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702 Market St
San Diego, CA 92101 East Village

Price Upon Request

Land For Sale  •  0.23 AC

Property Details

  • Property Type Land
  • Lot Size 0.23 AC
  • Zoning CCPD-ER
80 Transit Score
100 Walk Score

Description

Entitled & Permitted Hotel Concept — A 302-key hotel was fully designed, entitled, and permitted for the site, featuring a ground-floor lobby, meeting space, fitness center, and rooftop pool and F&B venue, advanceable subject to re-permitting and current code compliance.

Seller Collaboration Available — The seller's team is actively open to partnering with a new owner on program advancement, including the previously developed citizenM concept.

Near-Term Parking Income — Four blocks from Petco Park, the property benefits from reliable event-driven parking revenue. The Padres ranked 2nd in MLB attendance in 2025, drawing 3,437,201 fans and selling out 72 of 81 home games.

Premier Downtown Location — Steps from the Convention Center, Gaslamp Quarter, and Horton Plaza, within San Diego's expanding innovation and life sciences corridor.

Supply-Constrained Market — Continued population growth and San Diego's global tourism appeal create a compelling demand backdrop across all viable uses.

Highlights

Walk Score: 98
Zoning: CCPD-ER
Current Use: Parking Lot (Interum Income)
Steps From The Gaslamp Quarter
Minutes From Petco Park & San Diego Convention Center

Public Transportation

Commuter RailDriveWalkDistance
San Diego (Santa Fe Depot) (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze)) 4 min - 1.2 mi
Old Town Transit Center (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze)) 8 min - 4.3 mi
Transit/SubwayDriveWalkDistance
Park and Market (Blue Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley), Orange Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley)) 2 min 7 min 0.3 mi
5th Avenue (Blue Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley), Orange Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley)) 3 min 9 min 0.4 mi
Gaslamp Quarter (Orange Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley)) 4 min 10 min 0.5 mi
Civic Center (Blue Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley), Orange Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley)) 2 min 11 min 0.6 mi
City College (Blue Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley), Orange Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley)) 2 min 11 min 0.6 mi
AirportDriveWalkDistance
San Diego International 7 min - 3.4 mi
Timothy Winslow 619-300-8322 Cushman & Wakefield
Timothy Winslow 619-300-8322 Cushman & Wakefield