835-837 5th Ave - Office FOR SALE


San Diego, CA 92101- Marina District
$9,000,000 USD
619-308-6787
835-837 5th Ave, San Diego, CA for Sale
$9,000,000 USD
Office - FOR SALE
1/15
null | Request Cap Rate

835-837 5th Ave
San Diego, CA 92101
Marina District


HIGHLIGHTS

  • Flexible Terms & Easy Move-In
  • Prime Location, Close to All Amenities and Nearby Retail

OVERVIEW

Cast Capital Partners is pleased to present the Louis Bank of Commerce, a rare opportunity to acquire one of San Diego’s most architecturally significant commercial properties. Built in 1888 and renowned as the Queen of the Gaslamp, this four-story Baroque Revival landmark blends historic charm with modern functionality. Over the years, it has hosted a variety of tenants, from Madame Cora’s Golden Poppy Hotel brothel to creative offices and popular restaurants. The building has been fully restored, showcasing its original hardwood floors, soaring ceilings, and exposed brick walls, offering a unique blend of old-world character and contemporary appeal. Located in the heart of the vibrant Gaslamp Quarter, the property is surrounded by top-tier dining, entertainment, and hospitality destinations, ensuring strong year-round demand. The Louis Bank of Commerce presents an excellent opportunity for investors seeking to reposition this iconic asset for long-term value. With its potential for conversion into a boutique hotel, featuring 36 rooms (subject to buyer’s yield study), or adaptive reuse as creative office and retail space, the property offers unparalleled flexibility. This prime location, coupled with San Diego’s growing tourism sector, makes the property an exceptional investment in one of the city’s most dynamic neighborhoods. With the Gaslamp Quarter seeing increasing foot traffic, strong occupancy rates, and high demand for boutique hotels, this is a rare chance to capitalize on the city’s thriving hospitality market. Offered at $9,000,000 with significant upside potential, the Louis Bank of Commerce is a landmark opportunity for investors or developers looking to make their mark in downtown San Diego.

FOR SALE DETAILS

PRICE

$9,000,000 USD

PRICE/SF

$403 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Louis Bank of Commerce

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

A

YEAR BUILT

1888

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

GQ-PD, San Diego

APN/PARCEL ID

533-575-02

ASK ABOUT THIS PROPERTY

Bret MorrissCAST Capital PartnersMore Info
619-308-6787

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

Bret MorrissCAST Capital PartnersMore Info
619-308-6787

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