102 Avenida Cabrillo
San Clemente, California

San Clemente, California

Listed By CENTURY 21 Affiliated

The Commercial Property for Sale located at San Clemente, California is currently for sale. San Clemente, California is listed for $6,000,000. If the property located at San Clemente, California isn't what you're looking for, visit https://www.century21global.com to see other Commercial Properties for Sale in San Clemente .

Date Updated : Jan 9, 2025

MLS#: OC24193269

$6,000,000 USD

The details

Property features

Construction details

  • Year built: 1955

Description

Exceptional Investment Opportunity in San Clemente! 101 Avenida Serra and 102 Avenida Cabrillo—two prime legal parcels in the heart of San Clemente's vibrant downtown. This fully-leased gem offers a solid 10-year NNN lease with a popular canteen and a 6-year NNN lease with a popular hotel, ensuring stable and reliable income. With a robust estimated Net Operating Income of $288,000, this property not only boasts 10 dedicated parking stalls but also benefits from its strategic Mixed Use 3.1 (MU3.1) zoning, providing a range of future development possibilities. Seize this opportunity to invest in a thriving location with established, high-quality tenants. Perfectly positioned for continued growth and profitability—101 Avenida Serra and 102 Avenida Cabrillo represent a unique and valuable addition to any investment portfolio.

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Location

San Clemente, California
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