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29432651
29432652

34294 Pacific Coast Hwy, Dana Point, CA 92629

JL
CA CA 01248258
Cushman & Wakefield - Irvine Orange County, California
Listed by Cushman & Wakefield - Irvine Orange County, California
$4,950,000
132 days on market
Updated 67 days ago

Prime PCH Owner/User Restaurant Opportunity in Dana Point

Details
APN 682-163-06
Property Type Retail
Sub Type Restaurant
Square Footage 1,726
Net Rentable (SqFt) 1,726
Occupancy 100%
Tenancy Single
Price per SqFt $2,868
Year Built 1940
Acreage 0.310
Parking Spaces 12 spaces
Parking Per SqFt 6.95
Investment Type Owner/User

IDEAL FOR OWNER-OPERATORS SEEKING A FLAGSHIP COASTAL LOCATION

Marketing description

Cushman & Wakefield proudly presents The Rib Joint — a 1,726 square foot retail building, developed originally in 1940; an establishment well known to the Dana Point community. This highly recognizable asset is set within the heart of Dana Point, and is zoned C-CPC (Coastal Coulpet Commercial District), which was established to provide regulations which permit the development and maintenance to a wider variety of commercial retail uses. This prime owner-user opportunity is situated on the well-trafficked Pacific Coast Highway on a 0.31-acre site with its own 12-car parking lot.

Strategically located at the gateway to the recently revitalized Dana Point Harbor (30% complete as of August 2024), which has increased pedestrian connectivity and grand public spaces linking the community from the Headlands, all the way to Doheny State Beach.

Investment highlights

  • Located in the Commercial Core district enjoying retail, restaurants, whale watching, sportfishing and the Catalina Express.

  • Phase 1 and 2 of formal construction for the harbor-wide revitalization began March 1, 2024 with anticipated completion by Summer 2025, offering an opportunity to ride the wave of development opportunity.

Listing Contacts

JL
CA CA 01248258
Cushman & Wakefield - Irvine Orange County, California
Listed by Cushman & Wakefield - Irvine Orange County, California

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Additional Information

Name
Joseph Lising
License
CA 01248258
Brokerage
Cushman & Wakefield
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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