412-414 Walnut Ave - Storefront FOR SALE


Huntington Beach, CA 92648
$4,840,000 USD
949-229-2273
412-414 Walnut Ave, Huntington Beach, CA for Sale
$4,840,000 USD
Storefront - FOR SALE
1/19
null | 4.75% Cap Rate

412-414 Walnut Ave
Huntington Beach, CA 92648


HIGHLIGHTS

  • Minimal Management
  • Historically Significant and Irreplaceable Location
  • Dense Population & Affluent Demographics
  • Pride of Ownership
  • High Walk Score of 86
  • Rooftop Access

OVERVIEW

Minimal Management – Absolute NNN Leases Historically Significant and Irreplaceable Location – Unique opportunity to purchase a mixed-use asset near the major thoroughfare of Main Street and Pacific Coast Highway Dense Population & Affluent Demographics – Over 269,000 people reside within a 5-mile radius of the subject property having an average household income equal to over $159,000 per year Pride of Ownership – Pride of ownership asset in one of the premier recreational areas in California. The city is widely known for its beaches, popular surf spots and quaint neighborhoods filled with hometown appeal High Walk Score of 86 – Walking distance to the Huntington Beach boardwalk and other downtown retailers, restaurants and Pacific City Coastal Luxury Hotels – The Waterfront Beach Resort by Hilton, Paséa Hotel & Spa, Hyatt Huntington Beach Regency, and Kimpton Shore-break Resort Huntington Beach is Home to Events such as – US Open of Surfing - 800,000+ in Attendance, The Great Pacific Airshow - 2,000,000+ in Attendance and AVP Men & Women’s Pro Volleyball - Since 2000 Traffic Counts – Traffic counts on Pacific Coast Hwy, approximately 1 block from the subject property equal to over 37,000 vehicles-per-day Rooftop Access – Available from the upper office space unity

FOR SALE DETAILS

PRICE

$4,840,000 USD

PRICE/SF

$1,098 USD /SF

CAP RATE

4.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

SP, Huntington Beach

APN/PARCEL ID

024-147-09

ASK ABOUT THIS PROPERTY

Nathan HolthouserCoastal Commercial Inc.More Info
949-229-2273

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Nathan HolthouserCoastal Commercial Inc.More Info
949-229-2273

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