Towne Center 1706 5th Ave 14,333 SF 63% Leased Office Building San Diego, CA 92101 $5,885,867 CAD ($410.65 CAD/SF)

Towne Center at 1706 Fifth Avenue presents an exceptional owner/user or investor opportunity in the heart of San Diego’s vibrant Uptown district. This three-story office building offers ±14,333 square feet of functional space on a ±0.23-acre parcel, complemented by 22 secure, gated parking stalls—a rare amenity in this urban setting. Recently renovated with exterior upgrades, the property combines modern appeal with a prime location on the border of Bankers Hill and Downtown, steps from Little Italy’s renowned dining and cultural attractions.
The CC-3-4 zoning provides flexibility for a wide range of professional uses, while the building’s efficient floor plates and elevator access enhance operational convenience. With an asking price of $4,250,000 ($297/SF), this asset offers strong value compared to nearby sales, where similar properties have traded at significantly higher price points. Investors will appreciate the potential for a partial sale-leaseback and multiple income streams, while owner/users can capitalize on customizable suites and proximity to major employment hubs, Balboa Park, and San Diego International Airport.
San Diego’s dynamic economy—anchored by life sciences, technology, and tourism—combined with Uptown’s walkable neighborhoods and high demographic desirability, positions Towne Center as a strategic acquisition in one of the city’s most sought-after submarkets.