303 Crescent, Avalon CA 90704 | $7,200,000

Catalina Island ~ Avalon front street prime location, retail / residential building. Built in 1982 this 3-story building has 9,048 sq ft +/- of rentable space. Retail space 6,000 sq ft +/- is currently being used by a prominent bank which is the only bank in the town of Avalon, and a second local business. The upstairs 3,048 sq ft +/- penthouse apartment offers luxurious living space with an amazing view of the harbor and 4 Bedrooms, 2.5 Bathrooms to accommodate many guests. Other features include spacious living room with a bar and balcony. Elevator to accommodate accessibility. Two private outdoor patios to use as you please, and the property comes with a short-term rental license so you can generate additional income by renting out this highly desirable space. This property is literally next to the beachfront, restaurants, bars, and retail shops. Avalon is a wonderful place to escape to and work remotely. Seize this investment opportunity to own one of Avalon's premier retail spaces and make your fantasies a reality.

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