Detail

2380 Main, Cambria CA 93428 | $1,999,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 0 Lot Sq Ft
  • Type: Retail
  • Stories: 1
  • Year Built: 1978
  • MLS#: NS24197475
  • Community: CAMB - Cambria

Listing provided courtesy of Heather Roda of Platinum Properties. Last updated 2024-11-27 10:01:31.000000. Listing information © 2024 SANDICOR.

Looking to diversify your portfolio with a prime commercial property? Or maybe you’re searching for a stable, long-term investment in one of California’s most charming coastal towns? Situated in the heart of Cambria, California, this fully occupied commercial property offers an exceptional investment opportunity in a high-visibility location. Cambria, renowned for its quaint village atmosphere, artistic community, and stunning natural beauty, draws both locals and tourists year-round. Cambria is located about half way between San Fransisco and LA, only 34 miles north of San Luis Obispo and 9 miles south of the famous Hearts Castle. With a population of around 6,000 residents, Cambria is nestled between scenic pine forests and the Pacific Ocean, offering a peaceful yet vibrant setting. The property is just 2 miles from the beach and only 1.4 miles from Highway 1, making it ideally located for continued success. It spans 6,473 square feet across 7 units, with one tenant currently occupying two units. Zoned commercial retail, it is fully leased to a variety of thriving businesses, including two popular restaurants, JJ's Pizza and Wild Ginger, the well-loved boutique Sea & Green, a salon, barber shop and a high-end smoke shop. Each business enjoys steady foot traffic thanks to the prime location in Cambria's bustling retail district. Family-owned and built in 1978, this property is on the market for very the first time!!! What a unique opportunity to own a piece of Cambria's history. The lot encompasses 32,300 square feet and includes a 22-space parking lot and three storage buildings. 4.95 EDU’s of water are assigned to the lot and 3.95 EDU’s are currently in use. With long-term tenants in place and the potential to further maximize rental income, this commercial property is a rare gem in one of California’s most picturesque coastal towns—all offered at under $2M with a cap rate of approximately 4.9%. Seize this opportunity to grow your portfolio today!

More Details

1 Story
Parking Spots: 24.00
Business Type: Barber/Beauty
Business Type: Other
Business Type: Pizza
Business Type: Restaurant
Business Type: Retail
Asset Class: Multi-Family
Asset Class: Office
Asset Class: Retail
Cable Connected
Electricity Connected
Natural Gas Connected
Phone Connected
Sewer Connected
Water Connected
Security Feature: Fire Sprinkler System
Roof: Fire Sprinkler System
Heating: Forced Air

Michael Citrin

Call or Text: 858-755-0075

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