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$4,950,000
17 Days On Site
31678 Coast HighwayLaguna Beach, CA 92651
For Sale|Commercial Sale|Active
0
Beds
0
Full Baths
0
Partial Baths
6,972
SqFt
$710
/SqFt
1948
Built
County:
Orange
Listed by Geoffrey Dewolf of Economos Dewolf, Inc. geoff@economosdewolf.com
Call Now: 949.375.4430
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949.375.4430Save
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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. 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.
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Listing Snapshot
Price
$4,950,000
Days On Site
17 Days
Bedrooms
N/A
Inside Area (SqFt)
6,972 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.23 Acres
Year Built
1948
MLS® Number
25522119
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| a week ago | Listing updated with changes from the MLS® | |
| 3 weeks ago | Listing first seen on site |
General Features
Acres
0.23
Number Of Stories
2
Parking Spaces
11
Special Circumstances
Standard
SqFt Total
6972
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Community Features
MLS Area
SL - South Laguna
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Neighborhood & Commute
Source: Walkscore
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