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226 Avenida Del Mar, San Clemente, CA 92672
Priced at Only: $12,500,000
For more Information Call
Mobile: 714.478.6676
Address: 226 Avenida Del Mar, San Clemente, CA 92672
Property Photos
Property Location and Similar Properties
- MLS#: OC24177898 ( Office )
- Street Address: 226 Avenida Del Mar
- Viewed: 16
- Price: $12,500,000
- Price sqft: $0
- Waterfront: No
- Year Built: 2023
- Bldg sqft: 0
- Days On Market: 115
- Additional Information
- County: ORANGE
- City: San Clemente
- Zipcode: 92672
- Provided by: Beach Cities Real Estate
- Contact: Sam Sam
- DMCA Notice
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Description224 & 226 Avenida Del Mar are being sold together as 2 of the premier Commerical buildings in San Clemente along with 3 prime parking lots situated behind the buildings on Avenida Cabrillo. These 2 properties are being sold as one package and offer great potential. Here are the Property Highlights: 224 Avenida Del Mar: Multi unit property featuring 5 suites Suite A: $6,000/month Suite B: $3,500/month Suites C, D, & E: One tenant occupies all three suites for a total of $13,000/month All these leases are not triple net, providing flexibility for management 226 Avenida Del Mar: Strong A Class Tenant: Rare Society Restaurant Lease Rate: $25,000/month on a triple net lease The stability of this tenant enhances the investment's appeal This tenant is on a 10 year lease with 4% increases every 2 years Shared Parking Agreement: Both properties benefit from a verbal shared parking agreement, allowing for seamless access and future development potential on the 224 Avenida Del Mar property. Parking Lots: Three additional lots located behind the properties, each with its own APN/Parcel number, ensuring ample parking for tenants and visitors alike. Investment Opportunity: The combined rental income from both properties presents a compelling cap rate, making this an attractive investment for buyers seeking to capitalize on the thriving San Clemente market. Join the Vibrant San Clemente Community: Take advantage of this rare opportunity to own prime commercial real estate in one of California's most desirable coastal towns.
Features
Additional Parcels Description
- 058-111-35
Building Area Total
- 5074.00
Commoninterest
- None
Country
- US
Current Use
- Commercial
Current Use Comments
- Rare Society Restaurant
Laundry Features
- See Remarks
Parcel Number
- 05811136
Postalcodeplus4
- 5537
Property Type
- Office
Views
- 16
Water Source
- Public
Year Built
- 2023
Year Built Source
- Seller
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Mobile: 714.478.6676
- Fax: 714.975.9953
- salesbyxavier@gmail.com