Avalon, California Commercial Real Estate 1 Listing

Avalon, California: A Premier Destination for Commercial Real Estate

Introduction

Avalon, California, located on Catalina Island, presents unique opportunities in the commercial real estate (CRE) sector, despite its small size and remote location. With a population of approximately 4,000 residents, Avalon's economy is primarily driven by tourism, hospitality, and retail sectors, with niche opportunities in marine-related industries. Its coastal positioning and distinctive island environment offer compelling CRE prospects for investors and developers seeking to capitalize on its vibrant tourism industry and limited but strategic commercial spaces.

Economic and Industry Overview

Avalon's economic landscape is predominantly shaped by its tourism and hospitality industries, which drive demand for retail and hospitality properties. The city's unique geographic location as a resort destination makes it a hub for businesses catering to visitors, including hotels, restaurants, and retail shops.

Tourism & Hospitality: As the cornerstone of Avalon's economy, this sector creates substantial demand for commercial spaces, including hotels and retail outlets.
Marine & Recreation: Opportunities exist in marine services and recreational facilities, leveraging the city's coastal advantages.

For further information on Avalon's economic development initiatives, visit the Catalina Island Chamber of Commerce & Visitors Bureau.

Strategic Location and Transportation Infrastructure

Avalon’s strategic location on Catalina Island poses unique logistical challenges and advantages:

Transportation: Avalon is accessible via ferry services from mainland California, primarily from the cities of Long Beach, San Pedro, and Dana Point. Helicopter services also connect the island to the mainland.
Proximity to Markets: While remote, Avalon's proximity to the greater Los Angeles area positions it within reach of a large consumer base.

For transportation details, refer to the California Department of Transportation.

Commercial Real Estate Inventory & Zoning

Avalon's CRE market is characterized by limited but valuable submarkets:

Retail and Hospitality: Dominates the commercial landscape, with properties concentrated in the city’s central business district along Crescent Avenue.
Zoning: The city has specific zoning regulations to maintain its unique character and environmental sustainability. Developers can explore opportunities in designated commercial zones.

For zoning maps and parcel information, access the City of Avalon’s Planning Department.

Major Employers and Institutions

The primary employers in Avalon are within the tourism and public sectors:

Top Employers:
- Catalina Island Company
- Avalon School (part of Long Beach Unified School District)
- City of Avalon government offices

These institutions bolster demand for office spaces and retail locations. For a complete list, visit the Avalon Chamber of Commerce Business Directory.

Avalon, California Commercial Real Estate 1 Listing

Avalon, California: A Premier Destination for Commercial Real Estate

Introduction

Economic and Industry Overview

Strategic Location and Transportation Infrastructure

Commercial Real Estate Inventory & Zoning

Major Employers and Institutions

Notable Commercial Developments & Projects

Building Permits, Planning, and Development Tools

Market Data & Economic Reports

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