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Additional details
Listed by DJ Yeilding • CENTURY 21 Affiliated
$5,500,000
Est. payment /mo
7,200 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 7,200 sqft
Price per Sqft $763
MLS Listing ID CROC24193269
HOA Y/N No
Year Built 1955
Lot Size 7,820 Sqft
Property Sub-Type Mixed Use
Source Datashare California Regional
Property Description
Exceptional Investment Opportunity in San Clemente! 101 Avenida Serra and 102 Avenida Cabrillo-two prime legal parcels in the heart of San Clemente's vibrant downtown. This fully-leased gem offers a solid 10-year NNN lease with a popular canteen and a 6-year NNN lease with a popular hotel, ensuring stable and reliable income. With a robust estimated Net Operating Income of $288,000, this property not only boasts 10 dedicated parking stalls but also benefits from its strategic Mixed Use 3.1 (MU3.1) zoning, providing a range of future development possibilities. Seize this opportunity to invest in a thriving location with established, high-quality tenants. Perfectly positioned for continued growth and profitability-101 Avenida Serra and 102 Avenida Cabrillo represent a unique and valuable addition to any investment portfolio.
Location
State CA
County Orange
Interior
Fireplace No
Building
Water Public
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Vicky Van Brocklin
Broker | License ID: 01512910
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