1014 Broadway
1014 Broadway
$3,850,000
9,603 / 0.22
Pending
Description
The subject property is a prime ±0.22 acre redevelopment site located at 1014 Broadway in downtown San Diego. Currently operating as a small retail
center, all leases on this property are on a month-to-month basis with the exception of one lease for a 1,600 SF space that expires in 2029. Broadway is a major east-west arterial through downtown San Diego and this site benefits from the exposure of 100' of frontage along Broadway as well as 100' of frontage along 10th Avenue. Zoning for this property...The subject property is a prime ±0.22 acre redevelopment site located at 1014 Broadway in downtown San Diego. Currently operating as a small retail
center, all leases on this property are on a month-to-month basis with the exception of one lease for a 1,600 SF space that expires in 2029. Broadway is a major east-west arterial through downtown San Diego and this site benefits from the exposure of 100' of frontage along Broadway as well as 100' of frontage along 10th Avenue. Zoning for this property is Centre City Planned District - Employment/Residential Mixed-Use (CCPD-ER). Base Floor Area Ratio (FAR) for the CCPD-ER zoning classification is 6.0 with a maximum of 10.0. A bonus FAR of 4.0 could also be taken advantage of to increase to possible maximum FAR of a new building on this site to 14.0. With an FAR of 10.0, a structure of 96,030 SF could be built. Including the bonus FAR, a structure of 134,442 SF
could be built. This property qualifies as a Complete Communities Housing Solutions Tier 1 site which would allow a developer unlimited FAR. Additionally, the site is located within a Qualified Census Tract (QCT) as well as within a Difficult Development Area (DDA). The East Village district of downtown San Diego is the center of where much of the proposed residential growth under the Downtown Community Plan is expected to occur and, as a result, East Village is expected to experience considerable transformation over the next 20 years. The projected growth in the Northwest sub-district of the East Village is expected to ultimately transform the area into downtown San Diego's highest intensity residential-emphasis district.
center, all leases on this property are on a month-to-month basis with the exception of one lease for a 1,600 SF space that expires in 2029. Broadway is a major east-west arterial through downtown San Diego and this site benefits from the exposure of 100' of frontage along Broadway as well as 100' of frontage along 10th Avenue. Zoning for this property...The subject property is a prime ±0.22 acre redevelopment site located at 1014 Broadway in downtown San Diego. Currently operating as a small retail
center, all leases on this property are on a month-to-month basis with the exception of one lease for a 1,600 SF space that expires in 2029. Broadway is a major east-west arterial through downtown San Diego and this site benefits from the exposure of 100' of frontage along Broadway as well as 100' of frontage along 10th Avenue. Zoning for this property is Centre City Planned District - Employment/Residential Mixed-Use (CCPD-ER). Base Floor Area Ratio (FAR) for the CCPD-ER zoning classification is 6.0 with a maximum of 10.0. A bonus FAR of 4.0 could also be taken advantage of to increase to possible maximum FAR of a new building on this site to 14.0. With an FAR of 10.0, a structure of 96,030 SF could be built. Including the bonus FAR, a structure of 134,442 SF
could be built. This property qualifies as a Complete Communities Housing Solutions Tier 1 site which would allow a developer unlimited FAR. Additionally, the site is located within a Qualified Census Tract (QCT) as well as within a Difficult Development Area (DDA). The East Village district of downtown San Diego is the center of where much of the proposed residential growth under the Downtown Community Plan is expected to occur and, as a result, East Village is expected to experience considerable transformation over the next 20 years. The projected growth in the Northwest sub-district of the East Village is expected to ultimately transform the area into downtown San Diego's highest intensity residential-emphasis district.
- Listed by Matthew Wenzel • DRE #01198357 • Brokerage DRE #00530854 • Marcus & Millichap • 714-875-2878
Property Details for 1014 Broadway
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City Lights
Lot Size SourceAssessor
Assessor Parcel Number534-195-06-00
New ConstructionNo
PoolNo
ViewYes
AssociationNo
Association Fee$.00
Location
LISTING UPDATED: 04/18/2024 02:00 AM
Property Details for 1014 Broadway
Status | Pending |
---|---|
MLS # | PW24056937 |
Days on Market | 27 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Lot/Land |
Year Built | - |
Lot Size | 0.22 AC |
County | San Diego County |
Location
Building Information for 1014 Broadway
Lot Size0.22 AC
Payment Calculator
$24,790 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1014 Broadway
Property History for 1014 Broadway
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1014 Broadway
Taxable ValueLand$3,408,787Additions-Total$3,408,787
Tax Record2023$45,348 ($3,779 / month)
Home Facts
Total Finished SqFt10,000 SqFtAbove Grade Finished SqFt10,000 SqFtLot Size9,603 SqFtStyleStoresYear Built1932ZoningCOMMERCIALCountySAN DIEGOAPN534-195-06-00
Schools near 1014 Broadway
This home is within San Diego Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Charter - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Washington Elementary School PublicK to 5 | ||
Roosevelt International Middle School Public6 to 8 | ||
King-Chavez Community High School Charter9 to 12 | ||
San Diego Business Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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