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412-414 Walnut Ave 4 408 pi² 100% Loué Commerce de détail Immeuble Huntington Beach, CA 92648 6 429 310 $ CAD (1 458,55 $ CAD/pi²) 4,85% Taux de capitalisation
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Résumé de l'annonce
Coastal Commercial is pleased to offer for sale 412–414 Walnut Avenue, a historically significant and irreplaceable asset located in the City of Huntington Beach. The property consists of a 4,408 square foot, two-story building situated on a 3,520 square foot lot in a premier coastal location just one block from the iconic Huntington Beach Pier and the Pacific Ocean.
The 2,568 square foot ground floor is currently leased to 25 Degrees, a well-established tenant paying $155,290 annually on a NNN basis, with 3% annual rent increases. The lease extends through October 31, 2035, providing stable, long-term income. The 1,840 square foot second-floor office is occupied by Capital Investment Network, Inc., owned and operated by the Seller. Upon closing, the seller will execute a new two-year NNN lease at $77,280 annually, ensuring additional in-place income.
Originally constructed in the late 1920s by a local physician, this two-story brick building carries a rich and storied history. The property initially featured two ground-floor retail spaces with professional offices above and, for a period, served as the Justice of the Peace and courthouse for the area. Over the decades, it has been home to a variety of notable local businesses, including McIntosh Electric (circa 1927), HB Auto Supply (1933), Stella’s Coffee Shop in the late 1930s, and P&W Café in the 1940s. In
1976, its longest-standing tenant, Mazzotti’s, consolidated the ground floor into a single space.
More than just a premier coastal investment, 412–414 Walnut Avenue represents a rare opportunity to acquire a legacy asset with deep historical roots in one of Southern California’s most desirable beachfront communities. Comprehensive historical documentation is available upon request.
The 2,568 square foot ground floor is currently leased to 25 Degrees, a well-established tenant paying $155,290 annually on a NNN basis, with 3% annual rent increases. The lease extends through October 31, 2035, providing stable, long-term income. The 1,840 square foot second-floor office is occupied by Capital Investment Network, Inc., owned and operated by the Seller. Upon closing, the seller will execute a new two-year NNN lease at $77,280 annually, ensuring additional in-place income.
Originally constructed in the late 1920s by a local physician, this two-story brick building carries a rich and storied history. The property initially featured two ground-floor retail spaces with professional offices above and, for a period, served as the Justice of the Peace and courthouse for the area. Over the decades, it has been home to a variety of notable local businesses, including McIntosh Electric (circa 1927), HB Auto Supply (1933), Stella’s Coffee Shop in the late 1930s, and P&W Café in the 1940s. In
1976, its longest-standing tenant, Mazzotti’s, consolidated the ground floor into a single space.
More than just a premier coastal investment, 412–414 Walnut Avenue represents a rare opportunity to acquire a legacy asset with deep historical roots in one of Southern California’s most desirable beachfront communities. Comprehensive historical documentation is available upon request.
Faits sur la propriété
Type de vente
Investissement pour loyer hypernet
Condition de vente
Cession-bail
Type de propriété
Commerce de détail
Sous-type de propriété
Boutique
Taille du bâtiment
4 408 pi²
Classe d’immeuble
C
Année de construction
1926
Prix
6 429 310 $ CAD
Prix par pi²
1 458,55 $ CAD
Taux de capitalisation
4,85%
Revenu net d’exploitation
311 822 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
2 étages
Dalle à dalle
12’
Coefficient d’occupation des sols de l’immeuble
1,26
Taille du lot
0,08 AC
Zonage
SP, Huntington Beach
Façade
44’ sur Walnut Ave
Moyennement praticable à pied
70/100
Moyennement facile d’accès en voiture
60/100
Transports en commun limités
30/100
Moyennement praticable en vélo
70/100
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | 024-147-09 | Évaluation des bâtiments | 1 100 623 $ CAD |
| Évaluation du terrain | 967 053 $ CAD | Évaluation totale | 2 067 676 $ CAD |
Impôts fonciers
Numéro de lot
024-147-09
Évaluation du terrain
967 053 $ CAD
Évaluation des bâtiments
1 100 623 $ CAD
Évaluation totale
2 067 676 $ CAD
Contacts
-
Nathan Holthouser -
Maggie Attashian -
Tram Church -
Rebecca Canalez -
Coastal Commercial Inc.
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Présenté par
412-414 Walnut Ave
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