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Sherman Heights Commercial Building 548-570 19th St 6,948 sq ft Vacant Office Property San Diego, CA 92102 £2,926,674 (£421.23/sq ft)
INVESTMENT HIGHLIGHTS
- SELLER FINANCING AVAILABLE
- Commercial / Office Building with Rare Onsite Parking
- Located in an Opportunity Zone and Transit Priority Area
- Great Owner/User or Redevelopment Opportunity
- Excellent Location in Sherman Heights, Adjacent to Downtown San Diego
EXECUTIVE SUMMARY
**SELLER FINANCING AVAILABLE**
Freestanding Commercial/ Office Building
• The subject property is a two-story building currently divided into 10 suites.
• Property has rare onsite and gated parking with approximately 10-11 parking spaces.
Excellent Owner/User or Repositioning Opportunity
• The Property is currently vacant and ready for an owner/user at closing.
• The property also presents a potential redevelopment opportunity for residential and mixed-use in the future.
• Located in an Opportunity Zone and Transit Priority Area.
Great Sherman Heights Location Adjacent to Downtown
• Situated at the hard-corner of Market Street and 19th Street, the property is conveniently located directly adjacent to Downtown
San Diego in the Sherman Heights neighborhood.
Freestanding Commercial/ Office Building
• The subject property is a two-story building currently divided into 10 suites.
• Property has rare onsite and gated parking with approximately 10-11 parking spaces.
Excellent Owner/User or Repositioning Opportunity
• The Property is currently vacant and ready for an owner/user at closing.
• The property also presents a potential redevelopment opportunity for residential and mixed-use in the future.
• Located in an Opportunity Zone and Transit Priority Area.
Great Sherman Heights Location Adjacent to Downtown
• Situated at the hard-corner of Market Street and 19th Street, the property is conveniently located directly adjacent to Downtown
San Diego in the Sherman Heights neighborhood.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Property Type
Office
Property Subtype
Property Size
6,948 sq ft
Costar Property Class
B
Year Built
1964
Price
£2,926,674
Price per sq ft
£421.23
Occupancy Rate
Vacant
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
3,474 sq ft
Floor To Floor Height
8 ft
Plot ratio
0.55
Total Plot Size
0.29 ac
Opportunity Zone
Yes
Use Class
CN-1-3 - Commercial
Parking
11 Spaces (1.58 Spaces per 1,000 sq ft Leased)
AMENITIES
- Bus Route
- Signage
1 1
Walk Score®
Excellent pedestrian access (93)
Transit Score®
Excellent Public Transport (76)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £160,959 | |
| Land Assessment | £348,746 | Total Assessment | £509,705 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£348,746
Improvements Assessment
£160,959
Total Assessment
£509,705
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Sherman Heights Commercial Building | 548-570 19th St
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