2751-2771 Imperial Ave - Storefront FOR SALE


San Diego, CA 92102- Logan Heights
$2,950,000 USD
619-861-3939
2751-2771 Imperial Ave, San Diego, CA for Sale
$2,950,000 USD
Storefront - FOR SALE
1/10
null | 6.31% Cap Rate

2751-2771 Imperial Ave
San Diego, CA 92102
Logan Heights


HIGHLIGHTS

  • Stable Income Stream – Current NOI of $186,000 with scheduled 3% annual increases
  • High Visibility – Strong street presence along Imperial Avenue, a major thoroughfare
  • Minutes from Downtown San Diego with direct freeway access
  • Emerging Market – Located in a rapidly developing corridor with infrastructure upgrades
  • Long-Term Tenancy – Three established tenants with proven occupancy history

OVERVIEW

2751–71 Imperial Avenue offers a rare opportunity to acquire a stable, income-producing commercial asset located just minutes from Downtown San Diego. The property is strategically positioned along a major thoroughfare with strong visibility and easy access to I-5 and SR-94. The building is currently occupied by three long-term tenants, providing reliable cash flow and minimal management responsibilities. Situated in an emerging area with ongoing redevelopment and infrastructure improvements, the property benefits from consistent foot and vehicle traffic, strong tenant demand, and proximity to major employment hubs, public transit, and residential neighborhoods. This is an ideal investment for buyers seeking stable returns, long-term appreciation potential, future development opportunity and a foothold in the growing San Diego urban market. Current NOI $186,000 with 3% annual increases. Value-Add Opportunity In addition to the stabilized income stream, the Property presents a compelling value-add component. The approximately 2,500 square feet of second-floor space located above Grace Market offers redevelopment potential for conversion to professional office suites or residential apartment units (subject to zoning verification and municipal approvals). Activation of this currently underutilized space provides the opportunity to increase net operating income, enhance tenant mix diversification, and materially improve overall asset valuation. Buyer to confirm all square footage.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$338 USD /SF

CAP RATE

6.31%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Auto Repair, Convenience Store, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

CN-1-3

APN/PARCEL ID

535-693-01

ASK ABOUT THIS PROPERTY

Michael ChenavoColdwell Banker Commercial-WestMore Info
619-861-3939

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Michael ChenavoColdwell Banker Commercial-WestMore Info
619-861-3939

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