410 Main Street, Huntington Beach, CA 92648

$5,970,500
6,850
SqFt
List Price
$5,970,500
Price Change
▼ $979,500 1603500211
Status
ACTIVE
MLS#
PW20125570
Year Built
1945
Living Sq. Ft
6,850
Days on Market
108
Property Type
Commercial
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.

Additional Information

Heat
Central
Cooling
Yes
Cooling Description
Central Air, Zoned, Gas
Exterior Construction
Brick, Concrete, Drywall Walls, Ducts Professionally Air-Sealed, Stucco
Roof
Flat
Water
Public
Number Of Units Total
2
Gross Scheduled Income
$204,000

Mortgage Calculator

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Calculator source: Real Geeks

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

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.