Pending
1014 Broadway
San Diego CA, 92101
$3,850,000
$400.92 per sqft
Pending
0.22 Acres
Land
Listed by Matthew Wenzel with Marcus & Millichap 562-257-1200
The subject property is a prime +-0.22 acre redevelopment site located at 1014 Broadway in downtown San Diego. Currently operating as a small retail
center, all leases on this property are on a month-to-month basis with the exception of one lease for a 1,600 SF space that expires in 2029.
Broadway is a major east-west arterial through downtown San Diego and this site benefits from the exposure of 100' of frontage along Broadway as well as 100' of frontage along 10th Avenue.
Zoning for this property is Centre City Planned District - Employment/Residential Mixed-Use (CCPD-ER). Base Floor Area Ratio (FAR) for the CCPD-ER zoning classification is 6.0 with a maximum of 10.0. A bonus FAR of 4.0 could also be taken advantage of to increase to possible maximum FAR of a new building on this site to 14.0. With an FAR of 10.0, a structure of 96,030 SF could be built. Including the bonus FAR, a structure of 134,442 SF
could be built.
This property qualifies as a Complete Communities Housing Solutions Tier 1 site which would allow a developer unlimited FAR. Additionally, the site is located within a Qualified Census Tract (QCT) as well as within a Difficult Development Area (DDA).
The East Village district of downtown San Diego is the center of where much of the proposed residential growth under the Downtown Community Plan is expected to occur and, as a result, East Village is expected to experience considerable transformation over the next 20 years. The projected growth in the Northwest sub-district of the East Village is expected to ultimately transform the area into downtown San Diego's highest intensity residential-emphasis district.
PW24056937
MLSⓇ ID
March 20, 2024
Listed
April 18, 2024
Updated
Map
1014 Broadway
San Diego CA, 92101
Exterior/Building Features
Lot Size
0.22 Acres
Lot Features
Corner Lot, Near Public Transit, Walkstreet
Other Property Details
Area Name
92101 - San Diego Downtown
Days on Market
27
Garage
No
View
Yes
View Description
City Lights
County
San Diego
Water Source
Public
Pool
No
Zoning
CCPD-ER
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
---|---|---|
4/18/2024 | Pending | — |
Listing Contact: 562-257-1200
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/18/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 4/18/2024 at 6:12 PM UTC