Active

2380 Main Street

Cambria CA, 93428

$1,999,000


$308.82 per sqft

Active

6,473 sqft

Commercial

Built in 1978

Listed by Heather Roda with Platinum Properties 805-610-9270

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!

NS24197475

MLS ID

October 4, 2024

Listed

October 18, 2024

Updated

Map

2380 Main Street
Cambria CA, 93428

Interior Features

Total Stories

1


Laundry Description

None


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.74 Acres


Lot Features

6-10 Units/Acre

Other Property Details

Area Name

CAMB - Cambria


Days on Market

13


Garage

No


Parking Total

24


View

No


County

San Luis Obispo


Water Source

Public


Pool

No

Listing Contact: 805-226-4204 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/18/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/18/2024 at 12:53 PM UTC

 

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