2380 Main St - Restaurant FOR SALE


Cambria, CA 93428
$1,950,000 USD
805-610-9270
2380 Main St, Cambria, CA for Sale
$1,950,000 USD
Restaurant - FOR SALE
1/70
null | 5.01% Cap Rate

2380 Main St
Cambria, CA 93428


HIGHLIGHTS

  • Situated in the heart of Cambria!
  • Stable, long-term investment
  • Fully occupied commercial property
  • Cap rate of 4.9%!
  • 1.4 miles from Highway 1!

OVERVIEW

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%. Call today to schedule your private tour or take your tour here: https://vid.us/bd5y2k

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$301 USD /SF

CAP RATE

5.01%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.74 AC

LAND SF

32,234 SF

ZONING

CR

APN/PARCEL ID

013-242-001

ASK ABOUT THIS PROPERTY

Heather RodaPlatinum PropertiesMore Info
805-610-9270

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Heather RodaPlatinum PropertiesMore Info
805-610-9270

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.