2557 Third Avenue San Diego, CA 92103
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1 2557 Third Avenue San Diego, CA 92103
2 For more information, please contact: Senior Vice President Lic. # T: (858) Executive VP/Principal Lic. # T: (858)
3 Price $4,000,000 Zoning MCCPD-NP-3 MCCPD-MR-800B Lot Size ± 15,000sf Building Size Call Broker APN First Floor: Meeting Hall / Ballroom, Stage, Commercial Kitchen, Lounge Area, Ballroom Alcove and Outdoor Patio Second Floor: Apartment Meeting Rooms, Loft, Storage Rooms, 1-Bedroom
4 PROPERTY OVERVIEW The 2557 Third Avenue property has been home to the San Diego Woman s Club since it was dedicated in This landmark property is located in the heart of Banker s Hill, central to: San Diego Harbor, San Diego International Airport, Little Italy, Gaslamp, Hillcrest and Balboa Park. Zoning is mid-city residential (MR-800B) and neighborhood professional (NP-3). This is a rare downtown San Diego opportunity in the highly sought after Banker s Hill community. Aside from serving as the SD Woman s Clubhouse, the property is used as a gathering space and event venue. BANKER S HILL SUB-MARKET OVERVIEW Also known as Park West, Banker s Hill acquired its name because of its reputation as a home for the affluent. This historic neighborhood has a beautiful mix of Victorian and Craftsman structures and has become a hotspot for new high-end luxury infill developments. With a Walk Score of 92 out of 100, it is a Walker s Paradise where daily errands do not require a car. Banker s Hill is teeming with retail amenities, such as coffee shops and trendy restaurants. With Balboa Park, the Harbor and Downtown footsteps away, the area has become vastly appealing for many to live and work. LOCATION OVERVIEW This site is located at the northwest corner of Third Avenue and Maple Street. Bankers Hill is a vibrant neighborhood within the city of San Diego bordered by Hillcrest to the north, Balboa Park to the east, Little Italy/San Diego Harbor to the west, and Downtown/Gaslamp to the south. The neighborhood is home to some of San Diego s finest establishments, such as Mister A s and The Prado. CURRENT IMPROVEMENTS The property was built in +/-1940 on +/-15,000 square feet of land. The ground floor is comprised of a grand ballroom, dining hall, stage and commercial kitchen. The second floor has several meeting/committee rooms as well as a one-bedroom apartment unit. TRAFFIC COUNTS & DEMOGRAPHICS Vehicles Per Day on Laurel St. at 3 rd Ave. 10, Population: 1 mile radius 25,863 3 mile radius 212,102 5 mile radius 505, Average Household Income 1 mile radius $90,931 3 mile radius $78,282 5 mile radius $74,748
5 Petco Park is home to the San Diego Padres. The stadium was constructed in 2004 and is located in the heart of Downtown San Diego. Balboa Park is a 1,200-acre park located in the heart of San Diego. In addition to open space areas, natural vegetation zones, green belts, gardens, and walking paths, it contains museums, several theaters, and the worldfamous San Diego Zoo. Seaport Village/Convention Center/San Diego Bay/Marina caters to tourists, business travelers, and locals alike. There are more than 70 shops, eateries, and outdoor entertainment spots. San Diego Zoo houses over 3,700 animals (650 species/subspecies). According to Travel and Leisure, more than 3.2 million visitors have chosen the San Diego Zoo, making it the most popular in America.
6 Gaslamp Little Italy San Diego Air & Space Museum Balboa Park Site Bankers Hill San Diego International Airport San Diego Zoo Prime location Less than 1 mile to the Waterfront, Balboa Park and the rest of Downtown San Diego Hillcrest
7 Gaslamp Little Italy Coronado Walk Score of 92 Walker s Paradise This property is nestled right in the middle of San Diego s more notable communities: Gaslamp, Little Italy, Coronado, Hillcrest, Balboa Park Site
8 OFFERING CFI is offering 2557 Third Street San Diego, CA to buyers in its existing condition. The site is zoned NP-3 / MR- 800B which allows for many uses including but not limited to residential or commercial. Please refer to the City of San Diego Development Services website to review the uses and densities allowed on the property. For your convenience, the City of San Diego Development Services website can be found by clicking on the following link: Municipal Code SITE TOURS This is an owner-user or investment opportunity. Site visits will be arranged after receipt of an agreed to offer on the property and opening of escrow. Please do not disturb the existing tenants and occupants on the site. For more information, please contact: Senior Vice President Lic. # T: (858) rlee@cfisandiego.com Executive VP/Principal Lic. # T: (858) mikep@cfisandiego.com DISCLAIMER The information contained in this marketing brochure has been obtained from sources deemed to be reliable. Commercial Facilities, Inc. (CFI) has not and will not verify the information provided to us, nor has CFI conducted any investigations regarding the information provided to us. CFI makes no guarantee, warranty or representation whatsoever about the accuracy or completeness of any information provided including but not limited to: the zoning, allowed uses or densities for the subject property, historical significance, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence of environmental contamination, compliance with State and Federal regulations and the condition of the property and improvements thereon. All real estate investments carry significant risk. Buyer and Buyer s tax, financial, legal and construction advisors should conduct a careful and independent analysis of any investment or development property to determine the suitability of the property for the Buyer s needs. The depiction in the included photographs of any person, entity, sign, logo or property, other than Commercial Facilities Incorporated s (CFI) client and the property offered by CFI, is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted as CFI or its client. This listing shall not be deemed an offer to lease, sublease or sell such property; and, in the event of any transaction for such property, no commission shall be earned by or payable to any cooperating broker except if otherwise provided pursuant to the express terms, rates and conditions of CFI s agreement with its principal, if, as and when such commission (if any) is actually received from such principal. By accepting this marketing brochure, you agree to release Commercial Facilities, Inc., and hold it harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.
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