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1606 Market Street

1606 Market Street
San Diego, CA 92101
Availability: Price:$8,000,000 Size:19,041 SF
Shipping: Marcus & Millichap is pleased to present 1606 Market Street.
Pricing: $0.00
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Description





Agents

BEN TASHAKORIAN | SENIOR MANAGING DIRECTOR


Senior Director: Institutional Property Advisors (IPA)
License: CA 01333884
Dir: (858) 373-3176
Fax: (858) 373-3110
btashakorian@ipausa.com

BRAD PETERS | Associate


Managing Partner: Tashakorian Group
License: CA 02025155
Dir: (858) 373-3227
Cell: (805) 208-6210
brad.peters@marcusmillichap.com

Description

Marcus & Millichap is pleased to present The Market Street Development – a 19,041 SF parcel located in the East Village neighborhood of Downtown San Diego. The site is currently operating as a gas station, which is included in the offering, but is zoned CCPDRE (Residential Emphasis) and has a base FAR of 6.0, allowing for a structure of 114,246 SF. Additionally, there are incentives allow the FAR to reach as high as 8.0.

Features

  • 19,041 SF Parcel on Market Street in Downtown San Diego
  • Zoned CCPD-RE (Residential Emphasis)
  • 6.0 FAR with a Maximum of 8.0 with Incentives
  • Build up to 114,246 SF (152,328 SF with Incentives)
  • Frontage on 16th Street, 17th Street & Market Street
  • $125,000 NOI on Union 76 Business – Included in Offering

Offering Price

$8,000,000

Parcel Size

19,041 SF

Price Per SF

$420.15

Base Max FAR

6.0 (8.0 With Incentives)

Max Buildable SF

114,246 SF

Max Buildable SF (With Incentives)

153,328 SF

Details

  • 22932272
  • Mixed-Use
  • Price:$8,000,000 Size:19,041 SF
  • New

Categories

Shipping Information

  • Item Requires Shipping
  • Marcus & Millichap is pleased to present 1606 Market Street.

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