2534 State St - Office FOR SALE


San Diego, CA 92101- Midway District
$3,500,000 USD
619-567-2677
2534 State St, San Diego, CA for Sale
$3,500,000 USD
Office - FOR SALE
1/26
null | Request Cap Rate

2534 State St
San Diego, CA 92101
Midway District


HIGHLIGHTS

  • Modern executive suite layout with elevator access and covered parking
  • Multiple revenue streams including MTM leases and virtual rent
  • Option to purchase next door gated parking lot with up to 20 stalls
  • Readily available for an owner-user
  • Zoning allows medical office
  • Close to 1-5, Downtown, Little Italy, Balboa Park, Airport

OVERVIEW

This high-quality office building includes elevator service and integrated on-site covered, secure parking. The 7,004 SF, 3-story property features a modern design and offers multiple income streams, including executive suites and virtual rentals through mailbox services. The adjoining 5,002 SF gated parking lot with up to 20 parking spaces and can be sold together with the office building or separately. The property is located in the highly accessible Banker’s Hill / Mission Hills neighborhood, ideally adjacent to I-5 and just minutes from Downtown San Diego, Little Italy, Balboa Park, and San Diego International Airport. The property is currently 100% occupied but can be made readily available for an owner-user. The current owner occupies 50% of the space and will vacate, while the remaining tenants are on month-to-month leases, offering additional flexibility. Gated Parking Lot Address: 2516-20 State St

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$500 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

State Street Offices

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

5,004 SF

ZONING

CL-6

APN/PARCEL ID

533-055-09

ASK ABOUT THIS PROPERTY

Ryan KingCAST Capital PartnersMore Info
619-567-2677

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

Ryan KingCAST Capital PartnersMore Info
619-567-2677

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