Overview
- Commercial Sale
- 1955
Description
Exceptional Investment Opportunity in San Clemente!
101 Avenida Serra and 102 Avenida Cabrillo—two prime legal parcels in the heart of San Clemente’s vibrant downtown. This fully-leased gem offers a solid 10-year NNN lease with a popular canteen and a 6-year NNN lease with a popular hotel, ensuring stable and reliable income.
With a robust estimated Net Operating Income of $288,000, this property not only boasts 10 dedicated parking stalls but also benefits from its strategic Mixed Use 3.1 (MU3.1) zoning, providing a range of future development possibilities.
Seize this opportunity to invest in a thriving location with established, high-quality tenants. Perfectly positioned for continued growth and profitability—101 Avenida Serra and 102 Avenida Cabrillo represent a unique and valuable addition to any investment portfolio.
Address
Open on Google Maps- Address 102 Avenida Cabrillo
- City San Clemente
- State/county CA
- Zip/Postal Code 92672
- Area SC - San Clemente Central
- Country United States
Details
Updated on September 24, 2024 at 6:42 am- Property ID: SGR-33979462
- Price: $6,000,000
- Land Area: 7820.00 m²
- Year Built: 1955
- Property Type: Commercial Sale
- Property Status: For Sale
- Living Area: 7200.00
- MLS#: OC24193269
- Office Name: CENTURY 21 AFFILIATED
- Agent Name: DJ Yeilding
- MLS Status: Active
- Living Area Prefix: Sqft
- Co-Office Name: CENTURY 21 Affiliated
- Co-Agent Name: Dan Yeilding
- Agent State License: 01384625
- Co-Agent State License: 00559105
- IDX Contact Info: 9493700382
Additional details
- County: Orange
- Property SubType: Mixed Use
- Water Source: Public
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