Opportunity Zone - Development
Colliers International is pleased to present a rare opportunity to acquire 440 17th Street, a two-unit multifamily property located in an opportunity zone in the heart of East Village. 440 17th Street is a prime development opportunity, located in a bursting downtown neighborhood.
The growth of downtown San Diego in the past ten years is consistent with the national trend that emphasizes a return to the ‘Urban Core’, Suburban residents are downsizing and moving back to the urban areas, while younger generations are actively seeking urban environments that support their live, work and play lifestyles. The true live/work/play urban lifestyle Downtown San Diego offers is not duplicated anywhere in Southern California.
440 17th Street has the ability to benefit from the exposure Downtown’s continued commitment to the redevelopment and revitalization of its urban core, the expansion of the San Diego Convention Center calendar and events, along with the property’s proximity to the business core and booming East Village residential development, the property is ideally positioned for income.
Opportunity Zone
In the Path of Development
Strong Market in Development Cycle
Existing Income Development Potential
Attractive Market Fundamentals
- Property Type
Land
- Submarket
- Total Acres
0.11
- Property ID
2116798
