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Investment Highlights

  • Fee simple ownership not within Port Master Plan boundary
  • 250A 3 phase power with rooftop packaged HVAC
  • Seven on site parking spaces
  • Second floor balcony with bay and marina views
  • 2,524 SF freestanding commercial building in the Shelter Island Marina pocket
  • Potential live work opportunity subject to zoning and City approval

Executive Summary

Rare opportunity to acquire a 2,524 SF two story commercial building in the highly coveted Shelter Island Marina pocket of Point Loma. Small format fee simple buildings of this size almost never trade in this submarket.
The property features on site parking, strong street presence along Shelter Island Drive, and a functional two story layout ideal for an owner user or investor seeking long term appreciation in a coastal location with extremely limited supply.
Surrounded by marina, hospitality, marine services, and professional office users, the building benefits from steady visitor traffic and proximity to major coastal amenities while remaining just minutes from Downtown San Diego and the airport.
Zoning CV 1 2 Visitor Commercial Office, Medical, Retail and Visitor Serving Uses Buyer to Verify
Ownership Fee Simple Not Within Port Master Plan Boundary
With fewer than a dozen comparable buildings under 3,000 SF in the immediate submarket and only a handful of sales in the past decade, this asset offers scarcity value that is difficult to replicate.
Ideal for owner user occupancy, professional office, medical or wellness conversion, retail or visitor serving boutique concepts, or a long term coastal hold.
Call Broker for Pricing.

Data Room Click Here to Access

Taxes & Operating Expenses (Actual - 2026) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2026) Click Here to Access

Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,524 SF
Building Class
C
Year Built/Renovated
1947/2009
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.55
Lot Size
0.10 AC
Zoning
CV-1-2 Visitor Commercial - Visitor Commercial zoning allows office, medical, retail, and visitor serving uses. Ideal for professional office or boutique retail. Buyer to verify
Parking
7 Spaces (2.77 Spaces per 1,000 SF Leased)
Very walkable
80/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100

Nearby Major Retailers

U.S. Bank
Brigantine Seafood Restaurant
Miguel's Cocina
Chase Bank
HomeStreet Bank
Wells Fargo Home Mortgage
Bank of America
Banner Bank
Banc of California
Starbucks

Property Taxes

Property Taxes

Parcel Number
531-352-04
Land Assessment
$827,188 CAD (2025)
Improvements Assessment
$618,554 CAD (2025)
Total Assessment
$1,445,742 CAD (2025)
  • Listing ID: 39495736

  • Date on Market: 2026-02-19

  • Last Updated:

  • Address: 2820 Shelter Island Dr, San Diego, CA 92106

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