2547 Commercial Street,San Diego, CA 92113
San Diego, CA 92113
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.
Details
| MLS # | PTP2406048 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 289 |
| Listing Provided By | LPT Realty, Inc. | Frank Karako |
Features
| Zoning | CN-1-4 |
|---|---|
| Acreage | 0.12 |
| Property View | Yes |
Exterior
| Lot Features | Level, Near Park, Over40Units Acre, Near Public Transit, Street Level, Tear Down, Value In Land |
|---|
Location
| Community Features | Biking, Curbs, Storm Drains, Street Lights, Sidewalks, Urban, Park |
|---|
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Learn More About This Property
| State | CA |
|---|---|
| County | San Diego |
| City | San Diego |
| Zip Code | 92113 |
| Area | 92113 Logan Heights |
 | $1,198,0002486 2488 L StreetSan Diego, CA 92102 |