106 Thorn St - Office/Residential FOR SALE


San Diego, CA 92103- Bankers Hill
$2,500,000 USD
858-229-2078
106 Thorn St, San Diego, CA for Sale
$2,500,000 USD
Office/Residential - FOR SALE
1/30
null | Request Cap Rate

Nov '26


106 Thorn St
San Diego, CA 92103
Bankers Hill


OVERVIEW

are opportunity to own a character-rich 1911 corner-lot building in the heart of Bankers Hill, designed with architectural pedigree and situated just steps from Balboa Park. Currently operating as 2nd gen medical office space, this 2,385sqft building sits on a 3,383sqft corner lot zoned RM-3-9, offering exceptional flexibility for the next owner. Recent improvements include electrical panel and fixtures upgrades, central HVAC + mini-split, new plumbing, foundation, remodeled bathrooms and kitchenette, rebuilt staircase, new tile flooring, and restoration of original architectural details ie. wood floors, mouldings and window casings, pocket doors, hardware. Multiple use paths available: continue as office/retail/creative space, reconfigure as a live/work property, convert to a 4-unit multifamily with 2 additional ADUs, or convert to a single-family residence. Property is also eligible for CCHS Tier 2 development at 8.0 FAR, supporting up to 27,000+ SF of potential buildable area for a full redevelopment play. Prime corner location in one of San Diego's most walkable, historic neighborhoods. Minutes to dining, shopping, hiking, Balboa Park, Hillcrest, downtown, San Diego Bay and the airport.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$1,028 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential, Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

RM 3-9

APN/PARCEL ID

452-538-27

ASK ABOUT THIS PROPERTY

Caroline TumidajskiSerhant California, Inc.More Info
858-229-2078

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Caroline TumidajskiSerhant California, Inc.More Info
858-229-2078

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.