Newmark, as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee-simple interest in 345 B Street (“the Property”), an exceptional 0.35 acre (15,063 SF) development site positioned in the heart of Downtown San Diego.
*The site falls within Complete Communities Zone 1 which allows for unlimited height and FAR.
*Highly amenitized location with convenient access to Little Italy, Gaslamp, and Balboa Park.
*Multimodal connectivity with the 5th Avenue Trolley Station and immediate proximity to I-5 and SR-163.
*A .92 acre assemblage is possible with the adjacent site of California Theatre.
*Includes an approved, shovel ready plan with construction permits for a 301-key hotel with office and retail space.