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2602 Imperial AveSan Diego, CA 92102

San Diego retail & residential opportunity

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional San Diego property, located at 2602-2608 Imperial Avenue, 92102, offers a unique blend of retail and residential space. The two-story building encompasses approximately 5,000 square feet on a 3,024 square foot lot, with 1,409 square feet of net rentable retail space. The property features a multi-tenant configuration, including two residential units, each boasting three bedrooms and two bathrooms. Renovated in 2014, the building is zoned CN-1-4 (Commercial Neighborhood Zone) and presents significant potential for owner-occupancy or investment. A peaceful courtyard provides tenants with an outdoor amenity. The property's location within an Opportunity Zone, eligibility for SBA financing, and potential for a Mills Act designation further enhance its investment appeal. Short-term leases are currently in place, and a Type 42 ABC license is pending (tenant verification required). This is an ideal opportunity for investors seeking a mixed-use asset in a vibrant San Diego neighborhood. The property's combination of retail and residential space offers flexibility and potential for diverse income streams. The existing tenants and short-term leases provide immediate cash flow, while the property's location and zoning offer long-term growth potential.

Highlights

  • Live/work potential in a vibrant San Diego neighborhood.
  • Located in an Opportunity Zone, offering significant tax advantages.
  • SBA financing eligibility.
  • Potential Mills Act property tax reduction.
  • Short-term leases provide immediate cash flow.
  • Pending Type 42 ABC license (tenant verification required).

Property Details for 2602 Imperial Ave

Property type
Retail properties, Mixed-use properties
Square Feet
5,000 SF
Year Renovated
2014
Stories
2

Location Insight

City
San Diego
County
San Diego
State
California
Latitude
32.7064889
Longitude
-117.1380165
2602 Imperial Ave, San Diego, California

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2602 Imperial Ave
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