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3191 COMMERCIAL ST 3191 Commercial St 10,944 SF 100% Leased Industrial Building San Diego, CA 92113 $3,395,000 ($310.22/SF)
Investment Highlights
- Secured yard supports outdoor storage and operations.
- Masonry industrial building with functional site improvements.
- Located within an established industrial and business corridor.
- CN-1-4 zoning allows a range of commercial uses.
- Owner/user or investor opportunity in San Diego.
- Bonus mezzanine provides additional operational flexibility.
Executive Summary
3191 Commercial Street presents an owner/user or investor opportunity in San Diego’s urban industrial market. The property consists of an approximately ±10,944-square-foot masonry industrial building situated on an approximately ±0.44-acre site with CN-1-4 zoning. Functional features include a secured yard and bonus mezzanine area, supporting a variety of operational, storage, manufacturing, distribution, or service-oriented uses.
The asset benefits from its location within San Diego, one of Southern California’s most significant economic and logistics centers. The property is positioned within an established industrial and commercial corridor that provides connectivity to regional transportation networks, employment centers, port-related activity, and cross-border trade routes. San Diego’s industrial market continues to attract occupier demand from logistics, manufacturing, transportation, and life science-related industries due to limited supply and the region’s strategic location.
For owner/users, the combination of building improvements, secured outdoor area, and infill location offers the ability to establish operations within a supply-constrained market. Investors may recognize value in the property’s industrial fundamentals, zoning, and proximity to major business districts throughout the San Diego region. The masonry construction, secured site configuration, and accessibility further support long-term utility across a range of industrial and commercial applications.
The property’s location within a metropolitan area of more than 1.38 million residents within a 10-mile radius and access to a diverse workforce contribute to its relevance for both operational users and long-term investors seeking exposure to one of California’s most established industrial markets.
David Harrington
License No. 02168060 (CA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave.,
Suite 1225, El Segundo, CA 90245
The asset benefits from its location within San Diego, one of Southern California’s most significant economic and logistics centers. The property is positioned within an established industrial and commercial corridor that provides connectivity to regional transportation networks, employment centers, port-related activity, and cross-border trade routes. San Diego’s industrial market continues to attract occupier demand from logistics, manufacturing, transportation, and life science-related industries due to limited supply and the region’s strategic location.
For owner/users, the combination of building improvements, secured outdoor area, and infill location offers the ability to establish operations within a supply-constrained market. Investors may recognize value in the property’s industrial fundamentals, zoning, and proximity to major business districts throughout the San Diego region. The masonry construction, secured site configuration, and accessibility further support long-term utility across a range of industrial and commercial applications.
The property’s location within a metropolitan area of more than 1.38 million residents within a 10-mile radius and access to a diverse workforce contribute to its relevance for both operational users and long-term investors seeking exposure to one of California’s most established industrial markets.
David Harrington
License No. 02168060 (CA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave.,
Suite 1225, El Segundo, CA 90245
Property Facts
| Price | $3,395,000 | Rentable Building Area | 10,944 SF |
| Price Per SF | $310.22 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1988 |
| Property Type | Industrial | Clear Ceiling Height | 16’ |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 3 |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.44 AC | ||
| Zoning | CC-3-6 - Mixed Use, medium density commercial/residential; 44 DU per acre | ||
| Price | $3,395,000 |
| Price Per SF | $310.22 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.44 AC |
| Rentable Building Area | 10,944 SF |
| No. Stories | 1 |
| Year Built | 1988 |
| Clear Ceiling Height | 16’ |
| No. Drive In / Grade-Level Doors | 3 |
| Opportunity Zone |
Yes |
| Zoning | CC-3-6 - Mixed Use, medium density commercial/residential; 44 DU per acre |
Amenities
- 24 Hour Access
- Fenced Lot
- Mezzanine
- Skylights
- Wheelchair Accessible
- Reception
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 545-382-24 | Improvements Assessment | $1,031,540 |
| Land Assessment | $1,275,984 | Total Assessment | $2,307,524 |
Property Taxes
Parcel Number
545-382-24
Land Assessment
$1,275,984
Improvements Assessment
$1,031,540
Total Assessment
$2,307,524
Contacts
-
Jackson Pollock -
Olivia Boldt -
Christian Nelson -
Jacob Castro -
Matthews Real Estate Investment Services
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