2808-22 State St Carlsbad, CA 92008
- Retail properties
- 8,843 SF
Current Use by Public Records
- Retail properties
Property Details for 2808-22 State St
- Property size
- 8,843 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional 8,843-square-foot Class A storefront property, located at 2808-22 State St, Carlsbad, CA 92008, presents a unique investment opportunity. Currently vacant, this fee-simple ownership offers significant potential for adaptive reuse within the VC (Village Center) zoning. Permitted uses include mixed-use development (28-35 units per acre, potentially 4-5 units), restaurant, retail, convenience store, hotel, and athletic/health club. The property benefits from an unparalleled location on a high-traffic, high-consumer-spend street. Data indicates approximately 3 million foot traffic over the past year, with daily counts ranging from 3,000 to 14,000. Annual consumer spending along State Street is estimated at approximately $12 million (per AlphaMap). This Core+ investment, priced at $4,500,000, offers a rare chance to acquire a prominent retail space in a thriving Carlsbad location with substantial upside potential. The property's size and zoning flexibility allow for a wide range of development options, catering to diverse business needs and maximizing return on investment. This is an exceptional opportunity for investors seeking a high-impact, high-traffic retail property in a desirable California market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Carlsbad
- County
- San Diego
- State
- California
- Longitude
- -117.35
- Latitude
- 33.1615