Corner Ground-Floor Retail/Office
550 Front St San Diego, CA 92101
For Sale
Contact for pricing
Ground-floor corner suite with frontage on West Market Street and Front Street, offering street-level retail and office space.
Property Size5,000 SF
Price / SF$500
Days on Market129
Property Features for 550 Front St
General Information
Standard status
Active
Size
5,000 SF
Property subtype
RETAIL
Listing Agency:
Urban Property Group (UPG)
(858) 874-1989
Listed By:
Andrew Shemirani
Source:
Moodyscre
Added: Mar 23
Changed: Jul 28
Last Checked: Jul 29 at 2:20PM
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 Urban Property Group (UPG)
Investment Insights
Based on property information with market context.
±5,000 SF corner retail/office space is located on the ground floor with frontage on West Market Street and Front Street. The property is described as being at the base of 178 luxury condos and includes parking for tenants and customers.
Set in Downtown San Diego’s Marina District, the location is within two blocks of the Waterfront and Ralph’s grocery, three blocks from the Convention Center, and one block from a Trolley Station. Additional nearby destinations include Seaport Village and The Headquarters, and the area is within walking distance of the Gaslamp District, East Village, and Little Italy.
Set in Downtown San Diego’s Marina District, the location is within two blocks of the Waterfront and Ralph’s grocery, three blocks from the Convention Center, and one block from a Trolley Station. Additional nearby destinations include Seaport Village and The Headquarters, and the area is within walking distance of the Gaslamp District, East Village, and Little Italy.
Key Highlights
- ±5,000 SF ground‑floor corner retail/office space with frontage on West Market Street and Front Street
- Located at the base of 178 luxury condos
- Parking available
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 | $180.0k | $36.00 |
| − Vacancy | −$7.6k | −$1.52 |
| EGI | $172.4k | $34.48 |
| − OpEx | −$51.7k | −$10.35 |
| NOI | $120.7k | $24.14 |
5,000 SF · lease $36.00/SF/yr · vacancy 4.21% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.72M
$1.51M – $2.01M
NOI $120,695 @ 7.0% cap · market cap 4.83%
Second Best
Office B
$1.38M
$1.21M – $1.61M
NOI $96,525 @ 7.0% cap · market cap 3.86%
Theoretical Best
Specialty Retail
$1.97M
$1.73M – $2.30M
NOI $138,240 @ 7.0% cap · market cap 5.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Ground-floor corner suite with frontage on West Market Street and Front Street, offering street-level retail and office space.
Where is this retail space located?
The property is located at 550 Front St San Diego, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: ±5,000 SF ground‑floor corner retail/office space with frontage on West Market Street and Front Street; Located at the base of 178 luxury condos; Parking available
