2828 University Ave San Diego, CA 92104

Property Details for 2828 University Ave

Property size

559 SF

Property type

Retail properties

Property subtype

Office Properties & Spaces

Description

This exceptional 559-square-foot ground floor retail/office condominium is ideally situated in the vibrant North Park neighborhood of San Diego, California, at 2828 University Avenue, zip code 92104. Located within the Palisade Gardens building, a five-story mixed-use complex at the corner of University Avenue and Utah Street, this property offers high visibility and consistent foot traffic. The unit, currently vacant and available for occupancy December 1st, 2024, boasts a mostly open layout, perfect for a variety of uses including medical offices, storefronts, or traditional office space. Features include a private restroom and an additional sink. The asking price is $400,000, translating to $715.56 per square foot. This represents a rare owner-user opportunity in a highly desirable location. The property is zoned CC-2-9 and includes one reserved parking space in the building's garage, with ample public street parking also available. The unit benefits from excellent signage opportunities on University Avenue, a major thoroughfare. This is an ideal investment for a business seeking a high-traffic location with strong visibility and convenient amenities. The sale is structured as a 1031 exchange.