629 2nd St 3,653 SF Vacant Office Building Encinitas, CA 92024 $4,100,000 ($1,122.37/SF)
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INVESTMENT HIGHLIGHTS
- Invest in a residential conversion opportunity with office space that blends coastal living with modern convenience in Downtown Encinitas.
- 629 2nd Street currently exists as an office building with private offices, coworking stations, a conference room, a copy area, and a break room.
- Take in the ocean air at the private rooftop deck, providing the perfect atmosphere for a highly sought-after lifestyle office or resident amenity.
- Encompassing private restrooms with showers and secure garage parking to support an oceanside work-life balance.
- Steps from the surf, dining, and the vibrant heart of Encinitas, such as Moonlight Beach, The Taco Stand, Herb & Sea, and Better Buzz Coffee.
- Quick access to Interstate 5 via Encinitas Boulevard makes commuting effortless in one of San Diego County’s most desirable markets.
EXECUTIVE SUMMARY
Tap into the booming demand for residential living in Encinitas and embark on this mixed-use office and residential opportunity at 629 2nd Street. This property currently exists as a two-story office and medical building, but a conversion to turn the offices into prime residential units is possible. Unlocking the potential of this mixed-use offering presents investors with a value-add opportunity to create residential streams and maximize returns in this sought-after location.
629 2nd Street encompasses unique amenities, such as private restrooms with showers, that make the most of coastal working and living. 629 2nd Street features a secure garage with private elevator access, which adds convenience for all. Finally, the private rooftop deck offers a breathtaking setting for hosting events, mingling, and taking in the surrounding coastal scenery.
Located in the heart of Downtown Encinitas, 629 2nd Street is just a short walk from Moonlight Beach and steps from top dining, shopping, and entertainment options. With quick access to Interstate 5 via Encinitas Boulevard, commuting is effortless. In one of Southern California’s most desirable coastal markets showcased by the area’s affluent demographics, boasting an average household income of $160,821 per year and home values nearing $1 million. Whether a business or individual is looking for a prestigious office or an investment opportunity, 629 2nd Street delivers an unmatched combination of location, functionality, and lifestyle appeal.
629 2nd Street encompasses unique amenities, such as private restrooms with showers, that make the most of coastal working and living. 629 2nd Street features a secure garage with private elevator access, which adds convenience for all. Finally, the private rooftop deck offers a breathtaking setting for hosting events, mingling, and taking in the surrounding coastal scenery.
Located in the heart of Downtown Encinitas, 629 2nd Street is just a short walk from Moonlight Beach and steps from top dining, shopping, and entertainment options. With quick access to Interstate 5 via Encinitas Boulevard, commuting is effortless. In one of Southern California’s most desirable coastal markets showcased by the area’s affluent demographics, boasting an average household income of $160,821 per year and home values nearing $1 million. Whether a business or individual is looking for a prestigious office or an investment opportunity, 629 2nd Street delivers an unmatched combination of location, functionality, and lifestyle appeal.
SALE FLYER
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
3,653 SF
Building Class
B
Year Built/Renovated
1984/2022
Price
$4,100,000
Price Per SF
$1,122.37
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,827 SF
Building FAR
0.76
Lot Size
0.11 AC
Zoning
C
Parking
16 Spaces (4.38 Spaces per 1,000 SF Leased)
AMENITIES
- Commuter Rail
- Shower Facilities
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
The entire second-floor space is available with six private offices, two open-space coworking stations, a conference room, a copy area, and a break room.
| Space | Size | Space Use | Condition | Available |
| 2nd Floor | 3,653 SF | Office/Medical | Full Build-Out | Now |
2nd Floor
| Size |
| 3,653 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 of 1
Walk Score®
Very Walkable (89)
ABOUT NORTH BEACH CITIES
The North Beach cities are among San Diego’s most attractive for residents and tourists alike. Demand for housing and barriers to entry are high for residents given the exclusivity of the coastal enclaves. Office tenants and investors can take comfort knowing that some of San Diego’s finest eateries and boutique retailers are located within the area. Employers here tap into the pipeline of graduates from nearby UC San Diego.
The beach area is quite accessible. Coast Highway runs along the coastal communities, while the Interstate-5 Freeway leads directly to the beach. And for those without a car, San Diegans can board the Coaster light rail to Encinitas or Solana Beach and enjoy a walk to neighborhood businesses.
