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940-942 Palm Ave. & 650-660 Emory St. 2 biens • Commerce de détail • Imperial Beach, CA

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FAITS SAILLANTS DE L'INVESTISSEMENT

  • Short distance from the Pacific Ocean, beaches, and Imperial Beach Pier.
  • Steps from neighborhood retail, dining, grocery stores, banks, and public transit along Palm Avenue.
  • Flexible zoning allows mixed-use, multifamily, senior, or affordable housing development.
  • Direct connectivity to I-5, SR-75, and Coronado Ave, with easy access to Downtown San Diego, Naval Base Coronado, and the border region.
  • Limited coastal land and strong rental demand make this one of San Diego County’s top infill markets.
  • Relaxed coastal lifestyle attracting professionals, families, and military personnel.

RÉSUMÉ DE L'ANNONCE

Pacific Coast Commercial is pleased to offer a development opportunity in the heart of Imperial Beach, located just 1.25 miles from the beach. This is a three-parcel
project totaling 27,268 sq. ft. of land with two existing structures: a ±2,088 sq. ft. sales office and a ±4,200 sq. ft. auto service building.
The property has historically been leased for used car sales and service. The auto sales business is currently leasing the 940-942 Palm Ave. parcel on a month-to-month lease, while the 650-660 Emory St. building and lot are currently vacant and unoccupied.
The location offers excellent proximity to the Pacific Ocean, major retail amenities, and public transportation along Palm Avenue, which serves as the primary east/west
arterial connection to Interstate 5.
The project is located within the City of Imperial Beach C/MU-1 zoning district (link).The purpose of the C/MU-1 zone is to provide areas for mixed-use development, multifamily dwellings, and businesses that meet the local demand for commercial goods and services. The dominant commercial activity in this zone is intended to be community and neighborhood serving retail and office uses.
The C/MU-1 zone allows for a maximum density of one residential unit per 1,000 sq. ft. of gross land area (27 units) before any bonus density associated with an affordable housing component or senior living project. C/MU-1 has a 4 story / 40’ height limit and no FAR restriction.
An Affordable Housing Density Bonus can add between 5%–35% additional density (28-36 units), plus additional incentives or concessions from the City. A Senior Housing project may be eligible for up to a 25% density bonus (33 units).
In a mixed-use development, any new building with frontage along Palm Avenue must have an active commercial use occupying at least 60% of the building’s ground-floor frontage, with direct pedestrian access from the Palm Avenue sidewalk or a plaza, and a minimum building depth of 25 feet. Ground-floor commercial space is not required along Emory Street.
A 100% multifamily (residential-only) development is also permitted but must comply with the development standards of the R-1500 (High Density Residential)Zoning District, which allows for one residential unit per 1,500 sq. ft. of gross land area.

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FAITS SUR LA PROPRIÉTÉ

Condition de vente Projet de redéveloppement
Type de vente Investissement ou propriétaire utilisateur
Statut Actif
Nombre de propriétés 2
Individuellement en vente 0
Taille totale du bâtiment 6 288 pi²
Superficie totale du terrain 0,62 AC

PROPRIÉTÉS

NOM DE LA PROPRIÉTÉ/ADRESSE TYPE DE PROPRIÉTÉ TAILLE ANNÉE DE CONSTRUCTION PRIX INDIVIDUEL
650-660 Emory St, Imperial Beach, CA 91932 Commerce de détail 4 200 pi² 1961 -
940-942 Palm Ave, Imperial Beach, CA 91932 Commerce de détail 2 088 pi² 1954 -
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  • ID d’inscription: 38286221

  • Date de mise sur le marché: 2025-10-31

  • Dernière mise à jour:

  • Adresse: 940-942 Palm Ave. & 650-660 Emory St., Imperial Beach, CA

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