2808-22 State St Carlsbad, CA 92008

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.