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5045-5049 Brooks Huffman Plz 5046 Holly Dr 4,018 SF Retail Building San Diego, CA 92113 $1,800,000 ($447.98/SF)
Investment Highlights
- Mixed-use retail and residential property with large lot
- Complete Communities Tier 3 - 6.5 FAR
- Vacant property provides investor flexibility
- Value Add potential with renovation and ADU Potential
- Opportunity Zone 2.0 provides tax incentives
Executive Summary
This offering is an opportunity for a value-add investor to acquire a mixed-use property with an optimal unit mix on a large lot with excess land to add ADU's. The improvements on the property consist of 1,104 SF of street front retail, a single family residence (3bd/1ba) and two freestanding 2bd/1ba units. All units are currently vacant.
This property is located in a major intersection of Imperial Ave and Euclid in the Lincoln Park neighborhood. The property falls within Complete Communities House Solutions, Transit Priority Area, and Opportunity Zone 2.0
Note that has deferred maintenance that will be required during renovation in order to lease up retail and residential units. It will be sold as-is. Inquire with broker for details.
This property is located in a major intersection of Imperial Ave and Euclid in the Lincoln Park neighborhood. The property falls within Complete Communities House Solutions, Transit Priority Area, and Opportunity Zone 2.0
Note that has deferred maintenance that will be required during renovation in order to lease up retail and residential units. It will be sold as-is. Inquire with broker for details.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Deferred Maintenance
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,018 SF
Building Class
C
Year Built
1954
Price
$1,800,000
Price Per SF
$447.98
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.43 AC
Opportunity Zone
Yes
Zoning
CN-1-3
Parking
12 Spaces (7.16 Spaces per 1,000 SF Leased)
Frontage
47’ on Churchward St
Amenities
- Signage
Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 548-250-03 | Improvements Assessment | $57,467 |
| Land Assessment | $54,870 | Total Assessment | $112,337 |
Property Taxes
Parcel Number
548-250-03
Land Assessment
$54,870
Improvements Assessment
$57,467
Total Assessment
$112,337
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Contact the Sale Advisor
5045-5049 Brooks Huffman Plz | 5046 Holly Dr