3124 - 3138 UNIVERSITY AVENUE Retail FOR SALE


San Diego, CA - North Park
$2,295,500 USD
858-285-3769
, San Diego, CA for Sale
$2,295,500 USD
Retail - FOR SALE
1/9
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3124 - 3138 UNIVERSITY AVENUE
San Diego, CA
North Park


HIGHLIGHTS

  • No historic restrictions, allowing for flexible redevelopment or adaptive reuse. Buyer to verify. Call for details.
  • 2024 Phase I & II Environmental clearance for redevelopment. Buyer to verify. Call for details.
  • Detached 2-bed, 1-bath cottage—perfect for an owner-user, additional rental income, or adaptive reuse.
  • Occupancy: 43% leased (month-to-month), offering flexibility for an owner-user or redevelopment
  • Walkability: 97 Walk Score, surrounded by retail, dining, and residential density
  • Zoning: CC-3-9 (High-Density Mixed-Use)

OVERVIEW

- With CC-3-9 zoning and a Tier 3 Complete Communities designation, this site allows for up to 42,360 SF of buildable space, making it a strong development play in a high-demand urban market. - The property is 43% occupied on month-to-month leases, giving an owner-user the option to occupy part or all of the space while collecting income from existing tenants. - North Park’s walkable, high-traffic location makes this an ideal spot for a business looking to establish a presence in one of San Diego’s most active commercial districts. - Whether you’re looking to develop, reposition, or secure a long-term location for your own business, this property offers immediate usability with long-term upside.

ASK ABOUT THIS PROPERTY

Matthew MonterrosoCommercial Asset AdvisorsMore Info
858-285-3769

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Matthew MonterrosoCommercial Asset AdvisorsMore Info
858-285-3769

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