3140-42 Market St San Diego, CA 92102
This exceptional owner-user or investment opportunity presents two renovated, single-story buildings totaling 4,152 square feet situated on a 6,359 square foot lot at 3140-42 Market Street in San Diego, CA 92102. The property boasts a prime location with convenient access to major freeways (I-15, I-5, I-94) and proximity to thriving San Diego neighborhoods. The front building is a sophisticated creative office space featuring high ceilings and advanced lighting. The rear building currently comprises two one-bedroom, one-bathroom residential units. Built in 1960 and extensively renovated in 2023, this property is zoned CC-3-4, offering diverse usage and significant redevelopment potential. The asking price is $2,395,000, translating to $576.83 per square foot. This presents a unique chance for businesses to control occupancy costs through ownership, benefiting from long-term fixed debt and potentially attractive financing options like SBA loans. The property's two buildings offer flexibility and potential for expansion or adaptation to various business needs. This is an ideal opportunity for businesses seeking a strategic location and the advantages of owning their workspace.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.