4
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$1,000,000
Est. payment /mo
7,013 Sqft Lot
Active Under Contract
2475 Imperial Avenue San Diego, CA 92102
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Key Details
Property Type Commercial
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 250040704SD
HOA Y/N No
Year Built 1929
Lot Size 7,013 Sqft
Property Description
We are pleased to present for sale 2475 Imperial Avenue, an unentitled +/- 7,013 square foot development site covered by +/- 4,500 Square Feet of existing retail in the heart of Logan Heights. This prime owner-user or development opportunity presents a compelling story for a multifamily residential development in the heart of the rapidly evolving Logan Heights neighborhood of San Diego. The property is strategically located near transit and benefits from the City of San Diego complete communities zoning regulations which allows development of up to a 6.5 Floor-Area-Ratio, allowing a developer to achieve a maximum gross building square footage of +/- 45,584 Square Feet. The current improvements on the site consist of +/- 4,500 square feet of vacant retail. CONDITION OF SALE: PROPERTY IS BEING SOLD AS A COURT ORDERED SALE BY THE SUPERIOR COURT OF THE STATE OF CALIFORNIA IN AND FOR THE COUNTY OF SAN DIEGO. CASE NUMBER 37-2023-00007319-CU-OR-CTL. ALL PURCHASE AND SALE AGREEMENTS WILL BE SUBJECT TO THE APPROVAL OF THE COURT.
Location
State CA
County San Diego
Area 92102 - San Diego
Zoning CN-1-4
Interior
Inclusions ,
Fireplace No
Listed by Nate Pepper CBRE
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