2547 Commercial Street, San Diego, CA 92113

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.

Listing Status:

Active

Date Added:

October 2, 2024 at 05:00AM

Listing Office:

LPT Realty, Inc. : 877-366-2213

Listing Agent:

Frank Karako : 619-494-0001

MLS ID:

PTP2406048

Exterior

• Parking: Parking spaces: 0

Location

• HOA Amenities: 0.0
• Originating MLS: CRMLS
• County: San Diego

Lot

• Zoning: CN-1-45356703000
• View: BayBridge(s)City LightsView

Financial

• Source: CRMLS

This listing courtesy of Frank Karako, LPT Realty, Inc.