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Daimon Restaurant 16232 Pacific Coast Hwy 3,121 SF Retail Building Huntington Beach, CA 92649 $2,779,824 CAD ($890.68 CAD/SF) 6.16% Cap Rate
INVESTMENT HIGHLIGHTS
- On PCH . Stand alone building .
EXECUTIVE SUMMARY
Motivated seller, Must buy all cash. Stand alone building on Pacific Coast Highway (PCH) one block from the ocean in Huntington Beach , very near Seal Beach . Tourists and locals frequent this location .City approves you to Change to your own concept. Has Full liquor license and it is transferable separately . The Net operating income of $123,171 is after paying the property tax $27,704 and Insurance $14,125 and maintenance of $10,000 (NNN) . So the current Gross operating income was $175,000 . The restaurant is now closed . So you are buying the building and you can have all of the restaurant equipment and furniture .The brochure is not updated .
https://viewer.threshold360.com/?thresholdId=7703900-196281816&preset=share
https://viewer.threshold360.com/?thresholdId=7703900-196281816&preset=share
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$243,248
|
$77.94
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$243,248
|
$77.94
|
| Taxes |
$38,508
|
$12.34
|
| Operating Expenses |
$33,534
|
$10.74
|
| Total Expenses |
$72,042
|
$23.08
|
| Net Operating Income |
$171,206
|
$54.86
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $243,248 |
| Annual Per SF | $77.94 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $243,248 |
| Annual Per SF | $77.94 |
| Taxes (CAD) | |
|---|---|
| Annual | $38,508 |
| Annual Per SF | $12.34 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $33,534 |
| Annual Per SF | $10.74 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $72,042 |
| Annual Per SF | $23.08 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $171,206 |
| Annual Per SF | $54.86 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Distress Sale
Property Type
Retail
Property Subtype
Building Size
3,121 SF
Building Class
C
Year Built/Renovated
1960/2020
Price
$2,779,824 CAD
Price Per SF
$890.68 CAD
Cap Rate
6.16%
NOI
$171,206 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.28 AC
Zoning
CV-CZ - CV is Commercial Visitor Zoning and CZ is Coastal Zoning .
Parking
15 Spaces (4.81 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bus Line
- Restaurant
- Security System
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Recessed Lighting
- Monument Signage
- Air Conditioning
- Smoke Detector
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 178-581-21 | Total Assessment | $2,663,163 CAD (2025) |
| Land Assessment | $2,358,804 CAD (2025) | Annual Taxes | $38,508 CAD ($12.34 CAD/SF) |
| Improvements Assessment | $304,359 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
178-581-21
Land Assessment
$2,358,804 CAD (2025)
Improvements Assessment
$304,359 CAD (2025)
Total Assessment
$2,663,163 CAD (2025)
Annual Taxes
$38,508 CAD ($12.34 CAD/SF)
Tax Year
2024
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Daimon Restaurant | 16232 Pacific Coast Hwy
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