3494 Main St - Hospitality FOR SALE


San Diego, CA 92113- Barrio Logan
$1,950,000 USD
480-766-6014
3494 Main St, San Diego, CA for Sale
$1,950,000 USD
Hospitality - FOR SALE
1/12
null | Request Cap Rate

3494 Main St
San Diego, CA 92113
Barrio Logan


HIGHLIGHTS

  • Located along Main Street within San Diego's Barrio Logan community.
  • Convenient access to Interstate 5, Downtown San Diego, and the waterfront.
  • Existing two-story motel improvements provide operational flexibility.
  • Situated within a federally designated Opportunity Zone.

OVERVIEW

3494 Main Street presents an opportunity to acquire a hospitality asset in San Diego's Barrio Logan community, a location positioned near Downtown San Diego, Interstate 5, the Port of San Diego, and San Diego International Airport. The property's location along Main Street provides visibility and accessibility within an established urban corridor that serves both local and regional traffic. The property is improved with a two-story motel configuration and is situated on approximately 0.51 acres. Existing hospitality infrastructure, exterior corridor access, and on-site parking provide a foundation for continued lodging operations, renovation, repositioning, or redevelopment, subject to buyer due diligence and applicable approvals. The surrounding area benefits from proximity to employment centers, industrial and logistics facilities, waterfront activity, and regional transportation networks that support visitor and workforce demand. Investors may find additional value in the property's location within a designated Opportunity Zone, where qualifying investments may be eligible for applicable Opportunity Zone tax benefits. Recent planning and entitlement activity associated with the site further demonstrates ongoing interest in the property's long-term use and improvement potential. The combination of an urban infill location, hospitality use, transportation connectivity, and redevelopment flexibility positions the asset for a variety of ownership and investment strategies. The property's accessibility to major transportation corridors, downtown amenities, port-related commerce, and airport access supports its relevance within one of Southern California's most active hospitality and commercial markets.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$180 USD /SF

# OF ROOMS

25

PRICE/ROOM

$78,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Main Street Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1990

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,239 SF

ZONING

M

APN/PARCEL ID

550-520-08,550-520-14

ASK ABOUT THIS PROPERTY

Kishan GohelNewGen AdvisoryMore Info
480-766-6014

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Kishan GohelNewGen AdvisoryMore Info
480-766-6014

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