Built in 1956 14 Parking Spaces in Gated Lot 0.23 Acres ......C 619 277 3077 [email protected]...

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for sale 2250 THIRD AVENUE SAN DIEGO, CA 92101 BRADFORD PERRY O 619 531 1643 C 619 990 1643 [email protected] License #: 01204960 LINVILLE MARTIN O 619 531 1643 C 619 277 3077 [email protected] License #: 01763723 FEATURES Approx. 4,429 RSF for Lease Class C Office Building 100% Leased Built in 1956 14 Parking Spaces in Gated Lot 0.23 Acres Land Area

Transcript of Built in 1956 14 Parking Spaces in Gated Lot 0.23 Acres ......C 619 277 3077 [email protected]...

Page 1: Built in 1956 14 Parking Spaces in Gated Lot 0.23 Acres ......C 619 277 3077 lin@perrycrei.com License #: 01763723 FEATURES • Approx. 4,429 RSF for Lease • Class C Office Building

for sale

2250 THIRD AVENUESAN DIEGO, CA 92101

BRADFORD PERRYO 619 531 1643 C 619 990 [email protected] #: 01204960

LINVILLE MARTINO 619 531 1643 C 619 277 [email protected] #: 01763723

FEATURES • Approx. 4,429 RSF for Lease

• Class C Office Building

• 100% Leased

• Built in 1956

• 14 Parking Spaces in Gated Lot

• 0.23 Acres Land Area

Page 2: Built in 1956 14 Parking Spaces in Gated Lot 0.23 Acres ......C 619 277 3077 lin@perrycrei.com License #: 01763723 FEATURES • Approx. 4,429 RSF for Lease • Class C Office Building

BALBOA PARK

BRADFORD PERRYO 619 531 1643 C 619 990 [email protected] #: 01204960

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LINVILLE MARTINO 619 531 1643 C 619 277 [email protected] #: 01763723

Page 3: Built in 1956 14 Parking Spaces in Gated Lot 0.23 Acres ......C 619 277 3077 lin@perrycrei.com License #: 01763723 FEATURES • Approx. 4,429 RSF for Lease • Class C Office Building

PROPERTY DESCRIPTION

ADDRESS 2250 Third Avenue, San Diego, CA 92101

BUILDING TYPE Wood / Brick

YEAR BUILT 1956

BUILDING CLASS Owner / User

BUILDING SIZE 4,429 SF

LAND AREA 0.23 AC

PARKING 14 Spaces at Gated / Secured Lot

OCCUPANCY 100%

APN 533-184-12-00

CONSTRUCTION TYPE Wood / Brick

HVAC Roof Mounted Package Units

FIRE / LIFE / SAFETY Wet Fire Suppression Sprinklers

FLOOD ZONE Zone X - the subject property is not located in a FEMA designated flood zone

SIGNAGE Monument Signage

LANDSCAPING Shrubs, Mature Trees, Concrete Walkway

CONNECTIVITY Cox Coax, TelePacific Copper (AT&T), Fiber in Street/Not in Building

LOCATION Bankers Hill (Third and Juniper)

PURCHASE PRICE $2,600,000.00

BRADFORD PERRYO 619 531 1643 C 619 990 [email protected] #: 01204960

LINVILLE MARTINO 619 531 1643 C 619 277 [email protected] #: 01763723

Page 4: Built in 1956 14 Parking Spaces in Gated Lot 0.23 Acres ......C 619 277 3077 lin@perrycrei.com License #: 01763723 FEATURES • Approx. 4,429 RSF for Lease • Class C Office Building

FLOOR PLANS

BRADFORD PERRYO 619 531 1643 C 619 990 [email protected] #: 01204960

13’5” 14’5.5” 13’5”

13’5” 13’5”

13’5”13’5”

14’4”

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13’6”

8’7”4’9”

10’3”

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11’

10’5”

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13’4

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13’4

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BA

BAKitchen

LINVILLE MARTINO 619 531 1643 C 619 277 [email protected] #: 01763723

Page 5: Built in 1956 14 Parking Spaces in Gated Lot 0.23 Acres ......C 619 277 3077 lin@perrycrei.com License #: 01763723 FEATURES • Approx. 4,429 RSF for Lease • Class C Office Building

BRADFORD PERRYO 619 531 1643 C 619 990 [email protected] #: 01204960

EXECUTIVE SUMMARY

LOCATION Southeast corner of Third & Juniper Streets

ADDRESS 2250 Third Avenue, San Diego, California 92101

APN 533-184-12-00

LAND AREA Approximately 10,000 square feet or 0.334 acres

IMPROVEMENTS Currently professional office building with approx. 4,429 RSF

YEAR BUILT 1956

SHAPE Rectangular shaped parcel.

