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Listed by DJ Yeilding • CENTURY 21 Affiliated
$ 5,500,000
Est. payment | /mo
$ 5,500,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC-24193269
Year Built 1955
Property Sub-Type Mixed Use
Property Description
Exceptional Investment Opportunity in San Clemente! 101 Avenida Serra and 102 Avenida Cabrillo--two prime legal parcels in the heart of San Clemente's vibrant downtown. This fully-leased gem offers a solid 10-year NNN lease with a popular canteen and a 6-year NNN lease with a popular hotel, ensuring stable and reliable income. With a robust estimated Net Operating Income of $288,000, this property not only boasts 10 dedicated parking stalls but also benefits from its strategic Mixed Use 3.1 (MU3.1) zoning, providing a range of future development possibilities. Seize this opportunity to invest in a thriving location with established, high-quality tenants. Perfectly positioned for continued growth and profitability--101 Avenida Serra and 102 Avenida Cabrillo represent a unique and valuable addition to any investment portfolio.
Location
State CA
County Orange
Area Sc - San Clemente Central
Interior
Laundry None
Building
Lot Description Paved
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Darren Humphrey
REALTOR®/ Shareholder | Lic# DRE 01724424