San Diego, CA 92113 2547 Commercial Street

2547 Commercial Street San Diego, CA - Image 12547 Commercial Street San Diego, CA - Image 2
Presented By: Frank Karako with LPT Realty, Inc.; frank@karakogroup.com
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# PTP2405878
  • 09/25/2024
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • SQFT • 500

Home Details

Leverage San Diego’s Complete Communities Plan for up to 6.5 FAR on this 5,146 square foot urban infill development site. Potential to build 35 or 49 units in a 55’ 5-story or 85’ 7-story multifamily building with up to 33,449 gross SF. Benefit from relaxed parking requirements and more design flexibility due to the site’s location in a Transit Priority Area. Lucrative CN-1-4 zoning offers the potential for commercial and mixed use. Located just east of Downtown San Diego in the Logan Heights neighborhood, the site is conveniently located next to the MTS Trolley Orange Line allowing easy transportation to employment centers across the region. The location of the site within an Opportunity Zone may allow developer to utilize incentives including capital gains tax breaks. Property currently has a small office building and lot is being used as small repairs for autos.
Presented By: Frank Karako with LPT Realty, Inc.; frank@karakogroup.com

Interior Features for 2547 Commercial Street

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Total Stories2

Other Rooms

Entry Level1

General for 2547 Commercial Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Business TypeBuildToSuit
Cap Rate0.0
Carport Y/NNo
CitySan Diego
CountySan Diego
Current FinancingNone
DirectionsFrom the 5 fwy, exit Cesar Chavez, Merge onto Kearney Ave, Turn right onto Cesar E. Chavez Pkwy, Slight right onto Commercial St.
Garage Y/NNo
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, Conventional, OwnerMayCarry, Submit
MLS Area92113 - Logan Heights
MobileHomeRemainsYNNo
Net Operating Income0.0
New ConstructionNo
Number Of Units Total1
Operating Expense0.0
Property Attached Y/NNo
Property Sub Type AdditionalMixedUse
Property SubtypeMixedUse
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Annual Amount2038.0
Trash Expense0.0
Virtual TourClick here
Year Built1920
ZoningCN-1-4

Exterior for 2547 Commercial Street

Building Area Total500.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre, Level, NearPublicTransit, StreetLevel, TearDown, ValueInLand
Lot Size Area5147.0
Lot Size SourcePublicRecords
Number of Buildings1
Private PoolNo
SpaNo
Total Parking0.0
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,500,000
MLS#PTP2405878
List Date 09/25/2024
Property Type Commercial
Phone 714.742.6515
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