For Sale
Call for price

636 C StSan Diego, CA 92101

Prime location, value-add opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional mixed-use investment opportunity in San Diego's vibrant Core District presents a compelling value-add proposition. The property comprises three buildings totaling approximately 48,000 square feet on three separate parcels encompassing roughly 18,570 square feet. The portfolio includes a six-story, 100% vacant former SRO building at 636 C Street, originally constructed in 1913, offering immediate repositioning potential. A two-story commercial building at 1130-1146 7th Avenue, currently 59% occupied by various retail tenants with short-term leases, allows for flexible re-tenanting or rent optimization. Finally, a single-story, 2,500 square foot restaurant at 1152 7th Avenue, currently occupied month-to-month, provides further flexibility for the buyer. The property's central location, adjacent to the Gaslamp District and the upcoming Campus at Horton, a 1 million square foot mixed-use development, ensures strong long-term growth potential. Built in 1913 and 1924, the buildings are zoned CCPD-CORE. This REO property, with its distressed sale condition, presents a unique chance to capitalize on San Diego's dynamic downtown market. The property's prime location along the trolley lines and abundant nearby amenities further enhance its appeal. This is a rare opportunity to acquire a multi-parcel, mixed-use portfolio in a high-growth area. The APNs are 534-181-13, 534-181-14, and 534-181-15.

Highlights

  • Centrally located in San Diego's Core District.
  • Value-add opportunity: vacant former SRO and short-term commercial leases.
  • Proximity to the 1 million square foot Campus at Horton mixed-use development.
  • Flexible exit strategies with three separate parcels.
  • Prime location along the San Diego Trolley (Orange & Blue lines) with abundant amenities.
  • High visibility street frontage on C Street and 7th Avenue.

Property Details for 636 C St

Property type
Retail properties, Restaurants
Square Feet
48,000 SF
Year Built
1913
Buildings
3

Location Insight

City
San Diego
County
San Diego
State
California
Latitude
32.717007
Longitude
-117.158736
636 C St, San Diego, California

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636 C St
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