Many properties are newly renovated, delivering the modern amenities and touches important to tenant’s in today’s office environment. Investors may pay a premium to acquire property here within easy beach access in one of San Diego’s most exclusive areas.
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
2020 Population
9,327
57,295
125,466
2024 Population
9,766
57,572
126,037
Population Growth '20-'24
4.7%
0.5%
0.5%
2020 Households
3,810
23,080
49,610
2024 Households
3,983
23,116
49,837
Household Growth '20-'24
4.5%
0.2%
0.5%
Average Age
43
43
43
Median Household Income
$130,638
$135,445
$142,048
Daytime Employees
12,571
32,928
58,015
Total Businesses
2,021
5,372
9,132
College Degree + Higher
62%
60%
62%
NEARBY AMENITIES
HOSPITALS |
|||
|---|---|---|---|
| Scripps Memorial Hospital - Encinitas | Acute Care | 3 min drive | 1.1 mi |
| Tri - City Medical Center | Acute Care | 20 min drive | 14.2 mi |
RESTAURANTS |
|||
|---|---|---|---|
| Angelo's Burgers | Burgers | $ | 2 min walk |
| Taco Stand | Mexican | $ | 2 min walk |
| N A Pizza | Pizza | $ | 2 min walk |
| Solana Beach Brewing | American | $$$ | 2 min walk |
| Encinitas Cafe | Cafe | $ | 3 min walk |
| Honeys Bistro & Bakery | Bistro | $ | 2 min walk |
| The Roxy | American | - | 3 min walk |
| Vigilucci's Trattoria Italiana | Italian | $$ | 3 min walk |
| Raul's Mexican Food | Mexican | - | 3 min walk |
| Lotus Cafe & Juice Bar | Cafe | $ | 5 min walk |
RETAIL |
||
|---|---|---|
| Vuori Clothing | Unisex Apparel | 2 min walk |
| Wells Fargo | Bank | 3 min walk |
| 7-Eleven | Convenience Market | 3 min walk |
| The UPS Store | Business/Copy/Postal Services | 7 min walk |
| F45 Training, Inc. | Fitness | 8 min walk |
| Birkenstock | Shoes | 8 min walk |
| CVS Pharmacy | Drug Store | 21 min walk |
| Petco | Animal Care/Groom | 21 min walk |
| The YMCA | Fitness | 21 min walk |
| Smart & Final | Supermarket | 22 min walk |
HOTELS |
|
|---|---|
| Hampton by Hilton |
101 rooms
6 min drive
|
| La Quinta Inns & Suites |
110 rooms
10 min drive
|
| Holiday Inn Express |
120 rooms
10 min drive
|
PROPERTY TAXES
| Parcel Number | 258-162-12 | Improvements Assessment | $1,296,109 |
| Land Assessment | $701,075 | Total Assessment | $1,997,184 |
SALE ADVISORS
SALE ADVISORS
Peter Curry, Executive Director, Commercial Real Estate
(760) 310-0882
Contact
Peter Curry specializes in office building leasing and sales. His areas of emphasis include developer representation for ground up development including medical office, mixed-use properties, office condominiums and build-to-suits.
Brooks Campbell, Senior Director
(760) 500-7720
Contact
Brooks Campbell specializes in North County San Diego Office and Investment properties. His focus is on institutional sales and leasing in San Diego’s North County Coastal Submarkets and locating value add investment opportunities throughout the West Coast. Campbell provides representation and consultation to landlords, tenants, buyers, and sellers in all aspects of commercial real estate brokerage including selection, detailed financial analysis, renewal and relocation studies, negotiation of deal terms, and lease analysis.
Owen Curry, Senior Associate
(760) 415-3052
Contact
Owen Curry joined Cushman and Wakefield in 2019 and specializes in North County San Diego Office leasing and sales. Curry's expertise is in the Beach Cities sales and leasing market and plays a substantial role in handling tenant representation and generating new listings for the San Diego Private Capital Group. Curry also works closely with the Beach Cities communities as he volunteers for the Leucadia, Encinitas, and Cardiff 101 Mainstreet Association which the bulk of his teams listings are located.
