402 Main Street, Huntington Beach, CA 92648

List Price
Price Change
▼ $344,600 1606711425
Lot Size
Lot Location
Corner Lot, Level with Street, Lot 20000-39999 Sqft, Rectangular Lot, Near Public Transit, Paved, Utilities - Overhead, Walkstreet
Days on Market
Property Type
Builders Tract Code
Downtown Area (DOWN)
Downtown Area (Down)

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 land future development, residential or commercial.

Additional Information

Tract Number
Lot Description
Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Urban
Public Sewer

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

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