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    410 Main Street

    Huntington Beach, CA 92648
    • $5,555,900
    • STATUS: Closed
    • ON SITE: 341 days
    • ID#: PW20125570
    Sold - 05/07/2021
    $5,555,900
    SOLD - 05/07/2021
    • 0
      BEDS
    • 0.47
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,850
      SQFT
    • $811
      $/SQFT
    Type:
    Commercial
    Built:
    1945
    County:

    School Ratings & Info

    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 future development, residential or commercial.

    Sold by Dan Powers of Cbre.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-06-15T09:58:24.133. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Alvarado Brothers | Ever Stewart Alvarado Broker. Licensed in the State of California, USA.
    www.thealvaradobrothers.com/homes/107641985
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    410 Main Street Huntington Beach, CA 92648

    • Price: $5,625,000
    • Status: Closed
    • Updated: 191 min ago
    • ID#: PW20125570
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.47
    Acres
    6,850
    SQFT
    $811
    $/SQFT
    1945
    Built
    Neighborhood:
    15 - West Huntington Beach
    County:
    Orange
    Area:
    15 - West Huntington Beach
    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 future development, residential or commercial.
    Exterior Features

    Construction Materials BrickDrywallDucts Professionally Air-SealedConcreteStucco Entry Level 1 Fencing None Lot Features Corner LotFlag LotNo LandscapingNear Public TransitPavedRectangular LotStreet LevelLevel Open Parking Spaces 28 Parking Total 28 Roof Flat Sign On Property YN No Topography Level

    Interior Features

    Cooling Central AirGasZoned Cooling YN Yes Heating Central Heating YN Yes

    Property Features

    Additional Parcels YN Yes Building Name Jax Bicycles Business Type AccountingAuto DealerArts And EntertainmentAdministrative And SupportBarber/BeautyBuild To SuitBar/Tavern/LoungeClothingCommercialCondominiumConvenience StoreDecoratorDeli/CateringDrugstoreElectronicsFood & BeverageFast FoodFranchiseFitnessHospitalityLiquor Store Buyer Financing Cash To New Loan Common Interest None Current Financing None Electric 220 Volts Gross Scheduled Income 204000 Land Lease YN No Laundry Features None Lease Considered YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventionalSubmitTrust ConveyanceTrust Deed Number Of Units Leased 1 Property Sub Type Mixed Use Special Listing Conditions StandardTrust Tax Annual Amount 2624 Tax Year 2019 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Vacancy Allowance 0 Vacancy Allowance Rate 0 Water Source Public Zoning Com-Nec

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


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-06-15T09:58:24.133. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Alvarado Brothers | Ever Stewart Alvarado Broker. Licensed in the State of California, USA.
     
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    1800 N Bristol St, Suite C135
    Santa Ana CA, 92706