Huntington Beach, CA 92648,410 Main ST
Huntington Beach, CA 92648,410 Main ST
Huntington Beach, CA 92648,410 Main ST
9
$5,555,900
$5,625,000
1.2%
Est.Price: ?

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6,850 SqFt

410 Main ST Huntington Beach, CA 92648

Est. payment /mo
SOLD DATE : 05/07/2021

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Key Details

Sold Price $5,555,900

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 6,850 sqft

Price per Sqft $811

MLS Listing ID PW20125570

Sold Date 05/07/21

HOA Y/N No

Year Built 1945

Annual Tax Amount $2,624

Tax Year 2019

Lot Size 0.470 Acres

Acres 0.47

Property Sub-Type Mixed Use

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.

Location

State CA

County Orange

Area 15 - West Huntington Beach

Zoning COM-NEC

Interior

Heating Central

Cooling Central Air, Zoned, Gas

Laundry None

Exterior

Fence None

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Roof Type Flat

Building

Lot Description Corner Lot, Level with Street, Lot 20000-39999 Sqft, Flag Lot, Rectangular Lot, Level, Near Public Transit, No Landscaping, Paved

Story 2

Water Public

Others

Acceptable Financing None

Listing Terms None

Financing None

Special Listing Condition Standard, Trust

Lease Land No

Confidential INFO

BAC 2.5

TERMS Cash,Cash To New Loan,Conventional,Submit,Trust Conveyance,Trust Deed

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

SHOW CONTACT TYPE Agent

SHOW CONTACT NAME Steven Wilcoxon

SHOW CONTACT PH 714-343-6157

SHOW INSTRUCTIONS Do not disturb tenant. Call Steven for appointment and information 714-343-6157 or email calreo@verizon.net. Please allow at least 48 hours for viewing. Call for lease agreement and permits if needed.

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CRMLS Plus
Listed by Steven Wilcoxon R.E. Broker
Bought with CBRE
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agent

Mark Witte

Agent | License ID: 02102425

+1(949) 269-7270

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