2547 Commercial Street, San Diego, California 92113
LandProperty Type
77 DaysTime On Market
No CarsGarage
Property Description
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.
Basic Details
Land
For Sale
PTP2406048
$1,500,000
5,146 Sqft
Active
Features
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: Bay, City Lights, Bridge(s)
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: Park, Sidewalks, Biking, Curbs, Street Lights, Urban, Stormdrains
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$0
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Address Map
California
San Diego
San Diego
92113
2547 Commercial Street
0
W118° 51' 39.6''
N32° 42' 18''
Additional Info
LPT Realty, Inc.
89005
cabrokers@lptrealty.com
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$0
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0 Sqft
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$0
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77
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$0
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: Level, Near Public Transit, Streetlevel, Nearpark, Teardown, Valueinland, Over40unitsacre