EXCEPTIONAL INVESTMENT & REDEVELOPMENT OPPORTUNITY IN THE HEART OF NATIONAL CITY! Located at 205 E 8th Street, this substantial commercial property presents a rare opportunity to acquire a large existing retail building with significant future development potential in one of National City's evolving urban corridors. The property features a… Read More large existing commercial building with a prominent street-facing storefront, excellent visibility and an expansive, flexible interior footprint. The real opportunity, however, may be in the land and future development potential. Situated on approximately 0.24 acres and identified with MXU zoning, the property has been marketed with development potential of up to a 5.0 FAR, creating the possibility for substantially greater building density than currently exists. Potential future concepts may include **multifamily residential, mixed-use development, affordable housing, retail/residential combinations or other higher-density development**, subject to City approval and all applicable zoning and development regulations. For an investor or developer, this creates a compelling opportunity: acquire an existing income-capable commercial asset today while positioning for a much larger redevelopment project in the future. Located along E 8th Street in central National City, the property offers convenient connectivity to I-5, I-805, Downtown San Diego, Chula Vista and the greater South Bay, with surrounding residential, retail and commercial uses supporting a variety of future concepts. Read Less
Listing Snapshot
Days Online
40
Last Updated
MLS Number
260020928SD
Additional Details
Building
Construction Materials: Brick
Home Owner's Association
Association Fee: $0
Taxes
Parcel Number: 55633315, Zoning: MXU
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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