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32227811
32227810

951 Seacoast Drive, Imperial Beach, CA 91932

BR
CA CA 01170320, NV S.0198735
Marcus & Millichap - San Diego
BN
CA 02290473
Listed by Marcus & Millichap - San Diego
$8,500,000
36 days on market
Updated 21 days ago

951 Seacoast Drive, Imperial Beach, CA, 91932

Details
Property Type Retail
Sub Type Restaurant, Bar (+1)
Square Footage 10,794
Tenancy Multi
Pro-Forma Cap Rate 7.50%
Pro-Forma NOI $637,900
Price per SqFt $787
Acreage 0.430
Investment Type Value Add
Ground Lease No

BEACH FRONT SAN DIEGO! | Restaurant - Retail - Events Venue | 400K Annual Visitors

Investment highlights

COASTAL BEACHFRONT LOCATION – Newly built, three-story property featuring a stunning rooftop and open-air spaces with sweeping ocean views and breathtaking sunsets. Directly on Seacoast Drive feet away from the Imperial Beach Pier and Portwood Pier Plaza. Rooftop and waterfront exposure with sweeping Pacific sunsets, ideal for events, dining, and premium hospitality experiences

VISITOR DESTINATION – Supports consistent beach traffic and year-round local tourism with over 400,000 annual visitors to its shoreline.

HIGH RESTAURANT VISITOR TRAFFIC – Nearby restaurants such as Tin Fish and The Brigantine welcomed up to 65,000 visitors last year, driven by beachfront tourism and local dining demand

VALUE-ADD POTENTIAL – Lease-up potential with flexible space allowing tenants to customize interiors and rooftop details to their specifications

STRONG LOCAL & REGIONAL DEMOGRAPHICS – ~25,500 residents with median household income of ~$148K, plus 400,000+ annual beach visitors driving restaurant and event demand

Listing Contacts

BR
CA CA 01170320, NV S.0198735
Marcus & Millichap - San Diego
BN
CA 02290473
Listed by Marcus & Millichap - San Diego

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Additional Information

Name
Tony Solomon
License
CA 1238010
Title
Broker of Record
Name
Bill Rose
License
CA 01170320
Brokerage
Marcus & Millichap
Brokerage Phone
760-402-3484
Title
Broker
Name
Barbara Nelson
License
02290473
Brokerage
Marcus & Millichap
Brokerage Phone
8583964358
Title
Associate Investments
Brokerage Address
12544 High Bluff Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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