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Nine2Five 925 B St 69,583 SF 59% Leased Office Building San Diego, CA 92101 $13,500,000 ($194.01/SF)

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INVESTMENT HIGHLIGHTS

  • 925 B Street is an exceptional investment opportunity comprising a 64,172-square-foot office and retail building.
  • Tenants enjoy the convenience of full-service workspaces, as well as the ability to grant clients remote access to the building.
  • Location allows commuters easy access to San Diego International Airport, the I-5, Route 163, and Route 94, all less than a seven minute drive.
  • In the heart of San Diego's financial district, just a short walk for professionals to numerous fine dining casual restaurant.

EXECUTIVE SUMMARY

925 B Street offers a rare chance to acquire a versatile retail and office building in the heart of San Diego’s dynamic downtown submarket. Spanning a total of 64,172 square feet, this six-story building sits above two levels of secured, subterranean parking. This opportunity provides flexible options for owners/users, including total or partial occupancy, while retaining current tenants.

In addition to its current use as a retail and office space, the building’s CCPD-RE zoning opens the door for future redevelopment possibilities. Permitted uses include residential, hotel, educational, and medical office spaces, offering immense potential for future growth and adaptability. 925 B Street also benefits from a sustainability program featuring a solar panel array and inverter, which help reduce occupancy costs.

Positioned at the Northeast Corner of 10th and B Street, this property enjoys exceptional visibility and accessibility. The area is surrounded by nearly fully occupied large residential developments and is within walking distance of Balboa Park, San Diego City College, Cortez Hill, and the downtown courthouses. With easy access to major highways, freeways, the trolley line, and public transportation, 925 B Street is a highly attractive option for businesses looking to establish or expand their presence.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
69,583 SF
Building Class
B
Year Built/Renovated
1986/2007
Price
$13,500,000
Price Per SF
$194.01
Percent Leased
59%
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
11,597 SF
Slab To Slab
10’
Building FAR
5.51
Lot Size
0.29 AC
Zoning
CCPD- RE - Commercial
Parking
90 Spaces (1.29 Spaces per 1,000 SF Leased)

AMENITIES

  • Property Manager on Site
  • Signage
  • Natural Light
  • Reception

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 101
  • 5,700 SF
  • Restaurant
  • Full Build-Out
  • Now

Located on the sought-after corner of B Street and 10th Avenue in downtown San Diego. Available for immediate occupancy, this restaurant/cafe space features over $400,000 of restaurant equipment: bar, kitchen with hood system, grease trap and walk-in freezer. This would be a great opportunity for an experienced operator looking for an easy to install and well laid out location. This location provides immediate access to I-5 and 163. It is adjacent to the bus line and one block from the light rail.

  • 1st Fl-Ste 102
  • 920 SF
  • Office
  • Full Build-Out
  • Now

This exceptional office or retail space, strategically located on the first floor, covers 920 square feet of fully built-up area. Upon entry, a carefully designed reception area sets the tone for a professional and welcoming experience. Located adjacent to the entrance hall, this space provides an additional waiting area, providing a comfortable and convenient space for clients and visitors awaiting appointments or consultations. The interior layout is optimized for functionality, with a reception and assistant area, four private suites or offices, providing an ideal environment for focused work and client meetings. Well-defined private offices provide necessary privacy, while the reception area provides a warm and welcoming introduction to the business. The rate includes building services and property expenses. Electricity is not included.

  • 2nd Fl-Ste 201
  • 4,620 SF
  • Office/Retail
  • Full Build-Out
  • Now

A beautiful, versatile second floor commercial space, approximately 4,620 square feet in San Diego's bustling financial district. Prominently located in front of three apartment buildings with over 1,300 units and within walking distance of 4,000 businesses, this space is ideal for offices, creative businesses, gyms or hair salons. Upon entry, a carefully designed reception area creates a professional and welcoming atmosphere, providing comfort and convenience to clients and visitors awaiting appointments. The open layout provides ample space for a modern work or service area, complemented by three private rooms fitted with sinks and cabinets for added privacy and specialist services. A kitchenette and storage room add to the convenience, providing staff with the tools they need and abundant storage capacity. Rate includes building services and property expenses/electricity is not included.

  • 3rd Fl-Ste 302
  • 2,600 SF
  • Office
  • Full Build-Out
  • Now

This space is located on the third floor of the building. This office includes nine individual desks and a spacious open work area. Facing B Street, this suite offers beautiful views of downtown San Diego.

  • 4th Fl-Ste 405
  • 1,060 SF
  • Office
  • -
  • Now

A distinguished office space offering approximately 1,060 square feet of refined and functional workspace in the heart of Downtown San Diego. This suite opens onto a spacious reception area, designed to create a warm and professional first impression for guests and visitors alike. Suite 405 includes four private offices, each designed for comfort and privacy. The suite also offers a dedicated collaboration space, ideal for sharing ideas or an open workspace. Featuring its own central HVAC system, this space guarantees a comfortable environment all year round. Strategically located and offering breathtaking views of downtown San Diego, Suite 405 is more than just an office: it's an ideal environment for businesses looking for a setting that combines productivity and elegance.

