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Investment Highlights

  • High density multifamily zoning up to 6.5 FAR
  • Opportunity Zone
  • Transit Priority Area
  • Existing Building 9,936 SF, plus storage yard

Executive Summary

Development Site with Complete Communities high density multifamily zoning with up to a 6.5 FAR, Transit Priority Area, and Opportunity Zone. Parcel at the corner of Commercial St and 29th St. Access on three sides. Trolley line in front. Owner occupied, but can be delivered vacant. Existing 9,936 SF building used as storage, plus a storage yard. Contact listing agent for Offering Memorandum.

Property Facts

Price $3,083,212 CAD
Price Per SF $310.31 CAD
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.46 AC
Rentable Building Area 9,936 SF
No. Stories 1
Year Built 1942
Tenancy Single
Parking Ratio 1.21/1,000 SF
Clear Ceiling Height 12’
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 2
Opportunity Zone Yes
Zoning CN-1-4 - Zoned Commercial Neighborhood with overlay zones including Complete Communities multifamily 6.5 FAR, Transit Priority Area, Opportunity Zone.

Amenities

  • Fenced Lot

Utilities

  • Heating
Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
60/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 545-351-20
  • 545-351-21
  • 545-351-22
Land Assessment
$2,363,095 CAD
Improvements Assessment
$999,321 CAD
Total Assessment
$3,362,416 CAD
  • Listing ID: 41580950

  • Date on Market: 2026-08-06

  • Last Updated:

  • Address: 2866 Commercial St, San Diego, CA 92113

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