106 Thorn St

BANKERS HILL OFFICE / RESIDENTIAL CONVERSION OPPORTUNITY - Rare chance to own a character-rich 1911 corner-lot building in the heart of Bankers Hill, designed with architectural pedigree and situated just steps from Balboa Park. Currently operating as a 2,385sqft 2nd gen medical office space, on a 3,383sqft corner lot, zoned RM-3-9, offering exceptional flexibility for the next owner. Recent improvements include electrical panel and fixture upgrades, central HVAC + mini-split, new plumbing, foundation, remodeled bathrooms and kitchenette, rebuilt staircase, new tile flooring, and restoration of original architectural details ie. wood floors, mouldings and window casings, pocket doors, hardware. Multiple use paths available: continue as office/retail/creative space, reconfigure to a live/work property, convert to a 4-unit multifamily with 2 additional ADUs, or convert to a single-family residence. Property is also eligible for San Diego's Complete Communities Tier 2 development at 8.0 FAR, supporting up to 27,000+ SF of potential buildable area for a full redevelopment play. Prime location in one of San Diego's most walkable, historic and dynamic neighborhoods that is undergoing transformative redevelopment, elevating the the area for those who call it home, work there, or come to experience it. Minutes to dining, shopping, entertainment, Balboa Park, museums, San Diego Zoo, Petco Park, Hillcrest, San Diego Bay, San Diego International Airport and much more.