Coldwell Banker Commercial West is pleased to present the opportunity to acquire 815 Third Avenue, a multi-tenant commercial property located in the Downtown Chula Vista submarket of San Diego County, California. The property is situated along Third Avenue, a primary commercial corridor that serves as the historic and economic center of the city.
The asset is positioned as a value-add or redevelopment opportunity, featuring a mix of small office and service-oriented tenants. The existing tenancy profile provides near-term income with potential for repositioning through lease-up, rent optimization, re-tenanting, or redevelopment, subject to buyer due diligence and municipal approvals.
815 Third Avenue benefits from its infill downtown location, proximity to surrounding residential neighborhoods, and convenient access to major regional transportation routes?, including Interstate 5, Interstate 805, and State Route 54. The Downtown Chula Vista submarket is characterized by limited land availability, neighborhood-serving demand, and ongoing public and private investment intended to support long-term revitalization.
The Downtown Chula Vista office market consists primarily of small-format, multi-tenant buildings ?serving local professionals, medical users, and service providers. Compared to coastal and Class A office submarkets within San Diego County, the area offers lower occupancy costs and flexible space configurations, supporting continued demand for well-located properties along established commercial corridors.
This offering presents an opportunity to acquire a property with existing cash flow and long-term upside, supported by its location within a maturing downtown environment. The asset may be suitable for investors, developers, or owner-users seeking exposure to an infill Southern California market with repositioning or ?redevelopment potential.