3096 National Avenue, San Diego, CA 92113
  • MLS#: NDP2402228 ( Retail )
  • Street Address: 3096 National Avenue
  • Viewed: 1
  • Price: $2,600,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1930
  • Bldg sqft: 0
  • Days On Market: 274
  • Additional Information
  • County: SAN DIEGO
  • City: San Diego
  • Zipcode: 92113
  • Provided by: eXp Realty of California, Inc
  • Contact: Ray Ray
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Introducing a premier investment opportunity at 3096 National Avenue, nestled in the heart of San Diego's Logan Heights neighborhood. This location isn't just a property; it's a gateway to endless potential in one of the city's most up and coming areas. Currently fully tenanted, this 17,568 square foot development property offers positive cash flow, backed by a solid 4.17% CAP rate. With leases securing steady income, envision the immediate returns as you plot its future transformation. Situated strategically within a corridor of growth and opportunity, 3096 National Avenue benefits from its CC 3 6 Multi Use and Opportunity Zone designation. The locale is situated for development, lying just a stone's throw from the thriving San Diego Naval Base, an 8 minute drive to the thriving Port of San Diego, and within easy reach of schools, public transit, and new shopping experiences. Why invest here? Logan Heights is on the brink of a renaissance, with 3096 National Avenue at its center. The area's expansion, fueled by its proximity to vital economic drivers, offers an investor the perfect canvas for a visionary mixed use development combining retail excellence with residential luxury. Imagine a development where the ground floor buzzes with retail activity, while above, residential units offer breathtaking bay and city skyline views. This property comes with a concept for a mixed use marvel, envisioning ten units per floor that promise not just a place to live or work, but a community to thrive in. 3096 National Avenue represents more than an investment; it's a cornerstone for future success in San Diego's real estate landscape. We invite you to seize this unparalleled opportunity, imagine the possibilities, and then make them a reality. Your future at Logan Heights begins today.
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Features
Accountingtype
  1. Actual
Advertisingexpense
  1. 0.00
Anchors Cotenants
  1. Restaurant
  2. retail shop and workshop with storage yard
Building Area Total
  1. 4241.00
Country
  1. US
Current Commercial Use
  1. Mixed use
Insurance Expense
  1. 0.00
Land Use
  1. Retail
Netoperatingincome
  1. 108500.00
Parcel Number
  1. 5500321900
Property Type
  1. Retail
Signage
  1. Sign on Building
Topography
  1. Flat level
Totalexpenses
  1. 0.00
Trash Expense
  1. 0.00
Utilities
  1. Electricity Connected
Virtual Tour Url
  1. http://media.openhouse360.com/3096nationalavenue/?mls
Year Built
  1. 1930
Zoning
  1. CC-3-6