requirements and more design flexibility due to the site's location in a Transit Priority Area. Lucrative CN-1-4 zoning offers the potential for commercial and mixed use. Located just east of Downtown San Diego in the Logan Heights neighborhood, the site is conveniently located next to the MTS Trolley Orange Line allowing easy transportation to employment centers across the region. The location of the site within an Opportunity Zone may allow developer to utilize incentives including capital gains tax breaks. Property currently has a small office building and lot is being used as small repairs for autos.

Location

State CA

County San Diego

Area 92113 - Logan Heights

Zoning CN-1-4

Interior

Fireplace No

Building

Lot Description 0-1 Unit/Acre, Level, Near Public Transit, Street Level, Tear Down, Value In Land

Story 2

Others

Tax ID 5356703000

Acceptable Financing Cash, Conventional, Owner May Carry, Submit

Listing Terms Cash, Conventional, Owner May Carry, Submit

Special Listing Condition Standard

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Listed by Frank Karako LPT Realty, Inc. frank@karakogroup.com

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Sean Beattie Jr.

+1(415) 845-8732

Agent | CA DRE# 01944311

Agent CA DRE# 01944311

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2547 Commercial ST San Diego, CA 92113

Sean Beattie Jr.

Key Details

Location

Interior

Building

Others

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