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1111 Kettner Blvd
1.5 Acres of Residential Land Offered at $30,000,000 in San Diego, CA 92101
Investment Highlights
- Rare Development Opportunity in one of the most sought after residential and commercial neighborhoods
- CCPD Core- district primary hub for for mix use. residential and Hotels.
- Great Transportation HUB location - Trolley station, Santa Fe train station one block from Broadway street.
- 1.4999 Acre in downtown Sd Columbia District
- Walking distance to the Port of SD, little Italy, Marina area, across the street from the museum of art.
Executive Summary
The property zoning is CCPD-CORE the district operates as a center for businesses, communications, living and accommodation's and important component of the area vitality and is suitable for a mix-use retail/hotel/residential development. The current owner has a development permit and project for a 13 Story Tower that includes a 300 room Hotel, 48 residential units approximately 10,367 sq ft meeting and event space and 25,000 sq ft retail space for a total of about 339,000 sq ft Building Permit is in place as of November 12/2024
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $30,000,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Conditions | Redevelopment Project | Total Lot Size | 1.50 AC |
| No. Lots | 1 |
| Price | $30,000,000 |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 1.50 AC |
1 Lot Available
Lot
| Price | $30,000,000 | Lot Size | 1.50 AC |
| Price Per AC | $20,000,000.00 |
| Price | $30,000,000 |
| Price Per AC | $20,000,000.00 |
| Lot Size | 1.50 AC |
The subject development opportunity is located at the Columbia District one of the most sought after residential and mix use business areas located within walking distance to the Port of SD, Little Italy and right in the middle of transportation HUB.
Description
Nestled in the vibrant heart of downtown San Diego, this property offers prime centrality, with easy access to attractions like the waterfront convention center, Little Italy, the art district, and nearby hotels and residences. Its strategic location near the Santa Fe Train Station and Trolley station, as well as its proximity to the Port, makes it a transportation hub. Zoned for mixed-use development, including hotel, retail, and residential spaces, the property is poised for significant growth. Current plans include a 300-room hotel, 48 residential units, and ample commercial and meeting areas, totaling approximately 340,000 square feet. The building permit will be on place before the end of 2024. Convenience is further enhanced by a first-level parking garage with space for around 179 vehicles.
PROPERTY TAXES
| Parcel Number | 533-474-08 | Improvements Assessment | $0 |
| Land Assessment | $5,019,835 | Total Assessment | $5,019,835 |
PROPERTY TAXES
zoning
| Zoning Code | CCPD-CORE (CCPD-CORE-District serves as a high-intensity employment center and as a primary hub for businesses, hotels and residential Far min 5:00:1 Max 8:00:1) |
| CCPD-CORE (CCPD-CORE-District serves as a high-intensity employment center and as a primary hub for businesses, hotels and residential Far min 5:00:1 Max 8:00:1) |
Presented by
Angelica Fernandez
1111 Kettner Blvd
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