Main Street Motel
REDEVELOPMENT OPPORTUNITY
Marketing description
The Main Street Motel is a former 27-room, two-story independent economy hotel located in San Diego’s South/East submarket, offering strong visibility along Main Street and convenient access to Interstate 5, public transit, and San Diego International Airport. Situated on a 0.51-acre urban lot with IH-1-1 zoning, the property features exterior corridor access, surface parking, and a functional layout, positioning it well within a high-demand and evolving area.
Currently closed, the property presents a compelling repositioning opportunity for investors and developers. Located within an Opportunity Zone, the asset offers potential for redevelopment, conversion to a recognized hotel brand, or renovation to maximize the site’s potential. The property is permit-ready, with asbestos abatement and demolition work already completed and approved by city inspection, allowing a buyer to begin renovation immediately.
Investment highlights
- Former 27 room motel ready for immediate renovation
- Asbestos abatement and demolition work completed
- Located in a federal Opportunity Zone with IH-1-1 zoning
- Minutes to Pacific Fleet Trolley, easy access to downtown, and just 1.7 miles from the Naval Base
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