San Diego, CA 92113,2547 Commercial Street
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San Diego, CA 92113,2547 Commercial Street
San Diego, CA 92113,2547 Commercial Street
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Listed by Frank Karako • LPT Realty, Inc.
$ 1,500,000
Est. payment /mo
Active

2547 Commercial Street San Diego, CA 92113


UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 8P-2405878

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

Building

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

Others

Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2405878


agent

Sheryl Lynn Johnson

Broker Associate | License ID: 01446902

+1(805) 907-8270

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2547 Commercial Street