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Informations principales sur l'investissement

  • Walk Score: 98
  • Current Use: Parking Lot (Interum Income)
  • Minutes From Petco Park & San Diego Convention Center
  • Zoning: CCPD-ER
  • Steps From The Gaslamp Quarter

Résumé analytique

702 Market Street is a rare urban infill development site in the heart of Downtown San Diego. Situated at the intersection of Market Street and 7th Avenue, the ±10,000 SF (±0.23 acres) site offers one of the most flexible and scalable development platforms available in coastal California — zoned to support multifamily, hotel, office, and mixed-use development with a base FAR of 6.0, scalable to 10.0+ through available bonuses, incentives, and transfer mechanisms.
As a previously entitled hotel development, this project may be advanced thruogh updated permitting aligned with current codes. Seller open to participation in hotel execution.
The Property generates near-term parking revenue driven by proximity to Petco Park, just four blocks away. The Padres ranked second in MLB attendance in 2025, drew a record 3,437,201 fans, and sold out 72 of 81 home games — making the surrounding blocks among the most reliably trafficked in
downtown San Diego.
Continued population growth, constrained supply, and San Diego’s global tourism appeal create a compelling backdrop across all viable uses, making 702 Market Street a singular opportunity to deliver a signature project in one of the West Coast’s most resilient urban environments.

Informations sur l’immeuble

Prix 5 914 485 €
Type de vente Investissement
Nb de lots 1
Type de bien Terrain
Sous-type de bien Résidentiel
Usage proposé
Logement
  • Hôtellerie
  • Appartements en copropriété
  • Hôtel
  • Parking
Surface totale du lot 0,09 ha
Zonage CCPD-ER - This classification provides synergies between educational institutions and residential neighborhoods, or transition between the Core and residential

1 Lot disponible

Lot

Prix 5 914 485 €
Prix par ha 63 543 524,03 €
Surface du lot 0,09 ha

Unmatched Development Optionality in the Core of Downtown San Diego. Income Producing Land. Multifamily, Hotel & Mixed-Use Potential.

Description

Entitled & Permitted Hotel Concept — A 302-key hotel was fully designed, entitled, and permitted for the site, featuring a ground-floor lobby, meeting space, fitness center, and rooftop pool and F&B venue, advanceable subject to re-permitting and current code compliance. Seller Collaboration Available — The seller's team is actively open to partnering with a new owner on program advancement, including the previously developed citizenM concept. Near-Term Parking Income — Four blocks from Petco Park, the property benefits from reliable event-driven parking revenue. The Padres ranked 2nd in MLB attendance in 2025, drawing 3,437,201 fans and selling out 72 of 81 home games. Premier Downtown Location — Steps from the Convention Center, Gaslamp Quarter, and Horton Plaza, within San Diego's expanding innovation and life sciences corridor. Supply-Constrained Market — Continued population growth and San Diego's global tourism appeal create a compelling demand backdrop across all viable uses.

Exceptionnellement praticable à pied
100/100
Moyennement adapté aux voitures
70/100
Transports en commun robustes
80/100
Moyennement praticable en vélo
70/100

Taxes foncières

Taxes foncières

Numéro de parcelle
535-105-06
Évaluation du terrain
8 461 649 €
Évaluation des aménagements
0 €
Évaluation totale
8 461 649 €
  • ID de l’annonce: 39977413

  • Date de mise sur le marché: 31/03/2026

  • Dernière mise à jour:

  • Adresse: 702 Market St, San Diego, CA 92101

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