Browse All National City CA Between $3 Million - $4 Million Properties for Sale

260020928 MLS ⋅ ACTIVE Status

EXCEPTIONAL INVESTMENT & REDEVELOPMENT OPPORTUNITY IN THE HEART OF NATIONAL CITY! Located at 205 E 8th Street, this substantial commercial property presents a rare opportunity to acquire a large existing retail building with significant future development potential in one of National City's evolving urban corridors. The property features a large existing commercial building with a prominent street-facing storefront, excellent visibility and an expansive, flexible interior footprint. The real opportunity, however, may be in the land and future development potential. Situated on approximately 0.24 acres and identified with MXU zoning, the property has been marketed with development potential of up to a 5.0 FAR, creating the possibility for substantially greater building density than currently exists. Potential future concepts may include **multifamily residential, mixed-use development, affordable housing, retail/residential combinations or other higher-density development**, subject to City approval and all applicable zoning and development regulations. For an investor or developer, this creates a compelling opportunity: acquire an existing income-capable commercial asset today while positioning for a much larger redevelopment project in the future. Located along E 8th Street in central National City, the property offers convenient connectivity to I-5, I-805, Downtown San Diego, Chula Vista and the greater South Bay, with surrounding residential, retail and commercial uses supporting a variety of future concepts.

205 E 8th St, National City

$2,850,000

2 Beds ⋅ 1 Baths ⋅ 240021033 MLS ⋅ CLOSED Status

Exceptional Value-Add Multifamily Investment in National City This unique property features 10 spacious, detached 2-bedroom, 1- bathroom homes, each individually metered for gas, electricity, and water—significantly reducing owner operating expenses. With strategic renovations, new ownership can achieve substantial rent increases, offering tenants the rare appeal of a detached home with private yards, off-street parking, and no shared walls. Located just steps from Sweetwater Union High School and Olivewood Elementary School, this property is highly desirable for families. Positioned on two separate parcels, totaling over 32,000 square feet, this offering presents a rare opportunity for a savvy investor to unlock significant value through renovation and repositioning.

2508-12 F Ave, National City

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Between $3 Million - $4 Million National City Real Estate

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