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Daimon Restaurant 16232 Pacific Coast Hwy

3,121 SF Retail Building Huntington Beach, CA 92649 £2,764,245 (£886/SF) 5% Net Initial Yield

Executive Summary

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 or buy the existing restaurant for $349,000 . Has Full liquor license and it is transferable . Please do not talk to the staff and neighbors about the sale , it is confidential.
https://viewer.threshold360.com/?thresholdId=7703900-196281816&preset=share

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,121 SF
Building Class
C
Year Built/Renovated
1960/2020
Price
£2,764,245
Price Per SF
£886
Net Initial Yield
5%
NOI
£138,252
Tenancy
Single
Number of Floors
1
Building FAR
0.26
Land Acres
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 Route
  • Restaurant
  • Security System
  • Signage
  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Recessed Lighting
  • Monument Signage
  • Air Conditioning
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
178-581-21
Land Assessment
£1,287,184
Improvements Assessment
£166,088
Total Assessment
£1,453,272
  • Listing ID: 33243221

  • Date on Market: 20/09/2024

  • Last Updated:

  • Address: 16232 Pacific Coast Hwy, Huntington Beach, CA 92649

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