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2380 Main Street
Cambria, CA 93428
Heather Roda with Platinum Properties, original listing - (805) 226-4204

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Property Details


List Price: $1,999,000
Beds: --
Baths: --
Status: Active
SqFt: 6473 Square Feet
Agency: Platinum Properties
Agency Phone: (805) 226-4204

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Description/Comments


Lot Size: 0 sqft
Property Type: Commercial Sale-Other
Year Built: 1978
Notes: 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. <br /> <br /> 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.<br /> <br /> 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%. <br /> <br /> Call today to schedule your private tour or take your tour here: https://vid.us/bd5y2k
MlsNumber: --
ListingId: NS24197475


Listing Provided By: Platinum Properties, original listing
Phone: (805) 610-9270
Office Phone: (805) 226-4204
Agent Name: Heather Roda
Disclaimer: Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


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