Renovated Historic Mixed-Use
For Sale
Contact for pricing
701 Island Ave, San Diego, CA 92101
Four-story property combines office space with ground-floor retail.
Property Size20,000 SF
Lot Size0.11 Acres
Days on Market143
Property Features for 701 Island Ave
General Information
Standard status
Active
Size
20,000 SF
Lot size
0.11 Acres
Property subtype
Retail, Office, Mixed Use
Occupancy
27%
Site & Location
Corner Location
Yes
Utilities to Site
Yes
Building Details
Year Renovated
2017
Buildings
1
Stories
4
Building Size
20,000 SF
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Downtown San Diego
Listed By:
Nick Totah · License #CA 01922255
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 29 at 10:10PM
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 - Downtown San Diego
Investment Insights
Based on property information with market context.
The Pac Lofts is a historic, four-story mixed-use building containing approximately 20,000 square feet on a 5,000-square-foot parcel. Office space occupies the upper levels, while the ground floor includes retail space. The property underwent a comprehensive renovation in 2017 that addressed structural elements, mechanical systems, utilities, the exterior façade, and interior finishes.
The building is positioned at 701 Island Ave in Downtown San Diego’s East Village, at the corner of 7th and Island Avenue. Petco Park and the Gaslamp Quarter are nearby, while the property sits beside the Sempra Energy headquarters building. Current occupancy is 26.8%, with Noonan Lance Attorneys on the fourth floor. The ground floor, second floor, and third floor are vacant and offered in vanilla shell condition, measuring 3,533 square feet, 4,885 square feet, and 4,885 square feet, respectively.
The building is positioned at 701 Island Ave in Downtown San Diego’s East Village, at the corner of 7th and Island Avenue. Petco Park and the Gaslamp Quarter are nearby, while the property sits beside the Sempra Energy headquarters building. Current occupancy is 26.8%, with Noonan Lance Attorneys on the fourth floor. The ground floor, second floor, and third floor are vacant and offered in vanilla shell condition, measuring 3,533 square feet, 4,885 square feet, and 4,885 square feet, respectively.
Key Highlights
- 20,000‑square‑foot historic mixed‑use building on a 5,000‑square‑foot parcel
- Four‑story configuration with office space and ground‑floor retail
- Comprehensively renovated in 2017, including structure, mechanical, utilities, façade, and interior finishes
Property Analytics
Property Profile
Current Use
Lease Details
26.8%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
11,787
Businesses Nearby
Explore this area
Business Placement
Demographics for 92101, CA
47,505
Population
32,909
Households
1.4
Avg Household Size
39
Median Age
57%
College-Educated
92%
High-School Grad
5.4 sq mi
ZIP Area
8,797
Density / Sq Mi
$90,477
Median Household Income
$72,371
Median Earnings
$2,351
Median Rent
$740,500
Median Home Value
Market
Vacancy Rate% for Office in San Diego, CA
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Four-story property combines office space with ground-floor retail.
Where is this mixed-use property located?
The property is located at 701 Island Ave San Diego, CA.
What are key features of this property?
This property features: 20,000‑square‑foot historic mixed‑use building on a 5,000‑square‑foot parcel; Four‑story configuration with office space and ground‑floor retail; Comprehensively renovated in 2017, including structure, mechanical, utilities, façade, and interior finishes
