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541 2nd Ave
San Diego, CA 92101
Mixed-Use in Downtown Marina District · Retail Property For Sale

Investment Highlights

  • Monument Signage Available.
  • Two blocks off the harbor and within walking distance to Seaport Village, Petco Park & Convention Center.
  • Situated just a few minutes to the I-5 freeway, the building is extremely accessible from all areas of San Diego County.
  • Street Parking & ABM Public Parking 1 Block from Property.
  • Abundance of restaurants, retail amenities, business services providers and more.

Executive Summary

2 Street level units in the Marina District including showroom warehouse approx. 2509 sf and a retail/office unit approx. 1209 sf. Unit #1-This Marina District Unit for Office or Retail is walking distance to the convention center, bay front, major grocer, Sea Port Village and amenities.  With ground level presence and entrance with private entry provides both security and visibility for an owner/user.  This approx. 1209 sf condo has upper mezzanine square footage that may or may not be permitted but provides an owner/user with additional usable space.  Great Owner/User Retail or Office Space in Marina Dist. Unit #2- This street front Warehouse Showroom with wood floors throughout ground level, 2 mezzanines, 2 Private ADA bathrooms, Kitchen, natural brick wall interiors, steel columns, 14.50 ft ceilings, iron spiral staircase to back mezzanine above kitchen (for additional square footage that may or may not be permitted, but not included in pricing), glass showroom doors with double door entry and additional front glass door entry for separate egress and ingress.  Metered parking out front but sits caddy corner to ABM parking lot for events.  Building is stand alone, however; this is unit #2 of 3 total condos in the commercial building.  Ceiling has exposed steal beams coated in black paint giving it an edgy, but clean modern look to the showcase space. The area is surrounded by multifamily and walking traffic always looking for "new spots".  ABM parking sits just a block to the southwest of this unit.  Unit has both windows (lower and upper) and skylights.   These condo units are sold "as is" for commercial purposes and by a 501c3 with little to no knowledge of existing improvements by current Board Members as purchase predates most members.  Property is priced well with both current comps and initial purchase price.  These two condos of three industrial/office condos in single story industrial building.  Buyer will be 2/3 responsible to HOA and has 1 vote per unit giving buyer of the two units together a majority hold.  All units are separately metered and responsible for their own water, gas, electricity, taxes, and insurance etc. See attached Condo plan.  No known Condo Fees.  Blue View Inc.  Sits within Historic District, but not on Historic Landmarks.  Original Industrial Building 1925 was later mapped into Condos and sold separately with multiple owners over the years. CCRs recorded Nov.18,1997.  Contact Agent. Unit 1- Great Owner/User Retail or Office Space in Marina District.  Last commercial space available in this predominantly multifamily sub-area of downtown San Diego.  Mere blocks off the San Diego Bay and from convention center, around the corner from the Childrens Museum and only a block from other retail and office. Privacy with interior doorway to access door.  1 of 3 commercial condos within HOA. Unit 2- Perfect Showroom for Retail or Entertaining Restaurant space among a predominately multifamily 2 parcels 535-073-03-01 and 02 This property has great redevelopment potential with the 2 of 3 units currently on the market with possible purchase of third unit or air rights for a L shaped or larger footprint for a future mixed-use project. Property was once a single industrial building mapped in Nov. of 1997 for three individual condos allowing an owner to be a user or landlord of multiple units. This is one of the last properties that has yet to be redeveloped in the Marina District and has tons of potential for the right buyer.  Contact agent for CCR's and showings.  Each Unit has separate street level access, 2 private interior restrooms in each unit, mezzanines with staircase access for additional storage or upper office space, upper and lower windows and approx. 15' ceilings.

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Property Type Retail
Property Subtype
Storefront
  • Industrial Warehouse
  • Office Office Residential
Building Class C
Lot Size 0.13 AC
Gross Leasable Area 6,998 SF
No. Stories 2
Year Built/Renovated 1925/1997
Clear Ceiling Height 14’5”
APN / Parcel ID
535-073-03-01
  • 535-073-03-02
Zoning GC - Commercial Industrial, Mixed-Use, Retail, Office, Restaurant, Warehouse, multifamily

Amenities

  • Signage
  • Listing ID: 26538873

  • Date on Market: 9/1/2022

  • Last Updated:

  • Address: 541 2nd Ave, San Diego, CA 92101

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