Listed by Marcus & Millichap - Los Angeles
$2,350,000
1925 S El Camino Real
Details
APN 690-401-38
Property Type Retail
Sub Type Restaurant, Commercial
Square Footage 2,534
Units 1
Tenancy Vacant
Pro-Forma Cap Rate 6.47%
Pro-Forma NOI $152,040
Price per SqFt $927
Year Built 1980
Buildings 1
Stories 1
Lot Size (SqFt) 8,980
Zoning NC1.3
Parking Spaces 8 spaces
Parking Per SqFt 3.16
Ownership Fee Simple
Retail | 2,534 SqFt
Marketing description
The azzi group of marcus and millichap is pleased to present the opportunity to acquire 1925 s el camino real, a retail investment opportunity located in the highly desirable 92672 zipcode of san clemente.
Investment highlights
- Turnkey restaurant & bar opportunity: formerly operated as pure burger bar, the property features a fully fixturized restaurant including commercial kitchen infrastructure, dining area, and bar setup designed to accommodate beer, wine, and cocktail service. The approximately 2,500 sf footprint provides an efficient size for restaurant operations while maintaining manageable occupancy costs relative to larger restaurant spaces, allowing a new operator to open with minimal capital investment and reduced build-out time.
- Prime corner location on el camino real: positioned on a highly visible corner along south el camino real, one of san clemente's primary commercial corridors, the property benefits from strong daily traffic counts, excellent street frontage, and convenient accessibility.
- Flexible commercial zoning with redevelopment potential: zoned neighborhood commercial (nc1.3) allowing up to 45 feet in height and three stories, the property offers long-term redevelopment potential for retail, restaurant, or mixed-use projects.
- Housing overlay providing future development optionality: the property is located within the city of san clemente's housing overlay, which allows qualifying affordable housing projects at approximately 24 units per acre, creating additional redevelopment potential.
- Premier coastal orange county location: san clemente is one of southern california's most desirable coastal communities, benefiting from strong demographics, tourism demand, and limited availability of freestanding commercial properties.
Listing Contacts
Listed by Marcus & Millichap - Los Angeles
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