940-942 Palm Ave. & 650-660 Emory St. 2 Retail Properties in Imperial Beach, CA

Pacific Coast Commercial is pleased to offer a development opportunity in the heart of Imperial Beach, located just 1.25 miles from the beach. This is a three-parcel
project totaling 27,268 sq. ft. of land with two existing structures: a ±2,088 sq. ft. sales office and a ±4,200 sq. ft. auto service building.
The property has historically been leased for used car sales and service. The auto sales business is currently leasing the 940-942 Palm Ave. parcel on a month-to-month lease, while the 650-660 Emory St. building and lot are currently vacant and unoccupied.
The location offers excellent proximity to the Pacific Ocean, major retail amenities, and public transportation along Palm Avenue, which serves as the primary east/west
arterial connection to Interstate 5.
The project is located within the City of Imperial Beach C/MU-1 zoning district (link).The purpose of the C/MU-1 zone is to provide areas for mixed-use development, multifamily dwellings, and businesses that meet the local demand for commercial goods and services. The dominant commercial activity in this zone is intended to be community and neighborhood serving retail and office uses.
The C/MU-1 zone allows for a maximum density of one residential unit per 1,000 sq. ft. of gross land area (27 units) before any bonus density associated with an affordable housing component or senior living project. C/MU-1 has a 4 story / 40’ height limit and no FAR restriction.
An Affordable Housing Density Bonus can add between 5%–35% additional density (28-36 units), plus additional incentives or concessions from the City. A Senior Housing project may be eligible for up to a 25% density bonus (33 units).
In a mixed-use development, any new building with frontage along Palm Avenue must have an active commercial use occupying at least 60% of the building’s ground-floor frontage, with direct pedestrian access from the Palm Avenue sidewalk or a plaza, and a minimum building depth of 25 feet. Ground-floor commercial space is not required along Emory Street.
A 100% multifamily (residential-only) development is also permitted but must comply with the development standards of the R-1500 (High Density Residential)Zoning District, which allows for one residential unit per 1,500 sq. ft. of gross land area.