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1501 5th Ave 43,670 SF Office Building San Diego, CA 92101 $9,000,000 ($206.09/SF)
INVESTMENT HIGHLIGHTS
- Prime investment opportunity in the heart of downtown San Diego.
EXECUTIVE SUMMARY
The property at 1501 5th Avenue, San Diego, CA 92101 presents a prime investment opportunity in the heart of downtown San Diego. Currently configured as a 43,670 SF office building, this asset is ideal for an owner-user seeking a prominent downtown location. The property offers immediate occupancy and the potential for customization to suit the new owner’s specific needs. Situated in a highly desirable area of San Diego, the building benefits from excellent visibility and accessibility. Its location provides easy access to major thoroughfares, public transportation, and a wide array of local amenities, making it an attractive option for businesses looking to establish or expand their presence in the downtown area. While the property is being offered primarily as an owner-user office building, it’s worth noting that there is future redevelopment potential. The site could potentially accommodate a 140,000+ SF (104 unit) multifamily mixed-use tower, subject to necessary approvals and market conditions
PROPERTY FACTS
Sale Type
Owner User
Sale Conditions
Property Type
Office
Building Size
43,670 SF
Building Class
B
Year Built
1989
Price
$9,000,000
Price Per SF
$206.09
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
10,917 SF
Slab To Slab
10’
Building FAR
3.46
Lot Size
0.29 AC
Zoning
CBD - Commercial Business District
Parking
52 Spaces (1.19 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
- Central Heating
- High Ceilings
- Direct Elevator Exposure
- Natural Light
- Partitioned Offices
- Reception
- Recessed Lighting
- Drop Ceiling
- Air Conditioning
- Balcony
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 1st Floor
- 7,670 SF
- Office/Medical
- -
- Now
- 2nd Floor
- 12,350 SF
- Office/Medical
- -
- Now
- 3rd Floor
- 12,050 SF
- Office/Medical
- -
- Now
- 4th Floor
- 11,600 SF
- Office/Medical
- -
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 7,670 SF | Office/Medical | - | Now |
| 2nd Floor | 12,350 SF | Office/Medical | - | Now |
| 3rd Floor | 12,050 SF | Office/Medical | - | Now |
| 4th Floor | 11,600 SF | Office/Medical | - | Now |
1st Floor
| Size |
| 7,670 SF |
| Space Use |
| Office/Medical |
| Condition |
| - |
| Available |
| Now |
2nd Floor
| Size |
| 12,350 SF |
| Space Use |
| Office/Medical |
| Condition |
| - |
| Available |
| Now |
3rd Floor
| Size |
| 12,050 SF |
| Space Use |
| Office/Medical |
| Condition |
| - |
| Available |
| Now |
4th Floor
| Size |
| 11,600 SF |
| Space Use |
| Office/Medical |
| Condition |
| - |
| Available |
| Now |
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Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (80)
PROPERTY TAXES
| Parcel Number | 533-383-05 | Improvements Assessment | $1,504,000 |
| Land Assessment | $3,596,000 | Total Assessment | $5,100,000 |
PROPERTY TAXES
Parcel Number
533-383-05
Land Assessment
$3,596,000
Improvements Assessment
$1,504,000
Total Assessment
$5,100,000
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