632-640 E Broadway, San Diego, CA 92101 Broadway - Office FOR SALE


San Diego, CA 92101- Marina District
$7,900,000 USD
760-448-2442
632-640 E Broadway, San Diego, CA 92101 Broadway, San Diego, CA for Sale
$7,900,000 USD
Office - FOR SALE
1/7
null | Request Cap Rate

632-640 E Broadway, San Diego, CA 92101 Broadway
San Diego, CA 92101
Marina District


HIGHLIGHTS

  • Located in Complete Communities Tier 1 with no FAR limit, supporting high-rise residential development potential.
  • Architecturally developed plans illustrate a 370,148 SF tower with studios, one-bedrooms, and two-bedrooms.
  • Walkable access to Gaslamp Quarter, transit lines, employment centers, dining, and entertainment.
  • Existing mixed-use building provides interim cash flow with near-term lease roll for redevelopment.

OVERVIEW

640 Broadway is centrally located in the Downtown San Diego Core, within close proximity to the Gaslamp Quarter, Horton Plaza, and Civic Theatre, as well as a wide range of retail, dining, entertainment, and employment amenities. The property benefits from exceptional walkability and convenient access to Interstate 5, Interstate 163, Highway 94, and multiple trolley and bus lines, providing strong connectivity throughout San Diego County The property consists of approximately 0.23 acres (10,032 square feet) and is improved with a 29,096-square-foot mixed-use building currently accommodating retail, restaurant, office, and commercial uses. Situated within the Downtown San Diego submarket, the property is zoned CCPD-CORE (Centre City Planned District - Core District) and lies within the Complete Communities Downtown Area, allowing for unlimited FAR and significant high-density development potential. Architecturally developed concept plans designed by a well-known San Diego architect illustrate a potential 384-unit residential development, positioning the site as an exceptional high-rise residential mixed-use redevelopment opportunity in one of Southern California’s most dynamic urban markets.

FOR SALE DETAILS

PRICE

$7,900,000 USD

PRICE/SF

$263 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

C-6

APN/PARCEL ID

534-186-07

ASK ABOUT THIS PROPERTY

Al ApuzzoLee & AssociatesMore Info
760-448-2442

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Al ApuzzoLee & AssociatesMore Info
760-448-2442

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