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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.
Property Type(s):
Commercial
| Last Updated | 4/7/2025 | Year Built | 1948 |
|---|---|---|---|
| Community | South Laguna | County | Orange |
Additional Details
| AREA | South Laguna |
|---|---|
| HOA DUES | 0 |
| LOT | 10018 sq ft |
| STORIES | 2 |
Location
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Listed with Economos Dewolf, Inc.
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