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Hard-Corner Mixed-Use Retail and Loft
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253 3rd Ave, Chula Vista, CA 91910

Two-story mixed-use building with three ground-floor retail suites and two loft-style apartment units.

Property Size8,050 SF
Days on Market124

Property Features for 253 3rd Ave

General Information

Standard status Active
Size 8,050 SF
Property subtype Retail
Occupancy 100%

Additional Details

Multifamily Units 2

Building Details

Year Built 1949
Stories 2
Listing Agency: Marcus & Millichap - San Diego
Listed By: Ricky Partida · License #02027870
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 5:55PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - San Diego

Investment Insights

Based on property information with market context.

A two-story mixed-use building originally constructed in 1949 and renovated and modernized over time, positioned on the hard corner of Third Avenue and Davidson Street. The property is currently 100% leased, with three ground-floor retail suites and two loft-style apartment units on the second floor.

Retail tenants include a neighborhood bar (BarSinNombre), a jewelry store, and a vintage clothing and record store (Upright Citizen). The jewelry store is on a gross lease and represents 38% of the building’s rentable area, and it is scheduled to be vacant as of 8/31/2023. Sellers will guarantee the jewelry store rent for 12 months following close of escrow, or until a buyer signs a lease with a new tenant, whichever occurs first.

*Apartment units are not permitted according to building records; the buyer is to verify. The jewelry store suite may also be available for an owner-user, subject to the rent roll details.

Key Highlights

  • 8,050 SF two‑story mixed‑use building at 253‑257 3rd Avenue, Chula Vista, CA 91910
  • Hard corner location at Third Avenue and Davidson Street in downtown Chula Vista’s Third Avenue District
  • Currently 100% leased: three ground‑floor retail suites and two loft‑style apartment units on the second floor

Property Analytics

Current Use

Bar Sin Nombre Bar & Pub

Suggested Use

Top Pick Parking Lot & Garage Veterinary Clinic (Bike/Boat/Book/etc) Store Butcher HVAC Service Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

2,050
Businesses Nearby

Demographics for 91910, CA

79,613
Population
28,432
Households
2.8
Avg Household Size
38
Median Age
29%
College-Educated
84%
High-School Grad
12.6 sq mi
ZIP Area
6,318
Density / Sq Mi
$87,705
Median Household Income
$45,476
Median Earnings
$1,930
Median Rent
$676,700
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-story mixed-use building with three ground-floor retail suites and two loft-style apartment units.
Where is this mixed-use property located?
The property is located at 253 3rd Ave Chula Vista, CA.
What are key features of this property?
This property features: 8,050 SF two‑story mixed‑use building at 253‑257 3rd Avenue, Chula Vista, CA 91910; Hard corner location at Third Avenue and Davidson Street in downtown Chula Vista’s Third Avenue District; Currently 100% leased: three ground‑floor retail suites and two loft‑style apartment units on the second floor
More about this property
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