Corner Retail Building with
2692 Imperial Ave San Diego, CA 92102
2692 Imperial Ave, San Diego, CA, 92102
$1,495,000
For Sale
$1,495,000
Renovated corner retail building with two office spaces and private garage access.
Property Size2,880 SF
Price / SF$519.10
Days on Market191
Property Features for 2692 Imperial Ave
General Information
- Standard status
- Active
- Size
- 2,880 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1959
Listing agency
LPT Realty, Inc.
(619) 636-7324
Listed by
Andrea Garcia · License #02015983
(619) 636-7324
Source
Exitrealty
Added: Jan 12 Updated: Jul 21 at 8:13PM Checked: Jul 21 at 8:13PM
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 LPT Realty, Inc.
Investment Insights
Based on property information with market context.
This fully reimagined corner commercial building has been renovated with modern interior finishes, updated lighting, and improvements to key building systems. The property is configured with a layout that currently includes two office spaces, and it operates as a boutique smoke shop. A private garage access option supports practical back-of-house convenience.
The building is located at 2692 Imperial Avenue. Public remarks note strong street visibility along Imperial Avenue and proximity to Downtown San Diego and San Diego International Airport.
With its renovated condition and flexible interior configuration, the space can support retail or small business uses depending on the next tenant’s concept, including a continuation of the current use or an adaptation to a new operator’s layout.
The building is located at 2692 Imperial Avenue. Public remarks note strong street visibility along Imperial Avenue and proximity to Downtown San Diego and San Diego International Airport.
With its renovated condition and flexible interior configuration, the space can support retail or small business uses depending on the next tenant’s concept, including a continuation of the current use or an adaptation to a new operator’s layout.
Key Highlights
- Fully reimagined retail space at 2692 Imperial Avenue with upgraded finishes, flooring, refined lighting, and improvements to key building systems
- Corner commercial building with 2,880 SF of retail space and a layout currently configured with two office spaces
- Private garage access included, with flexible space that can accommodate a variety of retail or small business uses
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $103.7k | $36.00 |
| − Vacancy | −$4.4k | −$1.52 |
| EGI | $99.3k | $34.48 |
| − OpEx | −$29.8k | −$10.35 |
| NOI | $69.5k | $24.14 |
2,880 SF · lease $36.00/SF/yr · vacancy 4.21% · expense 30.00%
Alternative Uses
Best Use
Retail
$993.2K
$869.0K – $1.16M
NOI $69,521 @ 7.0% cap · market cap 4.65%
Second Best
Office B
$794.3K
$695.0K – $926.6K
NOI $55,598 @ 7.0% cap · market cap 3.72%
Theoretical Best
Specialty Retail
$1.14M
$995.3K – $1.33M
NOI $79,626 @ 7.0% cap · market cap 5.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Top Tier Training
Training Center
dia wireless
Mobile Phone Store
Similar For Sale Nearby
Similar Off Market Nearby
- Tayler Jupiter Designs — 2995 Commercial St, San Diego, CA 92113
- barriologanflorist — 522 Sicard St ste a, San Diego, CA 92113
- Rosita's Flower Shop — 2924 National Ave, San Diego, CA 92113
- jackiejo flowers — 522 Sicard St, San Diego, CA 92113
- Williams Enterprises — 2932 Ocean View Blvd, San Diego, CA 92113
FAQs
What type of property is this?
Storefront property - Renovated corner retail building with two office spaces and private garage access.
Where is this storefront property located?
The property is located at 2692 Imperial Ave San Diego, CA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Fully reimagined retail space at 2692 Imperial Avenue with upgraded finishes, flooring, refined lighting, and improvements to key building systems; Corner commercial building with 2,880 SF of retail space and a layout currently configured with two office spaces; Private garage access included, with flexible space that can accommodate a variety of retail or small business uses
