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Commercial Land with Retail Improvements
New
For Sale
$3,300,000

2991 Broadway, San Diego, CA 92102

CN-1-3 zoning and preliminary plans outline a 77-unit apartment project.

Property SizeContact for details
Days on Market4

Property Features for 2991 Broadway

General Information

Standard status Active
Property subtype Commercial

Building Details

Units 1
Listing Agency: Starker West
Listed By: Eric Lowe
Source: Elliman
Added: Oct 1 Changed: Oct 2 Last Checked: Oct 2 at 10:57PM

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 Starker West

Investment Insights

Based on property information with market context.

The 10,013-SF parcel is improved with a retail building occupied by a coffee shop and a barber shop. Base zoning is CN-1-3 with a 6.5 FAR. Preliminary development plans call for a 77-unit apartment project.

The property is at 2991 Broadway in San Diego’s Golden Hill neighborhood. Walk Score is 89, Bike Score is 60, and Transit Score is 59.

Key Highlights

  • 10,013‑SF parcel with an existing retail building
  • Current occupants include a coffee shop and a barber shop
  • CN‑1‑3 base zoning with a 6.5 FAR

Property Analytics

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Current Use

Mariscos Hergon Restaurant The Coffee Drop Cafe & Coffee Shop Anakin's Barber shop Barber Shop

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Storage Facility Pharmacy Locksmith Travel Agency

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

Location Intelligence

Trade Area within ½ mile

1,095
Businesses Nearby
57k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 49% Shops & Services 45% Home Improvements & Furnishings 7%
76 Shops & Services
17,708 visits/mo 0.3 miles
Taco Bell Dining
17,033 visits/mo 0.4 miles
Watermill Express Shops & Services
7,754 visits/mo 0.3 miles
Starbucks Dining
7,609 visits/mo 0.3 miles
Ferguson Home Improvements & Furnishings
3,954 visits/mo 0.4 miles

Demographics for 92102, CA

39,783
Population
15,622
Households
2.5
Avg Household Size
34
Median Age
29%
College-Educated
80%
High-School Grad
4.5 sq mi
ZIP Area
8,841
Density / Sq Mi
$71,319
Median Household Income
$40,142
Median Earnings
$1,855
Median Rent
$646,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Commercial land - CN-1-3 zoning and preliminary plans outline a 77-unit apartment project.
Where is this commercial land located?
The property is located at 2991 Broadway San Diego, CA.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: 10,013‑SF parcel with an existing retail building; Current occupants include a coffee shop and a barber shop; CN‑1‑3 base zoning with a 6.5 FAR
More about this property
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