Description
Well-located commercial center across the street from the Botanical Gardens, with ample off-street parking. Two buildings are fully rented, with multiple long-tenured tenants, and a third building is vacant and ready for buyer or new tenant. Includes one residential 2bd/1.5bth apartment. Property is comprised of the entire island between Old Coast Highway and Highway One, with ample acreage for further development. Current gross rents: $62,640. Projected gross rents at full capacity: $80,640. Current property management willing to continue with new buyer.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Well-located commercial center across the street from the Botanical Gardens, with ample off-street parking. Two buildings are fully rented, with multiple long-tenured tenants, and a third building is vacant and ready for buyer or new tenant. Includes one residential 2bd/1.5bth apartment. Property is comprised of the entire island between Old Coast Highway and Highway One, with ample acreage for further development. Current gross rents: $62,640. Projected gross rents at full capacity: $80,640. Current property management willing to continue with new buyer.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-10T18:31:09.567. 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 Mainstreet Realtors®. Licensed in the State of California, USA.