Pacific Beach, San Diego’s Mission Bay Motel is listed for sale. Image Credit: CBRE
For the first time in over 60 years, the Mission Bay Motel in Pacific Beach, San Diego, is listed for sale, and it offers 50 apartments and potential restoration projects close to the Pacific Ocean. The Pacific Beach area of San Diego’s Mission Bay Motel has a listing for sale. For the first time in over six years, the home is available for purchase. It is a corner lot measuring about 28, 300 square foot, or 0.65 acres, and is a block away from the Pacific Ocean. The campground has 50 areas and offers over 330 feet of city front along a major thoroughfare of Pacific Beach. The site’s location, which includes Pacific Beach Promenade Shopping Mall, Sail Bay, and Crystal Pier, makes it easy to get around the area. Additionally near are more bars, restaurants, and shops. Site Information and ZoningThe Mission Bay Motel was built in 1945 and has a 14,400 square foot full developing area. At a mass of 29 models per acre, the homeowner’s base zoning permits a variety of commercial and residential development. Any important modifications or redevelopment of the site may be governed by the coastal commission. Depending on regulatory approvals, the property’s location and planning make it possible to modernize the company’s existing hotel rooms or redevelop them for other purposes. The Mission Bay Motel’s investment opportunities include:- Second time for sale in over 60 years;- 50 rooms with administrative upside;- Near dining and entertainment options;- Zoning that permits many commercial uses and home development at 29 units per acre;- Property’s year-round appeal to both visitors and residents; The region offers access to nearby businesses and accessible sidewalks. Neighborhoods and AccessibilityPacific Beach is located five miles from San Diego International Airport and eight yards from downtown San Diego. The area offers access to significant employment opportunities, including University Town Center ( UTC ), Kearny Mesa, and Mission Valley. The place is renowned for having a mix of restaurants, amusement, and retail outlets, as well as parks like Crystal Pier, Tourmaline Surfing Park, and Pacific Beach Boardwalk. The area’s crowded housing market and close proximity to the lake are just two reasons why the area is consistently in demand for both commercial and residential space. SummaryAfter more than 60 years of being in the same rights, Pacific Beach, San Diego, is being offered for sale. The home, which has 50 rooms, is close to the Pacific Ocean and has potential for restoration, issue to local zoning and regulatory approval. The app’s location and zoning flexibility make it possible to continue serving as a hotel or for other business or personal development. Contact CBRE to check.
