1706 5th Ave - Office FOR SALE


San Diego, CA 92101- Bankers Hill
$4,250,000 USD
858-458-3318
1706 5th Ave, San Diego, CA for Sale
$4,250,000 USD
Office - FOR SALE
1/8
null | Request Cap Rate

1706 5th Ave
San Diego, CA 92101
Bankers Hill


HIGHLIGHTS

  • Prime Uptown location near Downtown and Little Italy
  • Secure gated parking with 22 stalls
  • Recently renovated exterior and common areas
  • Flexible suite sizes and lease terms available
  • Easy access to I-5, Highway 163, and San Diego International Airport

OVERVIEW

Towne Center at 1706 Fifth Avenue presents an exceptional owner/user or investor opportunity in the heart of San Diego’s vibrant Uptown district. This three-story office building offers ±14,333 square feet of functional space on a ±0.23-acre parcel, complemented by 22 secure, gated parking stalls—a rare amenity in this urban setting. Recently renovated with exterior upgrades, the property combines modern appeal with a prime location on the border of Bankers Hill and Downtown, steps from Little Italy’s renowned dining and cultural attractions. The CC-3-4 zoning provides flexibility for a wide range of professional uses, while the building’s efficient floor plates and elevator access enhance operational convenience. With an asking price of $4,250,000 ($297/SF), this asset offers strong value compared to nearby sales, where similar properties have traded at significantly higher price points. Investors will appreciate the potential for a partial sale-leaseback and multiple income streams, while owner/users can capitalize on customizable suites and proximity to major employment hubs, Balboa Park, and San Diego International Airport. San Diego’s dynamic economy—anchored by life sciences, technology, and tourism—combined with Uptown’s walkable neighborhoods and high demographic desirability, positions Towne Center as a strategic acquisition in one of the city’s most sought-after submarkets.

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$297 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Towne Center

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

CC-3-4

APN/PARCEL ID

533-302-07

ASK ABOUT THIS PROPERTY

Garrett FenaVoit Real Estate ServicesMore Info
858-458-3318

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

Garrett FenaVoit Real Estate ServicesMore Info
858-458-3318

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