PARKING Typically numerous street parking spaces available and fourteen on-site spaces

ACCESS Multi modal convenience, bus line, automobile, trolley, train and access to the airport which is approximately two miles to the north-west

HEIGHT LIMITATION Sixty-five feet subject to setback and step-back requirements adjacent to interior property lines. The FAA Airport Approach Overlay Zone may further limit the height.

ZONING CC-3-6 Commercial-Community Zone which is intended to accommodate development with a high intensity, pedestrian orientation and permits a residential development of one dwelling unit for each 1,000 square feet of site area. The ALUCP limits for dwelling units would lower this to eight units by right which may be increased to ten by meeting certain criteria set forth in the Building Code

HISTORICAL DESIGNATION

Locally designated Historical Resource (HRB. No. 52, October, 1971)

LINVILLE MARTINO 619 531 1643 C 619 277 [email protected] #: 01763723

Page 6: Built in 1956 14 Parking Spaces in Gated Lot 0.23 Acres ......C 619 277 3077 lin@perrycrei.com License #: 01763723 FEATURES • Approx. 4,429 RSF for Lease • Class C Office Building

SECOND AVENUE

BRADFORD PERRYO 619 531 1643 C 619 990 [email protected] #: 01204960

THIRD AVENUE

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Bankers’ Hill also known as Park West

is a neighborhood of historical homes,

high-rise residential properties as

well as retail and numerous small

professional office buildings. Located

at the corner of Third and Juniper

within three blocks of Balboa Park, the

property represents an opportunity for

either an office owner-user or a mixed

use residential development project.

Over the past ten years Bankers’ Hill

has become home to numerous high

end residential developments. The

Third and Juniper property represents

an excellent opportunity given its

proximity to the Downtown area and

the attractions of the Gaslamp District

as well as the toney Hillcrest area with

its multitude of restaurants and retail.

Equally important is that the property

is located only a couple of blocks from

Balboa Park with its numerous cultural

and activity facilities and a short

walking distance to Little Italy.

LINVILLE MARTINO 619 531 1643 C 619 277 [email protected] #: 01763723

Page 7: Built in 1956 14 Parking Spaces in Gated Lot 0.23 Acres ......C 619 277 3077 lin@perrycrei.com License #: 01763723 FEATURES • Approx. 4,429 RSF for Lease • Class C Office Building

BRADFORD PERRYO 619 531 1643 C 619 990 [email protected] #: 01204960

For More Information:

The informaton contained in the following Offering Memorandum is proprietary and strictly confidential. It is intended only to be reviewed by the party receiving it from Perry Commercial REI (hereafter “Perry CREI”) and should not be made available to any other person or entity without the written consent of Perry CREI. This offering Memorandum has been prepared to provide a summary of unverified information to prospective purchasers,

and to establish only a preliminary level of interest in the subject property. The information contained herin is not a substitute for a thorough due diligence investigation. Perry CREI has not made any investigation and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvement, the presence or absence of contamination substances, PCB’s, asbestos, mold, or fungi the compliance with State and Federal regulators, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Offering Memorandum has been obtained from sources we believe to be reliable;

however, Perry Commercial has not verified, and will not verify any of the information contained herin, nor has Perry CREI conducted any investgation regarding these matters and makes no warranty or representation whatsover regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. This is not an appraisal. Please consult your Perry Commercial agent for more details. The information contained herin was obtained from sources believed reliable, however, Perry CREI makes no guarantees, warranties or representations as to the completeness thereof.

This document has been prepared by Perry CREI for advertising and general information only. Perry CREI excludes unequivocally all inferred or implied terms, conditions and warranties arising out of the document and excludes all liability for loss and damages arising there from.

LINVILLE MARTINO 619 531 1643 C 619 277 [email protected] #: 01763723