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Investment Highlights

  • Rare large-format mixed-use offering in Point Loma, only one comparable building has traded in this zip code in the last five years.
  • 8 occupied suites with 5 immediately available for owner-user or re-tenanting.
  • Major capital improvements completed, new roof, upgraded HVAC, exterior paint, beams, staircase.
  • 13 suites across a flexible office-over-retail configuration with 6 surface parking spaces.
  • All leases short-term and below market, clear near-term repositioning upside.
  • Supply-constrained submarket with strong demographics and no new commercial pipeline.

Executive Summary

The Totah Group of Marcus & Millichap is pleased to present 3675-3687 Voltaire Street, a 11,060 SF mixed-use office- over-retail building with 13 suites in one of San Diego’s most fiercely held submarkets. In the last five years, exactly one building over 10,000 SF has changed hands in this zip code, an opportunity that doesn’t come along often.
Point Loma doesn’t build new commercial. What exists here has been held, passed down, and quietly kept off the market for decades. Voltaire Court sits in the residential heart of the neighborhood, directly adjacent to Point Loma High School. The demographics are strong, the vacancy is tight, and the supply pipeline is essentially nonexistent.
Designed in 1959 by Robert J. Platt, AIA, one of San Diego’s most celebrated mid-century architects, this building carries an authenticity that modern construction simply cannot replicate. The mid-century bones are intact and the character is undeniable, but the building has been thoughtfully updated where it counts: brand-new roof, two new HVAC units, fresh exterior paint, refinished wooden beams, new staircase, new exterior windows. The heavy lifting is done. A new owner walks in day one without a capital improvement checklist hanging over their head. Thirteen suites across a retail-at-grade, office-above configuration that gives a buyer real flexibility in how they use it, lease it, or both.
The building’s mid-century pedigree and architectural provenance may qualify it for historic designation, potentially opening the door to a Mills Act contract and meaningful property tax savings for a future owner.
Eight of thirteen suites are occupied. The other five can be yours. Establish your business at a Point Loma address, let the existing tenants quietly offset your cost of ownership, and build equity in a market that has historically and consistently outperformed other submarkets.
Every lease in place is short-term and below market on a gross basis. A sophisticated buyer comes in, resets the rents to market, converts to NNN or modified gross, and stabilizes an asset in a submarket with virtually no competing supply. The path to stabilization is well-defined.
Point Loma real estate at this scale trades once in a generation. The building is well maintained, the leases are flexible, and Point Loma’s fundamentals do the rest.
Contact Agents or visit site to download OM: https://thetotahgroup.com/property/voltaire-court/

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,060 SF
Building Class
C
Year Built
1960
Price
$6,163,695 CAD
Price Per SF
$557.30 CAD
Percent Leased
55%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.02
Lot Size
0.25 AC
Zoning
C
Parking
6 Spaces (0.54 Spaces per 1,000 SF Leased)
Frontage
117’ on Voltaire St

Amenities

  • Corner Lot
  • Signage
  • Kiosk/Cart Space
  • Storage Space
  • Air Conditioning
  • Balcony
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100

Nearby Major Retailers

Starbucks
Trader Joe's
Five Guys
Luna Grill
Navy Federal Credit Union
F45 Training Liberty Station
YogaSix
Banc of California
Denny's
Ralphs

Property Taxes

Property Taxes

Parcel Number
449-600-01
Land Assessment
$730,648 CAD
Improvements Assessment
$794,899 CAD
Total Assessment
$1,525,547 CAD
  • Listing ID: 40264658

  • Date on Market: 2026-04-23

  • Last Updated:

  • Address: 3675-3683 Voltaire St, San Diego, CA 92106

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