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Two-Story Mixed-Use Property
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416 University Ave, San Diego, CA 92103

Vacant shell spaces offer flexible commercial and upper-level configuration with a terrace and gated parking.

Property Size5,350 SF
Days on Market143

Property Features for 416 University Ave

General Information

Standard status Active
Size 5,350 SF
Total Parking Spaces 8
Property subtype Mixed Use, Multifamily, Retail

Additional Details

Highway Access Yes

Building Details

Buildings 1
Stories 2
Listing Agency: Marcus & Millichap - San Diego
Listed By: Ricky Partida · License #02027870
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 3:33PM

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.

This two-story mixed-use property contains 5,350 square feet arranged across distinct commercial and upper-level spaces. The ground floor provides 2,000 square feet of commercial area, while the 3,350-square-foot second floor features elevated ceilings and a terrace facing University Avenue. Both areas are vacant and delivered in shell condition, allowing the next owner or occupant to determine the interior buildout.

Eight gated parking stalls are included, with access from the alley. The property is positioned at 416 University Ave in San Diego’s Hillcrest neighborhood, between Fourth and Fifth Avenue. It is north of Downtown San Diego, adjacent to Balboa Park, and near major public transportation and regional freeway access.

Key Highlights

  • 5,350‑square‑foot two‑story mixed‑use property
  • 2,000 square feet of ground‑floor commercial space
  • 3,350‑square‑foot upper level with elevated ceilings and a terrace

Property Analytics

Current Use

Lesleigh Kent (Bike/Boat/Book/etc) Store Inner U Alchemy Alternative Medicine Practice

Suggested Use

Top Pick Home Appliance Store (Bike/Boat/Book/etc) Store Daycare Center Carpet & Flooring Store HVAC Service Electronics & Wireless Store

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

6,651
Businesses Nearby
372k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 42% Dining 29% Shops & Services 22% Home Improvements & Furnishings 3%
Whole Foods Market Groceries
64,059 visits/mo 0.3 miles
Ralphs Groceries
46,221 visits/mo 0.5 miles
VONS Groceries
44,279 visits/mo 0.3 miles
Shell Shops & Services
13,326 visits/mo 0.1 miles
Better Buzz Coffee Roasters Dining
12,340 visits/mo 0.3 miles

Demographics for 92103, CA

33,311
Population
21,363
Households
1.6
Avg Household Size
42
Median Age
63%
College-Educated
97%
High-School Grad
3.7 sq mi
ZIP Area
9,003
Density / Sq Mi
$96,887
Median Household Income
$69,732
Median Earnings
$2,020
Median Rent
$986,800
Median Home Value

Market

Vacancy Rate% for Retail in San Diego, CA

4.9% 2019
6% 2020
5.8% 2021
4.5% 2022
4.4% 2023
4.4% 2024
4.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Vacant shell spaces offer flexible commercial and upper-level configuration with a terrace and gated parking.
Where is this mixed-use property located?
The property is located at 416 University Ave San Diego, CA.
What are key features of this property?
This property features: 5,350‑square‑foot two‑story mixed‑use property; 2,000 square feet of ground‑floor commercial space; 3,350‑square‑foot upper level with elevated ceilings and a terrace
More about this property
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