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2692 Imperial Ave 2,880 SF Vacant Retail Building San Diego, CA 92102 $1,395,000 ($484.38/SF)



Investment Highlights
- Corner building with private garage access and a flexible interior layout, currently configured with two office spaces.
- Located just 5 minutes from Downtown San Diego and 10 minutes from San Diego International Airport, providing convenient access to major business and
- Positioned in a supply-constrained market with strong future value growth potential.
- Excellent street visibility along Imperial Avenue offering strong exposure to both vehicle and pedestrian traffic.
- Turnkey opportunity for owner-users or investors with potential for a variety of retail or small business concepts.
Executive Summary
Located along the high-traffic Imperial Avenue corridor, this 2,880 SF commercial building presents a compelling redevelopment and value-add opportunity in one of San Diego’s most centrally positioned urban submarkets. This beautifully renovated property showcases a sleek, modern flooring, interior with upgraded finishes, refined lighting, improvements to key building systems, minimizing near-term capital expenditures, and a clean, polished aesthetic throughout. The site benefits from flexible zoning that allows for commercial use with residential units above, offering strong potential for mixed-use redevelopment or density enhancement. Located just 5 minutes from Downtown San Diego and 10 minutes from San Diego International Airport (SAN), this property is highly attractive for business and development opportunities as well as residential and commercial demand. The existing structure includes private garage access and a layout currently configured with two office spaces, providing a foundation for reconfiguration, subdivision, or vertical development. The combination of zoning flexibility, central location, and redevelopment optionality positions this asset as a high-upside investment. This asset is ideal for developers or business owners looking to capitalize on urban infill mixed-use demand, or long-term appreciation in a supply-constrained market.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
2,880 SF
Building Class
C
Year Built
1959
Price
$1,395,000
Price Per SF
$484.38
Percent Leased
Vacant
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
Moderately walkable
70/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 535-502-19 | Improvements Assessment | $175,000 |
| Land Assessment | $425,000 | Total Assessment | $600,000 |
Property Taxes
Parcel Number
535-502-19
Land Assessment
$425,000
Improvements Assessment
$175,000
Total Assessment
$600,000
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2692 Imperial Ave
