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Main Street Motel 3494 Main St 25 Room Hotel San Diego, CA 92113 $1,950,000 ($78,000/Room)
Investment Highlights
- Located along Main Street within San Diego's Barrio Logan community.
- Existing two-story motel improvements provide operational flexibility.
- Convenient access to Interstate 5, Downtown San Diego, and the waterfront.
- Situated within a federally designated Opportunity Zone.
Executive Summary
3494 Main Street presents an opportunity to acquire a hospitality asset in San Diego's Barrio Logan community, a location positioned near Downtown San Diego, Interstate 5, the Port of San Diego, and San Diego International Airport. The property's location along Main Street provides visibility and accessibility within an established urban corridor that serves both local and regional traffic.
The property is improved with a two-story motel configuration and is situated on approximately 0.51 acres. Existing hospitality infrastructure, exterior corridor access, and on-site parking provide a foundation for continued lodging operations, renovation, repositioning, or redevelopment, subject to buyer due diligence and applicable approvals. The surrounding area benefits from proximity to employment centers, industrial and logistics facilities, waterfront activity, and regional transportation networks that support visitor and workforce demand.
Investors may find additional value in the property's location within a designated Opportunity Zone, where qualifying investments may be eligible for applicable Opportunity Zone tax benefits. Recent planning and entitlement activity associated with the site further demonstrates ongoing interest in the property's long-term use and improvement potential. The combination of an urban infill location, hospitality use, transportation connectivity, and redevelopment flexibility positions the asset for a variety of ownership and investment strategies.
The property's accessibility to major transportation corridors, downtown amenities, port-related commerce, and airport access supports its relevance within one of Southern California's most active hospitality and commercial markets.
The property is improved with a two-story motel configuration and is situated on approximately 0.51 acres. Existing hospitality infrastructure, exterior corridor access, and on-site parking provide a foundation for continued lodging operations, renovation, repositioning, or redevelopment, subject to buyer due diligence and applicable approvals. The surrounding area benefits from proximity to employment centers, industrial and logistics facilities, waterfront activity, and regional transportation networks that support visitor and workforce demand.
Investors may find additional value in the property's location within a designated Opportunity Zone, where qualifying investments may be eligible for applicable Opportunity Zone tax benefits. Recent planning and entitlement activity associated with the site further demonstrates ongoing interest in the property's long-term use and improvement potential. The combination of an urban infill location, hospitality use, transportation connectivity, and redevelopment flexibility positions the asset for a variety of ownership and investment strategies.
The property's accessibility to major transportation corridors, downtown amenities, port-related commerce, and airport access supports its relevance within one of Southern California's most active hospitality and commercial markets.
Property Facts
| Price | $1,950,000 | Building Size | 10,834 SF |
| Price Per Room | $78,000 | No. Rooms | 25 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1990 |
| Property Subtype | Hotel | Parking Ratio | 0.6/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.51 AC | Opportunity Zone |
Yes
|
| Zoning | M - Industrial zoning | ||
| Price | $1,950,000 |
| Price Per Room | $78,000 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.51 AC |
| Building Size | 10,834 SF |
| No. Rooms | 25 |
| No. Stories | 2 |
| Year Built | 1990 |
| Parking Ratio | 0.6/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | M - Industrial zoning |
Amenities
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 25 | $67.00 | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $345,645 | |
| Land Assessment | $470,218 | Total Assessment | $815,863 |
Property Taxes
Parcel Numbers
Land Assessment
$470,218
Improvements Assessment
$345,645
Total Assessment
$815,863
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