Address Not Available By Request

    San Diego, CA 92113
    • $3,500,000
    • STATUS: ACTIVE
    • ON SITE: 226 days
    • ID#: 190001952
    UPDATED: 36 min ago
    $3,500,000
    • 0
      BEDS
    • 0.5
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Located minutes away from downtown, with easy access to I5 and Hwy 94, this 1/2 acre site has development potential! Corner location, 175 ft frontage on Commercial St is zoned CN 1-4. Small portion of lots on Evans is zoned RM 3-7. Trolley runs by; stops one block away. Per owner, zoning allows up to 80+ dwelling units plus commercial development, including retail sales, electrical vehicle charging station, farmers' market, eating and drinking establishments (even sidewalk cafes). Sixty foot height limitation. Current month-to-month leases for tire shops, auto repair shops, etc. bring in $5,500/mo. One concrete building on site (approximately 16' x 20') as well as 8000 sq ft of auto bays in the rear are currently being used by owner. Tenants pay own utilities. Three APN's 538-180-10; 535-682-09; 535-696-01. Recent Phase I and Phase II reports show no contamination. Located in the federal Opportunity Zone, a project here could qualify for deferred capital gains.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/90734811

    Address Not Available By Request San Diego, CA 92113

    • Price: $3,500,000
    • Status: ACTIVE
    • Updated: 36 min ago
    • ID#: 190001952
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.5
    Acres
    Neighborhood:
    Logan Heights (92113)
    County:
    San Diego
    Area:
    Logan Heights (92113)
    Property Description
    Located minutes away from downtown, with easy access to I5 and Hwy 94, this 1/2 acre site has development potential! Corner location, 175 ft frontage on Commercial St is zoned CN 1-4. Small portion of lots on Evans is zoned RM 3-7. Trolley runs by; stops one block away. Per owner, zoning allows up to 80+ dwelling units plus commercial development, including retail sales, electrical vehicle charging station, farmers' market, eating and drinking establishments (even sidewalk cafes). Sixty foot height limitation. Current month-to-month leases for tire shops, auto repair shops, etc. bring in $5,500/mo. One concrete building on site (approximately 16' x 20') as well as 8000 sq ft of auto bays in the rear are currently being used by owner. Tenants pay own utilities. Three APN's 538-180-10; 535-682-09; 535-696-01. Recent Phase I and Phase II reports show no contamination. Located in the federal Opportunity Zone, a project here could qualify for deferred capital gains.
    Exterior Features

    Lot Dimensions Approx 175' X 200'

    Property Features

    Have Buildable Land W/ income Incorporated Y Mandatory Remarks None Known Market Area Metro Central Motive Want Cash Out Sales Restrictions Call Agent Short Sale No Tax Amount 5200 Tax Rate 0 Tax Year From 2018 Tax Year To 2019 Type Of Land Buildable Lots

    Listing provided courtesy of Lynn Hastings, Broker. Listing information © 2019 San Diego MLS Inc. Source: SDMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS, Inc. Licensed in the state of California.
     
    Neuman & Neuman Real Estate Inc.
    516 5th Avenue
    San Diego CA, 92101