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!
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!
Property Details
Price:
$1,999,000
MLS #:
NS24197475
Status:
Active
Baths:
0
Address:
2380 Main Street
Type:
Commercial
Subtype:
Retail
Neighborhood:
cambcambria
City:
Cambria
Listed Date:
Sep 19, 2024
State:
CA
ZIP:
93428
Year Built:
1978
See this Listing
Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…
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Schools
Interior
Cooling
None
Heating
Forced Air
Exterior
Parking Spots
24.00
Security Features
Fire Sprinkler System
Stories Total
1
Water Source
Public
Financial
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Map
Community
- Address2380 Main Street Cambria CA
- AreaCAMB – Cambria
- CityCambria
- CountySan Luis Obispo
- Zip Code93428
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Courtesy of Platinum Properties. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Outland and Associates Real Estate include the name of the listing broker. Neither the listing company nor Outland and Associates Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.2380 Main Street
Cambria, CA
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