Fantastic free-standing Corner Lot office building in BANKERS HILL. Currently used as individually leased office tenancy with ample options to improve, remodel or convert. First time for sale in decades. Building includes 2 stories plus a free standing basement/workshop, and 9 available off street parking spaces. Downstairs features entry foyer/lobby… Read More with 3 office spaces, a beautiful common-area conference room featuring built-ins and a fireplace/hearth, 1/2 bathroom and beverage area/storage area (all common use). Upstairs features 1.5 bathrooms and 5 office spaces, 2 of which have direct access from outside staircase and balcony. Full height basement/workshop with separate access. Tile Roof, Full HVAC (dual zone). 1 gas and 1 electrical meter for property (owner pays for utilities). Units and building has been underutilized for some time, although professionally managed, the ownership has not been prioritizing occupancy. Some stable tenants with desire to stay on with new owner if possible. See attached documentation for zoning and several permitted uses for this property. Perfect for owner-user, great investment and/or development opportunity potential. FANTASTIC location in the Bankers Hill Submarket of the metro-area of San Diego. This building is walking distance to Balboa Park, Accessible to major transit, minutes to Downtown, the airport and easy freeway access. Seize the opportunity potential to transform this building into its highest and best use. Act now as a property like this, in this location is RARE to market. Proforma is based on full occupancy in current condition. Read Less
Property listed by Coldwell Banker West, Michael Wolf 619-325-4100
Listing Snapshot
Days Online
16
Last Updated
Property Type
Other
Lot Size
0.1 Acres
Year Built
1950
MLS Number
250027543SD
30 Days Snapshot Of 92101
$983k
+7%
(avg) sold price
34
-33%
homes sold
70
+7%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1950, 1 building, Construction materials: Frame
Heating
ForcedAir
Lot
0.1023 acres, 4,458 square feet, Size: 4,458
Property
Zoning: CC-3-6
Roof
Tile
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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