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Rare Coastal User or Development Opportunity 1858 Cable St 5,664 SF Retail Building San Diego, CA 92107 $9,231,503 CAD ($1,629.86 CAD/SF)



Investment Highlights
- Excellent Visibility and Identity
- High Traffic Counts and Strong Demographics
- Hard Corner Former Bank Building with Prominent Signage
- Two (2) blocks from the Ocean Beach Pier
Executive Summary
Rare Coastal User or Development Opportunity
This irreplaceable coastal corner sits just two blocks from the iconic Ocean Beach Pier and steps from Newport Avenue’s primary retail corridor, placing it in the heart of one of San Diego’s most supply-constrained coastal submarkets. The property offers exceptional scale and visibility, allowing for a variety of high-value uses including multifamily, mixed-use, condominiums, townhomes, or repositioned retail. An existing ±5,664-square-foot building provides immediate usability with significant long-term redevelopment upside. With limited available land, affluent demographics, and strong surrounding national and local tenancy, the asset is well positioned for sustained value appreciation. It is offered at an attractive price per land square foot compared to recent coastal comparable transactions.
This irreplaceable coastal corner sits just two blocks from the iconic Ocean Beach Pier and steps from Newport Avenue’s primary retail corridor, placing it in the heart of one of San Diego’s most supply-constrained coastal submarkets. The property offers exceptional scale and visibility, allowing for a variety of high-value uses including multifamily, mixed-use, condominiums, townhomes, or repositioned retail. An existing ±5,664-square-foot building provides immediate usability with significant long-term redevelopment upside. With limited available land, affluent demographics, and strong surrounding national and local tenancy, the asset is well positioned for sustained value appreciation. It is offered at an attractive price per land square foot compared to recent coastal comparable transactions.
Property Facts
Sale Type
Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Bank
Building Size
5,664 SF
Building Class
C
Year Built
1964
Price
$9,231,503 CAD
Price Per SF
$1,629.86 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.64 AC
Zoning
CC 4-2 - Development with high intensity, strip commercial characteristics and permits a maximum density of 1 dwelling unit for each 1,500 square feet of lot
Parking
33 Spaces (5.83 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Signage
- Drive Thru
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- A
- 2,770 SF
- Retail
- End Cap
- Now
This space can be combined with suite C to provide a total SF of 3,611, which includes 717 SF of patio space
This space includes a 717 SF patio
| Space | Size | Space Use | Position | Available |
| A | 2,770 SF | Retail | End Cap | Now |
| B | 1,440 SF | Retail | In-Line | Now |
| C | 1,454 SF | Retail | End Cap | Now |
A
| Size |
| 2,770 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
B
| Size |
| 1,440 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
C
| Size |
| 1,454 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
B
| Size | 1,440 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
This space can be combined with suite C to provide a total SF of 3,611, which includes 717 SF of patio space
C
| Size | 1,454 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Now |
This space includes a 717 SF patio
Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (70)
Property Taxes
| Parcel Numbers | Improvements Assessment | $290,253 CAD | |
| Land Assessment | $7,474,071 CAD | Total Assessment | $7,764,324 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$7,474,071 CAD
Improvements Assessment
$290,253 CAD
Total Assessment
$7,764,324 CAD
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Rare Coastal User or Development Opportunity | 1858 Cable St
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