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34590454
34590731

775 Main Street, Cambria, CA 93428 For Sale

Ciano Real Estate
Listed by Ciano Real Estate
$1,695,000
2 days on market
Updated 2 days ago

Artifacts Gallery

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 5,500
Units 5
Tenancy Vacant
Pro-Forma Cap Rate 6.00%
Pro-Forma NOI $102,482
Year Built 1989
Stories 2
Lot Size (SqFt) 4,500
Parking Spaces 5 spaces
Parking per 1,000 SqFt 0.91
Ground Lease No
Sale Condition 1031 exchange

Prominent commercial buildings in Cambria’s historic Main Street district.

Marketing description

A rare opportunity to acquire one of the newest and most prominent commercial buildings in Cambria's historic Main Street district. Ideally situated in the heart of the highly walkable West Village, this landmark property enjoys exceptional visibility within one of California's most charming coastal communities. The property encompasses approximately 5,500 square feet, spanning six APNs and five separate condo units, offering exceptional flexibility for investors, owner-users, or those seeking a multi-tenant investment. A significant feature of the property is its 2.15 EDUs of water capacity, providing a meaningful advantage in a community with limited water allocations. Currently configured as expansive gallery and office suites, the flexible floor plans may offer opportunities for reconfiguration to maximize tenancy options, with buyers encouraged to explore potential uses through County Planning. The business is not included in the sale; however, the current occupant may consider a short-term leaseback, providing potential income while allowing a new owner time to evaluate future plans. The West Village is renowned for its vibrant arts scene, independent boutiques, antique shops, specialty retailers, and inviting coastal eateries. Stretching approximately 1.5 miles through the town's commercial core, the area is celebrated for its eclectic character, locally owned businesses, and absence of chain stores, creating a distinctive destination that attracts visitors year-round. Combining modern construction, flexible commercial spaces, valuable water allocations, and a premier Main Street location, this landmark property represents a rare opportunity to own a significant investment asset in the heart of Cambria's thriving West Village.

Investment highlights

Prime location, Downtown, Art Gallery

Listing Contacts

Ciano Real Estate
Listed by Ciano Real Estate

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