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Daimon Restaurant 16232 Pacific Coast Hwy 3,121 SF Retail Building Huntington Beach, CA 92649 $2,791,684 CAD ($894.48 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 |
$244,286
|
$78.27
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$244,286
|
$78.27
|
| Taxes |
$38,673
|
$12.39
|
| Operating Expenses |
$33,677
|
$10.79
|
| Total Expenses |
$72,349
|
$23.18
|
| Net Operating Income |
$171,937
|
$55.09
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $244,286 |
| Annual Per SF | $78.27 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $244,286 |
| Annual Per SF | $78.27 |
| Taxes (CAD) | |
|---|---|
| Annual | $38,673 |
| Annual Per SF | $12.39 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $33,677 |
| Annual Per SF | $10.79 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $72,349 |
| Annual Per SF | $23.18 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $171,937 |
| Annual Per SF | $55.09 |
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
$2,791,684 CAD
Price Per SF
$894.48 CAD
Cap Rate
6.16%
NOI
$171,937 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 | $2,701,153 CAD (2025) |
| Land Assessment | $2,392,453 CAD (2025) | Annual Taxes | $38,673 CAD ($12.39 CAD/SF) |
| Improvements Assessment | $308,700 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
178-581-21
Land Assessment
$2,392,453 CAD (2025)
Improvements Assessment
$308,700 CAD (2025)
Total Assessment
$2,701,153 CAD (2025)
Annual Taxes
$38,673 CAD ($12.39 CAD/SF)
Tax Year
2024
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Daimon Restaurant | 16232 Pacific Coast Hwy
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