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INVESTMENT HIGHLIGHTS
- Retail investment near entrance to Oceano Dunes
EXECUTIVE SUMMARY
An exceptional chance to own a premier retail property on Pier Avenue, one of two entrances to the Oceano Dunes State Vehicular Recreation Area which sees between 1.5 and 2 million visitors annually. Located just a half block from the beach this is a leased investment opportunity with a successful retail business ready to sign a new long term lease. The property features excellent street front visibility and a strategic location near the entrance to Oceano Dunes — ideal for capturing both local and visitor spending. With it’s beach-town character, dynamic seasonal demand and value-add potential, this property provides a rare opportunity to own a leased asset near Oceano Dunes. Don’t miss the chance to secure this well-positioned commercial offering along the Central Coast.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
1,000 SF
Building Class
C
Year Built
1977
Price
$839,128 CAD
Price Per SF
$839.13 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.36
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
CR - CR - Commercial Retail
Frontage
31’ on Peir Ave
PROPERTY TAXES
| Parcel Number | 061-012-013 | Improvements Assessment | $271,655 CAD |
| Land Assessment | $175,775 CAD | Total Assessment | $447,430 CAD |
PROPERTY TAXES
Parcel Number
061-012-013
Land Assessment
$175,775 CAD
Improvements Assessment
$271,655 CAD
Total Assessment
$447,430 CAD
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368 Pier Ave
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