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Description
Ocean view 10 unit 2 story commercial building first time ever on the market! West of the 5, prime Capo Beach location 1/4 mile from the coast with frontage along the wide boulevard of Estrella. Excellent opportunity for immediate owner/user with office space upstairs and retail storefront suites downstairs. Great investor play for 25%+/- improved cash flow with 2 current non-revenue units, or future redevelopment. Potential for a third story to capture panoramic Pacific and Catalina views. Possible Senior Living development. Check with city to confirm all options.
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MLS# NP21034222
$35,000,000
5 Beds
6 Baths
Listing Agent: Adrienne Brandes
Courtesy of: Surterre Properties Inc.
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Listing Agent: Austin Ybarra Courtesy of: Bret Pursuit, Broker The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved. Updated: 17th May, 2022 12:53 AM (UTC)
