4278 University Ave
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4278 University Ave
1,949 SF 100% Leased Retail Building San Diego, CA 92105 $800,000 ($410/SF)
Investment Highlights
- TENANTS 2 (1 Vacant, 1 Occupied)
- ZONING CUPD-CU-2-3 | CCHS Tier 3: 6.5x FAR
- BUILDING SF 1,949 SF | LOT SF 2,178 SF
Executive Summary
For sale in the vibrant Mid-City neighborhood of San Diego, this two-unit retail building at 4278 University Ave offers a prime investment opportunity. The property features a combined building size of 1,949 square feet on a lot of 2,178 square feet, providing ample space for commercial use. Built in 1935, this charming building blends historical character with modern possibilities, making it a unique asset for any investor or business owner.
The property is ideally situated in a high-traffic area with a remarkable walk score of 94, ensuring excellent visibility and accessibility. This pe-destrian-friendly location is surrounded by various shops, restaurants, and services, creating a thriving environment that draws both locals and visitors. Its proximity to major roads and public transportation further enhances its appeal to potential tenants or customers.
Zoned as CUPD-CU-2-3, the property benefits from the Complete Communities Housing Solution Tier 3 Overlay, offering added development potential for those looking to maximize their investment. This zoning flexibility makes it suitable for various retail or mixed-use opportunities, catering to the growing demand in this dynamic San Diego neighborhood. Whether you’re looking to expand your portfolio or establish a new business in a bustling area, this Mid-City retail building is a must-see opportunity.
The property is ideally situated in a high-traffic area with a remarkable walk score of 94, ensuring excellent visibility and accessibility. This pe-destrian-friendly location is surrounded by various shops, restaurants, and services, creating a thriving environment that draws both locals and visitors. Its proximity to major roads and public transportation further enhances its appeal to potential tenants or customers.
Zoned as CUPD-CU-2-3, the property benefits from the Complete Communities Housing Solution Tier 3 Overlay, offering added development potential for those looking to maximize their investment. This zoning flexibility makes it suitable for various retail or mixed-use opportunities, catering to the growing demand in this dynamic San Diego neighborhood. Whether you’re looking to expand your portfolio or establish a new business in a bustling area, this Mid-City retail building is a must-see opportunity.
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
1,949 SF
Building Class
C
Year Built
1935
Price
$800,000
Price Per SF
$410
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.89
Land Acres
0.05 AC
Opportunity Zone
Yes
Zoning
CUPD-CU-2-3 - CUPD-CU-2-3 & CCHS Tier 3: 6.5x FAR
Frontage
45 FT on University Ave
Amenities
- Signage
Walk Score ®
Walker's Paradise (94)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 471-451-13 | Improvements Assessment | $240,256 |
| Land Assessment | $134,910 | Total Assessment | $375,166 |
PROPERTY TAXES
Parcel Number
471-451-13
Land Assessment
$134,910
Improvements Assessment
$240,256
Total Assessment
$375,166
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Marcus & Millichap
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4278 University Ave
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