About This Restaurant
Investment Highlights
Located on high traffic on way street Flexible space on two units. Steps to the beach and beach traffic
Executive Summary
The address says it all... Prime location right on the main one way entrance to the vibrant Oceanside downtown. One long term tenant (Ignite coffee) and two spaces with a total of $2,322 Square Feet on month to month at close to market rent for use. Parking in rear of building with street parking at curbside. Separate gas and power meters in place for each unit. Fresh bathrooms (three) in each unit. Broker is principal.
Property Details
- Sale Type Investment or Owner User
- Property Type Retail
- Property Subtype Storefront Storefront Flex Showroom General Retail Restaurant General Retail Storefront Retail/Office Storefront
- Building Size 3,700
- Building Class C
- Year Built 1940
- Price 2,220,000
- Price Per SF 600
- Cap Rate 3.08
- NOI 68,276
- Percent Leased 37
- Tenancy Multiple
- Building Height 1 Story
- Building FAR 0.50
- Land Acres 0.17 AC
Amenities
- Signage
Nearby Amenities & Transportation
| Retail | Burgerim | ||
| Retail | Bank of America | ||
| Retail | Mission Federal Credit Union | ||
| Retail | Chase Bank | ||
| Retail | Panda Express | ||
| Retail | Walmart Neighborhood Market | ||
| Retail | Beach Hut Deli | ||
| Retail | Starbucks | ||
| Retail | Alberto's Mexican Food | ||
| Retail | Grocery Outlet |
Property Taxes
| Parcel Number | 147-281-06 | Improvements Assessment | $725,086 (2023) |
| Land Assessment | $1,059,740 (2023) | Total Assessment | $(1) (0.00/SF) |
| Date Created: | 2024-07-16 04:09:25 | Last Updated: | 2024-07-16 04:09:25 |
| Address: | 605-607 Mission Ave , Oceanside, California, 92054 | ||