6,972-SF Multi-Tenant Retail Building Steps From the Pacific Ocean. Asking Price of $4,950,000 $710/sf (4.4% cap rate, proforma cap of 6.2%). PCH frontage with a rare private parking lot providing 11 exclusive stalls. Two retail tenants on 1st floor and US Postal Service on entire 2nd floor.… Read More Owner user potential: 2,250 SF is MTM (1/3rd of building). Laguna Beach regularly exceeds $600M in annual retail sales. New ordinance allowing up to 3,822-SF of residential on the 2nd floor. Exceptionally high household incomes and robust consumer spending. Read Less
Property listed by Economos Dewolf, Inc., Geoffrey Dewolf 949-576-2751
Listing Snapshot
Days Online
22
Last Updated
Property Type
Other
Square Ft.
6,972
Lot Size
0.23 Acres
Year Built
1948
MLS Number
25522119
30 Days Snapshot Of 92651
$3,210k
-3%
(avg) sold price
25
+25%
homes sold
84
-23%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1948, Building area total: 6,972
Lot
0.23 acres, 10,018 square feet, Size: 10,018
Parking
11 totals parking
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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