±9,930 SF Iconic Mortuary in Heavy Populated/High-Commerce San Diego Opp Zone

Highlights:

• PROPERTY:
• 5050 Federal Blvd, San Diego, CA 92102
• Built in 1977
• Building Size: ±9,930 SF
• Lot Size: ±0.58 acres (space for expansion)
• Zoned CC-2-3 in Opportunity Zone
• Iconic Current Owner/User
• Renovations in 2019
• ADA compliant with accessible entrances and facilities
• On & Off-Site Parking
• Curb Appeal
• INTERNAL SPECS:
• Reception area
• ±14 Rooms
• Chapel
• ±2 Viewing Rooms (one with two movable walls)
• Embalming
• Cosmetology
• ±5 Offices
• Break Room
• 2 Multi-Stall Restrooms & 1 Single Bathroom
• Multiple storage closets for equipment and supplies
• Refrigerator fits ±8 Adult Cases
• Six (6) car garage
• Attached One Bedroom Apartment (Kitchenette, Central AC/Heat)
• Central heating and cooling
• Security System
• Public Utilities (Water, electricity, and sewage)

Description:

5050 Federal Boulevard (±9,930 SF building on ±0.58 acres) is an iconic investment or prime repurpose opportunity in San Diego, CA. Updated in 2019, the property offers a single unit with 100% occupancy. Built in 1977, this property is ideally suited for a Special Purpose / Other investor seeking a well-maintained asset. Within an Opportunity Zone and Zoned CC-2-3, it presents a versatile opportunity for various business operations. This prime location and fully occupied space make it an attractive option for those looking to make a sound investment in the vibrant San Diego area.

Strategically situated with an Opportunity Zone and just feet away from a 4-way signalized major arterial intersection in San Diego’s Southcrest neighborhood, this location ensures easy accessibility from major highways and public transportation routes, making it convenient for families and visitors. The property is near essential services such as hospitals, churches, and cemeteries, enhancing the convenience for grieving families. Located in a well-established neighborhood, the mortuary benefits from a strong community presence and a loyal customer base. The property sits within a high-commerce hub offering potential for growth and development opportunities. This presents a lucrative opportunity for a new owner to continue the mortuary's legacy or a substantial commercial repurpose opportunity.