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    540 27Th St San Diego, CA 92102
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    Property profile & analytics

    540 27Th St San Diego, CA 92102


    • Churches & religious facilities
    • 3,000 SF
    Mixed-Use Property in Grant Hill For Sale
    $1,650,000
    3,000 SF

    Mixed-Use Property in Grant Hill

    Mixed-use property with development potential in a bustling San Diego location.

    540 27th St, San Diego, CA 92102
    View Listing
    Property ID
    US09-7408523
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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    Current Use by Public Records

    • Free Church-God & Christ / Church

    Property Details for 540 27Th St

    Year built
    1967
    Property size
    3,000 SF
    Property type
    Churches & religious facilities
    Property subtype
    Retail space

    Description

    A Great opportunity for an owner/user or Investor/developer. The Property is owner-occupied by a church with a sanctuary on the first floor, and an upstairs apartment converted to a large open meeting room, office, and kitchen. Numerous options for the new owner include occupying the Property As-Is or converting the first floor to retail or office use and the second floor to a three-bedroom, one-bath apartment. Investors/developers will find value in the Property's favorable zoning, CC-3-6 Mixed Use Zoning, which allows for mixed-use and the possibility to increase density and receive incentives through the Complete Communities: Housing Solutions program because of the Property's location with a TransitPriority Area. MORE INFO: https://www.sandiego.gov/complete-communities/housing-solutions. There is also more information on HUBZone: https://www.sandiego.gov/economic-development/industry/hubzone. HUBzone was created to stimulate economic development and employment growth in communities by providing Federal contracting preferences to small businesses. Lastly, the information on Opportunity Zones is as follows: https://economicdevelopment.business.ca.gov/place-based-strategies/opportunity-zones/. Opportunity Zones incentivize investment and economic development in distressed communities by providing federal tax benefits to investors for qualified uses. The incentive enables a temporary deferral of capital gains for qualified investments through a Qualified Opportunity Fund (QOF) established with the Internal Revenue Service (IRS). The Property is in the bustling Grant Hill community within the highly traveled Market Street corridor. Walking distance to Grant Hill Community Park, public transit, and commercial services. It is adjacent to State Route 94 and less than a mile from Interstate 5—minutes from East Village, Downtown San Diego, Balboa Park, and San Diego International Airport. 3D Property Tour and Photos: https://blueskypixs.hd.pics/540-27th-St


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    Location Insight

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    City
    San Diego
    County
    San Diego
    State
    California
    Longitude
    -117.1362142
    Latitude
    32.7112805
    View Listing
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