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    410 Main Street

    Huntington Beach, CA 92648
    • $5,625,000
    • STATUS: Active
    • ON SITE: 147 days
    • ID#: PW20125570
    Price Reduced
    $5,625,000
    • 0
      BEDS
    • 0.47
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,850
      SQFT
    • $821
      $/SQFT
    Type:
    Commercial
    Built:
    1945
    County:

    School Ratings & Info

    Description

    Last large parcel located 3-blocks from the beach and adjacent to Huntington Beach Main Street Promenade with over 20,000 square feet of lot for future development. Existing structure was extensively renovated and retrofitted between 1991 and 2014 and brought to current code standard. At top of Promenade at corner of Main Street and Orange--2 busy through streets. Very large parking area with 28 spaces. Has been considered for all Main Street mixed uses from Condos to Clubs. Current long term tenant made significant capital improvements to the structure. Current lease ends in 2024 with 2 five year options to extend to 2029 and to 2034 with adjusted rent increases. Master Tenant sub-lease to Hair Salon. Very secure cash flow NNN investment with huge potential for appreciation and future development with minimal management needed by owner. See agent confidential remarks for rent adjustment schedule. Offering includes 3 contiguous parcels, end of block 024-134-06/07/08, with all structures and improvements: 2 retail stores and large parking lot. Multiple mixed uses possible for future development, residential or commercial.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-12-03T00:29:24.107. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor. Licensed in the State of California, USA.

    www.sellinglasouthbay.com/homes/107641985
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    410 Main Street Huntington Beach, CA 92648

    • Price: $5,625,000
    • Status: Active
    • ID#: PW20125570
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.47
    Acres
    6,850
    SQFT
    $821
    $/SQFT
    1945
    Built
    Neighborhood:
    15 - West Huntington Beach
    County:
    Orange
    Area:
    15 - West Huntington Beach
    Property Description
    Last large parcel located 3-blocks from the beach and adjacent to Huntington Beach Main Street Promenade with over 20,000 square feet of lot for future development. Existing structure was extensively renovated and retrofitted between 1991 and 2014 and brought to current code standard. At top of Promenade at corner of Main Street and Orange--2 busy through streets. Very large parking area with 28 spaces. Has been considered for all Main Street mixed uses from Condos to Clubs. Current long term tenant made significant capital improvements to the structure. Current lease ends in 2024 with 2 five year options to extend to 2029 and to 2034 with adjusted rent increases. Master Tenant sub-lease to Hair Salon. Very secure cash flow NNN investment with huge potential for appreciation and future development with minimal management needed by owner. See agent confidential remarks for rent adjustment schedule. Offering includes 3 contiguous parcels, end of block 024-134-06/07/08, with all structures and improvements: 2 retail stores and large parking lot. Multiple mixed uses possible for future development, residential or commercial.
    Exterior Features

    Construction Materials BrickConcreteDrywall WallsDucts Professionally Air-SealedStucco Entry Level 1 Fence YN No Fencing None Lot Features Corner LotLevel With StreetLot 20000-39999 SqftFlag LotRectangular LotLevelNear Public TransitNo LandscapingPaved Lot Size Dimensions 175 X 117 Lot Size Source Assessor Lot Size Units Square Feet Parking Total 28.00 Roof Flat Topography Level Uncovered Spaces 28.00

    Interior Features

    Condo Area Units Square Feet Cooling Central AirZonedGas Cooling YN Yes Heating Central Heating YN Yes Laundry Features None Office Class B

    Property Features

    Accounting Type Proforma Additional Parcels Description 02413406/08 Additional Parcels YN Yes Asset Class Hotel/MotelLand/UnimprovedMulti-FamilyOfficeRetailSpecialty Building Area Units Square Feet Building Name Jax Bicycles Building Status Existing Business Type AccountingAdministrative And SupportArts And EntertainmentAthleticAuto DealerBar/Tavern/LoungeBarber/BeautyBuild To SuitClothingCommercialCondominiumConvenience StoreDecoratorDeli/CateringDrugstoreElectronicsFast FoodFitnessFood & BeverageFranchiseHospitalityLiquor StoreMixedParkingPizzaProfessional ServiceProfessional/OfficeReal EstateRentalRestaurantRetailSporting GoodsStand-AloneStrip Mall Country Us Current Financing None Current Use Comments Retail Bicycle Shop Effective Gross 204000 Electric 220 Volts Gross Scheduled Income 204000.00 Investment Property YN Yes Land Lease YN No Land Use OfficeOtherRetail Laundry YN No Leasable Area Units Square Feet Lease Considered YN No Lot Dimensions Source Assessor Max Total Area Units Square Feet Min Total Area Units Square Feet Number Of Units Leased 1 Occupancy Occupied Other Income1 0.00 Property Sub Type Mixed Use Retail Center Type Mixed Use Retail Square Footage 6850 Special Listing Conditions StandardTrust Tax Annual Amount 2624.00 Tax Year 2019 Total Building NRA 6850 Total Monthly Rent 17000 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Vacancy Allowance 0 Vacancy Allowance Rate 0.00 Water Source Public Year Built Source Assessor Zoning Com-Nec

    Listing provided courtesy of Steven Wilcoxon of Steven Wilcoxon R.E. Broker


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-12-03T00:29:24.107. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor. Licensed in the State of California, USA.

     
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    Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor
    28901 S. Western Avenue #139
    Rancho Palos Verdes CA, 90731