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Listed by Eric von Bluecher • Lee & Associates
$2,300,000
Est. payment /mo
7,110 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,110 sqft
Price per Sqft $323
MLS Listing ID CRNDP2508325
HOA Y/N No
Year Built 1930
Lot Size 5,196 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
Presenting 2701–11 Imperial Avenue, a rare full-corner mixed-use asset located in the heart of Grant Hill, just two miles from Downtown San Diego. This centrally positioned 14-unit property offers a unique mix of (9) SRO-style residential units and (5) commercial storefronts, including two long-standing, 4.8-star Yelp-rated tenants: Ferchaladas and Ana’s Fruit & Deli. Set on a ±5,196 SF lot and zoned CN-1-3, the property sits within multiple development-enhancing overlays including Complete Communities Tier 3, a Transit Priority Area, and a Qualified Opportunity Zone. Under these programs, the site may allow for up to 6.5 FAR and ±46,000 buildable SF, subject to buyer verification—making it well-suited for a range of strategies including lease-up, repositioning, or full redevelopment. Whether acquired for long-term cash flow or future infill development, the property benefits from central access to Downtown, Balboa Park, Logan Heights, Golden Hill, Sherman Heights, and major freeways. Surrounding the site are numerous public and private redevelopment efforts, contributing to steady growth in one of San Diego’s most strategically located urban corridors. Buyers are advised to independently verify all development potential with the City of San Diego. Shown by appointment
Location
State CA
County San Diego
Interior
Fireplace No
Laundry No Hookups
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