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Sherman Heights Commercial Building 548-570 19th St 6,948 SF 100% Leased Office Building San Diego, CA 92102 $3,950,000 ($568.51/SF)
Investment Highlights
- SELLER FINANCING AVAILABLE
- Commercial / Office Building with Rare Onsite Parking
- Located in an Opportunity Zone and Transit Priority Area
- Great Owner/User or Redevelopment Opportunity
- Excellent Location in Sherman Heights, Adjacent to Downtown San Diego
Executive Summary
**SELLER FINANCING AVAILABLE**
Freestanding Commercial/ Office Building
• The subject property is a two-story building currently divided into 10 suites.
• Property has rare onsite and gated parking with approximately 10-11 parking spaces.
Excellent Owner/User or Repositioning Opportunity
• The Property is currently vacant and ready for an owner/user at closing.
• The property also presents a potential redevelopment opportunity for residential and mixed-use in the future.
• Located in an Opportunity Zone and Transit Priority Area.
Great Sherman Heights Location Adjacent to Downtown
• Situated at the hard-corner of Market Street and 19th Street, the property is conveniently located directly adjacent to Downtown
San Diego in the Sherman Heights neighborhood.
Freestanding Commercial/ Office Building
• The subject property is a two-story building currently divided into 10 suites.
• Property has rare onsite and gated parking with approximately 10-11 parking spaces.
Excellent Owner/User or Repositioning Opportunity
• The Property is currently vacant and ready for an owner/user at closing.
• The property also presents a potential redevelopment opportunity for residential and mixed-use in the future.
• Located in an Opportunity Zone and Transit Priority Area.
Great Sherman Heights Location Adjacent to Downtown
• Situated at the hard-corner of Market Street and 19th Street, the property is conveniently located directly adjacent to Downtown
San Diego in the Sherman Heights neighborhood.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
6,948 SF
Building Class
B
Year Built
1964
Price
$3,950,000
Price Per SF
$568.51
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,474 SF
Slab To Slab
8’
Building FAR
0.55
Lot Size
0.29 AC
Opportunity Zone
Yes
Zoning
CN-1-3 - Commercial
Parking
11 Spaces (1.58 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
1 1
Walk Score®
Walker's Paradise (93)
Transit Score®
Excellent Transit (75)
Property Taxes
| Parcel Numbers | Improvements Assessment | $217,239 | |
| Land Assessment | $470,687 | Total Assessment | $687,926 |
Property Taxes
Parcel Numbers
Land Assessment
$470,687
Improvements Assessment
$217,239
Total Assessment
$687,926
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Sherman Heights Commercial Building | 548-570 19th St
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