Introducing a premier investment opportunity at 3096 National Avenue, nestled in the heart of San Diego’s Logan Heights neighborhood. This location isn’t just a property; it’s a gateway to endless potential in one of the city’s most up-and-coming areas. Currently fully tenanted, this 17,568-square-foot development property offers positive cash flow, backed by a solid 4.17% CAP rate. With leases securing steady income, envision the immediate returns as you plot its future transformation. Situated strategically within a corridor of growth and opportunity, 3096 National Avenue benefits from its CC-3-6 Multi-Use and Opportunity Zone designation. The locale is situated for development, lying just a stone’s throw from the thriving San Diego Naval Base, an 8-minute drive to the thriving Port of San Diego, and within easy reach of schools, public transit, and new shopping experiences. Why invest here? Logan Heights is on the brink of a renaissance, with 3096 National Avenue at its center. The area’s expansion, fueled by its proximity to vital economic drivers, offers an investor the perfect canvas for a visionary mixed-use development combining retail excellence with residential luxury. Imagine a development where the ground floor buzzes with retail activity, while above, residential units offer breathtaking bay and city skyline views. This property comes with a concept for a mixed-use marvel, envisioning ten units per floor that promise not just a place to live or work, but a community to thrive in. 3096 National Avenue represents more than an investment; it’s a cornerstone for future success in San Diego’s real estate landscape. We invite you to seize this unparalleled opportunity, imagine the possibilities, and then make them a reality. Your future at Logan Heights begins today.
Property Details
Price:
$2,600,000
MLS #:
NDP2402228
Status:
Active
Baths:
0
Address:
3096 National Avenue
Type:
Commercial
Subtype:
Retail
Neighborhood:
92113loganheights
City:
San Diego
Listed Date:
Feb 15, 2024
State:
CA
ZIP:
92113
Year Built:
1930
Schools
Interior
Exterior
Parking Spots
0.00
Stories Total
1
Financial
Utilities
Electricity Connected
Map
Contact Us
Mortgage Calculator
Similar Listings Nearby
- 5502 University Avenue
San Diego, CA$3,250,000
4.66 miles away
- 3750 4Th Ave
San Diego, CA$3,250,000
3.98 miles away
- 4144 32nd St. (-46)
San Diego, CA$3,100,000
2.72 miles away
- 4152 32nd St.
San Diego, CA$3,100,000
3.94 miles away
- 2621 Monroe Ave
San Diego, CA$3,100,000
4.36 miles away
- 2962 Reynard Way
San Diego, CA$2,999,000
3.71 miles away
- 942 23rd St
San Diego, CA$2,995,950
1.61 miles away
- 3738 Van Dyke Avenue
San Diego, CA$2,995,000
3.75 miles away
- 633 Pennsylvania
San Diego, CA$2,975,000
3.83 miles away
- 4149 Wabash Ave
San Diego, CA$2,899,000
3.91 miles away
Courtesy of eXp Realty of California, Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than BUSINESS MA include the name of the listing broker. Neither the listing company nor BUSINESS MA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
3096 National Avenue
San Diego, CA
LIGHTBOX-IMAGES