3096 National Avenue, San Diego

$2,600,000

Click the arrows next to the image to browse our photo gallery for this property.

0 Bed
0 Bath
0 Acre
0 Garage

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.

Essential Information

MLS® #
NDP2402228
Price
$2,600,000
Bathrooms
0.00
Acres
0.00
Year Built
1930
Type
Commercial Sale
Sub-Type
Retail
Status
Active

Community Information

Address
3096 National Avenue
Area
92113 - Logan Heights
City
San Diego
County
San Diego
Zip Code
92113
Senior Community
N

Amenities

Utilities
Electricity Connected

Interior

# of Stories
1

Exterior

Lot Description
Corner Lot

Additional Information

Date Listed
February 15th, 2024
Days on Market
43
Zoning
CC-3-6

Listing Details

Agent
Ray Stendall
Office
eXp Realty of California, Inc

LISTING MAP

Get directions to this property:

Based on information from California Regional Multiple Listing Service, Inc. as of April 28th, 2024 at 4:40pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.