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2692 Imperial Ave 2,880 SF Retail Building San Diego, CA 92102 $1,995,000 ($692.71/SF)


Investment Highlights
- Modern front store under renovation
- Prime location-minutes from Downtown San Diego and San Diego International Airport (SAN)
- Two existing office spaces with flexible reconfiguration potential
- High visibility corner commercial building
- Flexible zoning allowing commercial use and residential units above
- Private garage access
Executive Summary
Located along the high-traffic Imperial Avenue corridor, this corner 2,880 SF commercial building presents a compelling value-add opportunity in one of San Diego’s most centrally positioned urban submarkets. This property is under renovation to feature a modern front store, providing a foundation to reposition, develop, or expand while maximizing high visibility for retail or service businesses. The site benefits from flexible zoning, offering strong potential for mixed-use redevelopment or density enhancement. It allows commercial use with residential units above, making the property highly attractive for residential and commercial demand as well as business opportunities. Located just 5 minutes from Downtown San Diego and 10 minutes from San Diego International Airport (SAN), this property is ideally positioned to capture future value growth in a supply-constrained market. The existing structure includes private garage access and a layout currently configured with two office spaces, providing a foundation for reconfiguration, subdivision, or vertical expansion. The combination of zoning flexibility, central location, and optionality positions this asset as a high-upside investment. This property is ideal for developers or business owners looking to capitalize on urban infill, mixed-use demand, and long-term value enhancement.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Building Size
2,880 SF
Building Class
C
Year Built
1959
Price
$1,995,000
Price Per SF
$692.71
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.83
Lot Size
0.08 AC
Opportunity Zone
Yes
Zoning
C-N-1-4 - Commercial Neighborhood
Walk Score®
Walker's Paradise (90)
Nearby Major Retailers
Property Taxes
| Parcel Number | 535-502-19 | Improvements Assessment | $86,525 |
| Land Assessment | $59,119 | Total Assessment | $145,644 |
Property Taxes
Parcel Number
535-502-19
Land Assessment
$59,119
Improvements Assessment
$86,525
Total Assessment
$145,644
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2692 Imperial Ave
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