1858 Cable St - Bank FOR SALE


San Diego, CA 92107- Ocean Beach
$6,750,000 USD
619-567-2677
1858 Cable St, San Diego, CA for Sale
$6,750,000 USD
Bank - FOR SALE
1/5
null | Request Cap Rate

1858 Cable St
San Diego, CA 92107
Ocean Beach


HIGHLIGHTS

  • Excellent Visibility and Identity
  • Hard Corner Former Bank Building with Prominent Signage
  • High Traffic Counts and Strong Demographics
  • Two (2) blocks from the Ocean Beach Pier

OVERVIEW

Rare Coastal User or Development Opportunity This irreplaceable coastal corner sits just two blocks from the iconic Ocean Beach Pier and steps from Newport Avenue’s primary retail corridor, placing it in the heart of one of San Diego’s most supply-constrained coastal submarkets. The property offers exceptional scale and visibility, allowing for a variety of high-value uses including multifamily, mixed-use, condominiums, townhomes, or repositioned retail. An existing ±5,664-square-foot building provides immediate usability with significant long-term redevelopment upside. With limited available land, affluent demographics, and strong surrounding national and local tenancy, the asset is well positioned for sustained value appreciation. It is offered at an attractive price per land square foot compared to recent coastal comparable transactions.

FOR SALE DETAILS

PRICE

$6,750,000 USD

PRICE/SF

$1,192 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Rare Coastal User or Development Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

27,878 SF

ZONING

CC 4-2

APN/PARCEL ID

448-182-11,448-182-26

ASK ABOUT THIS PROPERTY

Ryan KingCAST Capital PartnersMore Info
619-567-2677

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Ryan KingCAST Capital PartnersMore Info
619-567-2677

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