Mission Bay Motel in Pacific Beach, San Diego, Listed for Sale

Mission Bay Motel in Pacific Beach, San Diego, is listed for sale for the first time in over 60 years, offering 50 rooms and redevelopment opportunities near the Pacific Ocean.

The Mission Bay Motel, located in the Pacific Beach neighborhood of San Diego, has been listed for sale. The property is available for purchase for the first time in over six decades. It is situated one block from the Pacific Ocean and occupies a corner lot measuring approximately 28,300 square feet, or 0.65 acres. The motel features 50 rooms and provides over 330 feet of street frontage along a main corridor of Pacific Beach.

The site is positioned within walking distance of several local amenities, including Crystal Pier, Sail Bay, and the Pacific Beach Promenade Shopping Mall. Additional shops, restaurants, and bars are also located nearby.

Site Details and Zoning

The Mission Bay Motel was constructed in 1945 and has a total building area of 14,400 square feet. The property’s base zoning allows for a variety of commercial uses and residential development at a density of 29 units per acre. Any redevelopment or significant changes to the site would be subject to coastal commission review.

The property’s location and zoning provide potential for modernization of the existing hospitality operations or redevelopment for alternative uses, depending on regulatory approvals.

Investment and Redevelopment Potential

Key investment highlights of the Mission Bay Motel include:

– First time available for sale in over 60 years

– 50-room motel with operational upside

– Over 330 feet of frontage along a main Pacific Beach corridor

– Proximity to the Pacific Ocean, located one block away

– Nearby amenities include retail, dining, and entertainment options 

– Zoning that allows for multiple commercial uses and residential development at 29 units per acre

The property’s location in Pacific Beach, a coastal neighborhood in San Diego, is noted for its year-round appeal to both visitors and residents. The area features walkable streets and access to local businesses.

Neighborhood and Accessibility

Pacific Beach is located approximately eight miles from downtown San Diego and five miles from San Diego International Airport. The neighborhood provides access to major employment centers, including Mission Valley, Kearny Mesa, and the University Town Center (UTC).

The area is recognized for its mix of retail, dining, and entertainment venues, as well as recreational sites like Crystal Pier, Tourmaline Surfing Park, and the Pacific Beach Boardwalk. The neighborhood’s pedestrian-friendly layout and proximity to the ocean contribute to consistent demand for housing and commercial space in the area.

Summary

The Mission Bay Motel in Pacific Beach, San Diego, is being offered for sale after more than 60 years under the same ownership. The 50-room property is located near the Pacific Ocean and offers redevelopment potential subject to local zoning and regulatory review. The site’s location and zoning flexibility provide opportunities for continued hospitality use or alternative commercial or residential development.

Inquire at CBRE.