REO | Value- Add Mixed-Use | Downtown San Diego
Market Price
1130-1146 & 1152 7th Avenue, San Diego, CA 92101
48,000 sqft
Building Size
18,500 sqft
Lot Area
Details:
Highlights:
- Centrally located in downtown San Diego's core district
- Immediate value-add opportunity with vacant former SRO and short-term commercial leases
- Significant luxury residential development in the immediate area
- Proximity to Horton Plaza's 1mm SF mixed-use redevelopment
- Felexible exit strategies with multiple individual parcels
- Highly visible street-frontage on both C Street and 7th Avenue
- Prime loaction along Trolley (orange, blue lines) with abundant nearby amenities
Description:
RI Marketplace Online Auction April 7-9
View Auction Site:
https://rimarketplace.com/auction/2397/reo-value-add-mixed-use-downtown-san-diego?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=mixeduse_2397
Kidder Mathews, in conjunction with RealINSIGHT Marketplace, is pleased to offer for sale a unique opportunity to acquire a mixed use project in the heart of Downtown San Diego.
Centrally located in San Diego’s Core District, adjacent to the Gaslamp District, the project is in the hub of the city’s civic and financial activity. San Diego’s vibrant downtown Core District has experienced dynamic growth with restoration of historic buildings, luxury apartment developments and the much-anticipated Campus at Horton, a 1mm SF mixed-use urban technology campus catering to leading tech and life science companies. With this offering’s excellent location and dynamic submarket fundamentals, the buyer of this project is poised to benefit from the long-term advantage of Downtown San Diego’s continued growth.
This value-add offering consists of nearly ±48k SF of residential and commercial building improvements situated on three (3) separate land parcels totaling ±18.5k SF.
Emilio Lemeni
c/o Fisher Auction Company Inc.
License: 00961384
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