- ±6,972-SF Multi-Tenant Retail Building Steps From the Pacific Ocean
- Asking Price of $4,950,000 ±$710/sf (4.4% cap rate, proforma cap of 6.2%)
- PCH frontage with a rare private parking lot providing 11 exclusive stalls
- Two retail tenants on 1st floor and US Postal Service on entire 2nd floor
- Owner user potential: 2,250 SF is MTM (±1/3rd of building)
- Laguna Beach regularly exceeds $600M in annual retail sales
- New ordinance allowing up to ±3,822-SF of residential on the 2nd floor
- Exceptionally high household incomes and robust consumer spending