  • 5th Fl-Ste 500
  • 11,590 SF
  • Office
  • Full Build-Out
  • Now

The office space includes an 11,800 square foot floor with nearly column-free spacing, abundant natural light and views of downtown San Diego. The entire fifth floor space is available with an entrance hall, including two offices for receiving customers and suppliers. Inside, you'll find two large conference rooms, three glass-walled private offices, plenty of open space, a kitchenette, private bathrooms, and an outdoor patio. Reserved parking spaces inside the building. This suite has a useful layout for any professional business and open space for cubicles or workstations. New construction, including new HVAC units, was completed in 2012. Modern, COVID-friendly environment. Also includes excellent access to local highways.

  • 6th Fl-Ste 603
  • 2,370 SF
  • Office
  • Full Build-Out
  • Now

The offices feature 2,370 square feet of floor space, abundant natural light and views of downtown San Diego. This office space is available with a lobby, conference room, six private offices, plenty of open space, a kitchenette, and a balcony! Reserved parking spaces inside the building. This suite has a useful layout for any professional business. Modern, COVID-friendly environment. This location provides excellent access to local highways.

Space Size Space Use Condition Available
1st Fl-Ste 101 5,700 SF Restaurant Full Build-Out Now
1st Fl-Ste 102 920 SF Office Full Build-Out Now
2nd Fl-Ste 201 4,620 SF Office/Retail Full Build-Out Now
3rd Fl-Ste 302 2,600 SF Office Full Build-Out Now
4th Fl-Ste 405 1,060 SF Office - Now
5th Fl-Ste 500 11,590 SF Office Full Build-Out Now
6th Fl-Ste 603 2,370 SF Office Full Build-Out Now

1st Fl-Ste 101

Size
5,700 SF
Space Use
Restaurant
Condition
Full Build-Out
Available
Now

1st Fl-Ste 102

Size
920 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 201

Size
4,620 SF
Space Use
Office/Retail
Condition
Full Build-Out
Available
Now

3rd Fl-Ste 302

Size
2,600 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

4th Fl-Ste 405

Size
1,060 SF
Space Use
Office
Condition
-
Available
Now

5th Fl-Ste 500

Size
11,590 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

6th Fl-Ste 603

Size
2,370 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 101

Size 5,700 SF
Space Use Restaurant
Condition Full Build-Out
Available Now

Located on the sought-after corner of B Street and 10th Avenue in downtown San Diego. Available for immediate occupancy, this restaurant/cafe space features over $400,000 of restaurant equipment: bar, kitchen with hood system, grease trap and walk-in freezer. This would be a great opportunity for an experienced operator looking for an easy to install and well laid out location. This location provides immediate access to I-5 and 163. It is adjacent to the bus line and one block from the light rail.

1st Fl-Ste 102

Size 920 SF
Space Use Office
Condition Full Build-Out
Available Now

This exceptional office or retail space, strategically located on the first floor, covers 920 square feet of fully built-up area. Upon entry, a carefully designed reception area sets the tone for a professional and welcoming experience. Located adjacent to the entrance hall, this space provides an additional waiting area, providing a comfortable and convenient space for clients and visitors awaiting appointments or consultations. The interior layout is optimized for functionality, with a reception and assistant area, four private suites or offices, providing an ideal environment for focused work and client meetings. Well-defined private offices provide necessary privacy, while the reception area provides a warm and welcoming introduction to the business. The rate includes building services and property expenses. Electricity is not included.

2nd Fl-Ste 201

Size 4,620 SF
Space Use Office/Retail
Condition Full Build-Out
Available Now

A beautiful, versatile second floor commercial space, approximately 4,620 square feet in San Diego's bustling financial district. Prominently located in front of three apartment buildings with over 1,300 units and within walking distance of 4,000 businesses, this space is ideal for offices, creative businesses, gyms or hair salons. Upon entry, a carefully designed reception area creates a professional and welcoming atmosphere, providing comfort and convenience to clients and visitors awaiting appointments. The open layout provides ample space for a modern work or service area, complemented by three private rooms fitted with sinks and cabinets for added privacy and specialist services. A kitchenette and storage room add to the convenience, providing staff with the tools they need and abundant storage capacity. Rate includes building services and property expenses/electricity is not included.

3rd Fl-Ste 302

Size 2,600 SF
Space Use Office
Condition Full Build-Out
Available Now

This space is located on the third floor of the building. This office includes nine individual desks and a spacious open work area. Facing B Street, this suite offers beautiful views of downtown San Diego.

