1501 5th Ave - Office FOR SALE


San Diego, CA 92101- Cortez
$9,000,000 USD
619-922-5458
1501 5th Ave, San Diego, CA for Sale
$9,000,000 USD
Office - FOR SALE
1/4
null | Request Cap Rate

1501 5th Ave
San Diego, CA 92101
Cortez


HIGHLIGHTS

  • Prime investment opportunity in the heart of downtown San Diego.

OVERVIEW

The property at 1501 5th Avenue, San Diego, CA 92101 presents a prime investment opportunity in the heart of downtown San Diego. Currently configured as a 43,670 SF office building, this asset is ideal for an owner-user seeking a prominent downtown location. The property offers immediate occupancy and the potential for customization to suit the new owner’s specific needs. Situated in a highly desirable area of San Diego, the building benefits from excellent visibility and accessibility. Its location provides easy access to major thoroughfares, public transportation, and a wide array of local amenities, making it an attractive option for businesses looking to establish or expand their presence in the downtown area. While the property is being offered primarily as an owner-user office building, it’s worth noting that there is future redevelopment potential. The site could potentially accommodate a 140,000+ SF (104 unit) multifamily mixed-use tower, subject to necessary approvals and market conditions

FOR SALE DETAILS

PRICE

$9,000,000 USD

PRICE/SF

$206 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

52

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

CBD

APN/PARCEL ID

533-383-05

ASK ABOUT THIS PROPERTY

619-922-5458

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619-922-5458

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.