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276 S Coast Hwy
Laguna Beach, CA 92651

$7,495,000 USD

General Retail For Sale  •  4,050 SF

Property Details

• Property Type General Retail
• Total Building Size 4,050 SF
• Lot Size 0.15 AC
• Building Class B
• Year Built 1948
• Tenancy Multiple
• Zoning CBDV

43 Transit Score

96 Walk Score

Highlights

Generational Opportunity – The Shops at Main Street is an iconoclastic downtown Laguna Beach investment opportunity with unsurpassed street frontage

Stable Cash Flow – Better Buzz just signed a brand new 10-year lease, Toes on the Nose operated this location as its flagship location for +25 years

Upside Opportunity – The Shops at Main Beach has one current vacancy for 660 SF (16% of the total GLA) and available for immediate lease

Robust NOI Growth – NOI should grow over $250,000 (141%) over the expected 10-year hold period

Pride of Ownership – Extremely desirable, street-front location with excellent visibility along PCH

Public Transportation

Airport	Drive	Walk	Distance
John Wayne/Orange County	22 min	-	15.0 mi
Long Beach (Daugherty Field)	45 min	-	35.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	7
Type:	Surface
Included in Rent:	Yes