4th Fl-Ste 405

Size 1,060 SF
Space Use Office
Condition -
Available Now

A distinguished office space offering approximately 1,060 square feet of refined and functional workspace in the heart of Downtown San Diego. This suite opens onto a spacious reception area, designed to create a warm and professional first impression for guests and visitors alike. Suite 405 includes four private offices, each designed for comfort and privacy. The suite also offers a dedicated collaboration space, ideal for sharing ideas or an open workspace. Featuring its own central HVAC system, this space guarantees a comfortable environment all year round. Strategically located and offering breathtaking views of downtown San Diego, Suite 405 is more than just an office: it's an ideal environment for businesses looking for a setting that combines productivity and elegance.

5th Fl-Ste 500

Size 11,590 SF
Space Use Office
Condition Full Build-Out
Available Now

The office space includes an 11,800 square foot floor with nearly column-free spacing, abundant natural light and views of downtown San Diego. The entire fifth floor space is available with an entrance hall, including two offices for receiving customers and suppliers. Inside, you'll find two large conference rooms, three glass-walled private offices, plenty of open space, a kitchenette, private bathrooms, and an outdoor patio. Reserved parking spaces inside the building. This suite has a useful layout for any professional business and open space for cubicles or workstations. New construction, including new HVAC units, was completed in 2012. Modern, COVID-friendly environment. Also includes excellent access to local highways.

6th Fl-Ste 603

Size 2,370 SF
Space Use Office
Condition Full Build-Out
Available Now

The offices feature 2,370 square feet of floor space, abundant natural light and views of downtown San Diego. This office space is available with a lobby, conference room, six private offices, plenty of open space, a kitchenette, and a balcony! Reserved parking spaces inside the building. This suite has a useful layout for any professional business. Modern, COVID-friendly environment. This location provides excellent access to local highways.

Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (80)
Bike Score®
Very Bikeable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

ABOUT DOWNTOWN SAN DIEGO

Downtown San Diego is located amid a mix of restaurants, bars, theaters, and numerous cultural amenities. Few areas of the region can compete with the backdrop to the office environment that downtown offers.

The population has grown much faster here over the past decade than in the rest of the region, and the share of 25- to 34-year-olds is nearly double the rate of San Diego. That influx has made downtown one of the areas of San Diego with the highest concentrations of households with a STEM degree, reinforcing a well-educated local labor force for firms that occupy office space in the Central Business District.

Government agencies, law and accounting firms, and a burgeoning biotech industry are the leading employers and occupiers in downtown. Accessing downtown’s office towers is relatively easy along several arterial freeways and a trolley system that extends from the border to UTC and out to East County.

Investors can often find properties offered at a discount here relative to more North County office nodes, and they have the added benefit of proximity to several thriving commercial corridors from the Gaslamp to Little Italy.

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
2020 Population
53,807
199,047
481,718
2024 Population
58,940
206,635
491,579
Population Growth '20-'24
9.5%
3.8%
2.1%
2020 Households
29,148
91,605
193,062
2024 Households
32,394
96,026
198,805
Household Growth '20-'24
11.1%
4.8%
3.0%
Average Age
42
40
38
Median Household Income
$75,953
$81,208
$74,360
Daytime Employees
76,409
183,925
365,964
Total Businesses
9,142
22,296
40,014
College Degree + Higher
47%
44%
37%

NEARBY AMENITIES

RESTAURANTS

Bruegger's Bagels Bagels $ 2 min walk
The Bean Box Cafe $ 3 min walk
Del Taco - - 3 min walk
Cortez Hill Market Deli - 3 min walk
City Pizzeria Pizza $ 4 min walk
7th Near B Contemporary $ 4 min walk
Achilles Coffee Coffee $ 4 min walk
A's Pizza & Grill Sandwiches $ 4 min walk
Broadway Deli & Market Deli $ 4 min walk
Ali's Chicken & Waffles - - 5 min walk

RETAIL

F45 Training, Inc. Fitness 2 min walk
Banner Bank Bank 3 min walk
7-Eleven Convenience Market 5 min walk
Cvs Pharmacy Drug Store 6 min walk
Orangetheory Fitness Fitness 8 min walk
Charles & Co Men's Apparel 8 min walk
Earth Wise Pet Supply Pet Shop/Supplies 10 min walk
Pure Barre Fitness 12 min walk
Albertsons Supermarket 13 min walk
Ghirardelli Chocolate Candy/Nuts 13 min walk

HOTELS

Marriott Vacation Club
264 rooms
4 min walk
Courtyard
245 rooms
7 min walk
Tribute Portfolio
211 rooms
7 min walk
Luxury Collection
270 rooms
10 min walk

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
534-191-13
Land Assessment
$2,562,353
Improvements Assessment
$7,368,582
Total Assessment
$9,930,935

SALE ADVISOR

SALE ADVISOR

Mario Morales
Mario Morales is a results-driven Property Manager with a solid background in corporate and commercial banking, and transitioned to a dynamic career in commercial real estate. With a unique blend of financial acumen, strategic thinking, and property management expertise to bring market insights and deliver exceptional value to clients and drive revenue growth.
  • Listing ID: 35028202

  • Date on Market: 3/5/2025

  • Last Updated:

  • Address: 925 B St, San Diego, CA 92101

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