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Mission Bay Motel 4221 Mission Blvd 50 Room Hotel San Diego, CA 92109 For Sale
Investment Highlights
- Available for First Time in Over 60 Years
- 50-Rooms with Significant Operational Upside
- Zoning Allows for Many Commercial Uses and Residential at 29 Units per Acre
- Prime Coastal Location with over 330 Feet of Frontage Along Main Corridor of Pacific Beach
- Numerous Amenities Nearby Including Popular Shops, Dining and Bars
Executive Summary
--OFFERS DUE WEDNESDAY, MARCH 11TH--
CBRE is pleased to present for sale the Mission Bay Motel. Available for the first time in over 60 years, the property sits just one block from the Pacific Ocean in the popular Southern California coastal submarket of Pacific Beach in San Diego. With over 330 feet of street frontage, a new owner will have the opportunity to greatly influence the main corridor in one of California’s most popular beach communities.
The property features 50 rooms and sits on a corner lot totaling approximately 28,300 sf / 0.65 Acres. This prime central location serves as an ideal base for year-round visitors and residents. Sitting just steps from the Pacific Ocean, the property is walking distance to numerous amenities including the Crystal Pier and Sail Bay. The Pacific Beach Promenade Shopping Mall sits directly across the street, along with many other popular shops, restaurants and bars only a short walk away.
The property holds promise for modernization and improvement of existing hospitality operations. Subject to coastal commission review, the potential also exists for redevelopment of the site. Base zoning allows for many commercial uses in addition to residential, with a base zoning allowance of 29 units per acre.
CBRE is pleased to present for sale the Mission Bay Motel. Available for the first time in over 60 years, the property sits just one block from the Pacific Ocean in the popular Southern California coastal submarket of Pacific Beach in San Diego. With over 330 feet of street frontage, a new owner will have the opportunity to greatly influence the main corridor in one of California’s most popular beach communities.
The property features 50 rooms and sits on a corner lot totaling approximately 28,300 sf / 0.65 Acres. This prime central location serves as an ideal base for year-round visitors and residents. Sitting just steps from the Pacific Ocean, the property is walking distance to numerous amenities including the Crystal Pier and Sail Bay. The Pacific Beach Promenade Shopping Mall sits directly across the street, along with many other popular shops, restaurants and bars only a short walk away.
The property holds promise for modernization and improvement of existing hospitality operations. Subject to coastal commission review, the potential also exists for redevelopment of the site. Base zoning allows for many commercial uses in addition to residential, with a base zoning allowance of 29 units per acre.
Property Facts
| Sale Type | Investment | No. Rooms | 50 |
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built | 1948 |
| Building Class | C | Tenancy | Single |
| Lot Size | 0.66 AC | Parking Ratio | 2.64/1,000 SF |
| Building Size | 14,400 SF | Corridor | Exterior |
| Zoning | C-1, San Diego - Commercial | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.66 AC |
| Building Size | 14,400 SF |
| No. Rooms | 50 |
| No. Stories | 2 |
| Year Built | 1948 |
| Tenancy | Single |
| Parking Ratio | 2.64/1,000 SF |
| Corridor | Exterior |
| Zoning | C-1, San Diego - Commercial |
Amenities
- Pool
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 50 | $99.00 | - |
Very walkable
80/100
Exceptionally drivable
90/100
Some public transit
40/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 423-221-19 | Improvements Assessment | $256,430 |
| Land Assessment | $338,227 | Total Assessment | $594,657 |
Property Taxes
Parcel Number
423-221-19
Land Assessment
$338,227
Improvements Assessment
$256,430
Total Assessment
$594,657
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Mission Bay Motel | 4221 Mission Blvd
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