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The Sea Side Building 1005 Rosecrans St 5,954 SF 100% Leased Retail Building San Diego, CA 92106 $4,500,000 ($755.79/SF)
INVESTMENT HIGHLIGHTS
- The Sea Side Building at Point Loma - Coastal Mixed-Use Property
- Currently 78.1% Occupied with 2 Office Tenants on 2nd Floor
- 2010 Construction with 15 Space On-Site Parking Lot
- Chase Bank National Credit Tenant Anchor on Ground Floor
- Owner-User or Investment - 1,305 SF Creative Office Available on 2nd Floor
- Corner of Rosecrans and Talbot in La Playa 2 blocks to Bay & Shelter Island
EXECUTIVE SUMMARY
The Totah Group of Marcus & Millichap has been exclusively retained to market for sale The Sea Side Building at 1005 Rosecrans Street, a rare mixed-use commercial asset located in the heart of Point Loma’s highly coveted La Playa neighborhood, just two blocks from the San Diego Bay. This ±6,158 SF two-story building sits on a ±9,995 SF lot and offers a compelling combination of location, stability, and flexibility for an owner-user or investor.
The property is anchored by Chase Bank, a national credit tenant occupying the entire ground floor with a lease in place through 2030. The second-floor features three professional office suites, two of which are leased to established businesses, The Law Offices of Friedberg & Bunge and Pacific Real Estate, Inc. The third suite, comprising approximately 1,305 SF, is currently vacant and offers the perfect opportunity for an owner-user to occupy high-quality space in a premier coastal location.
With strong in-place income from reputable tenants, private on-site parking, and rare availability in one of San Diego’s most supply-constrained neighborhoods, this property offers a path for a business owner to gain long-term real estate control, build equity, and establish a presence in one of San Diego’s most prestigious communities.
The property is anchored by Chase Bank, a national credit tenant occupying the entire ground floor with a lease in place through 2030. The second-floor features three professional office suites, two of which are leased to established businesses, The Law Offices of Friedberg & Bunge and Pacific Real Estate, Inc. The third suite, comprising approximately 1,305 SF, is currently vacant and offers the perfect opportunity for an owner-user to occupy high-quality space in a premier coastal location.
With strong in-place income from reputable tenants, private on-site parking, and rare availability in one of San Diego’s most supply-constrained neighborhoods, this property offers a path for a business owner to gain long-term real estate control, build equity, and establish a presence in one of San Diego’s most prestigious communities.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,954 SF
Building Class
C
Year Built
2010
Price
$4,500,000
Price Per SF
$755.79
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.59
Lot Size
0.23 AC
Zoning
CC-4-2
Parking
15 Spaces (2.52 Spaces per 1,000 SF Leased)
Frontage
Walk Score®
Very Walkable (86)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 531-701-06 | Improvements Assessment | $2,012,452 |
| Land Assessment | $1,775,693 | Total Assessment | $3,788,145 |
PROPERTY TAXES
Parcel Number
531-701-06
Land Assessment
$1,775,693
Improvements Assessment
$2,012,452
Total Assessment
$3,788,145
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The Sea Side Building | 1005 Rosecrans St
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