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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
BALBOA PARK
BRADFORD PERRYO 619 531 1643 C 619 990 [email protected] #: 01204960
5
5
LINVILLE MARTINO 619 531 1643 C 619 277 [email protected] #: 01763723
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
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”
13’5”
13’5”
13’5”
13’6”
13’6”
13’6”
8’7”4’9”
10’3”
7’3.5”
11’
10’5”
9’6”
13’4
”
13’4
”
13’4
”11
’6”
11’6
”
11’6
”
11’6
”
17’
7’10
.5”
11’6
”11
’6”
13’6
”
13’6
”11
’5”
11’6
”
11’6
”
10’
10’5
’
6’4”
BA
BAKitchen
LINVILLE MARTINO 619 531 1643 C 619 277 [email protected] #: 01763723
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
SECOND AVENUE
BRADFORD PERRYO 619 531 1643 C 619 990 [email protected] #: 01204960
THIRD AVENUE
5
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
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