Rare Coastal Oceanside Multi-Tenant Retail Condominium

Highlights:

• PRIME LOCATION: Situated on North Coast Highway in Oceanside, CA, 5 blocks to the sand!
• HIGH TRAFFIC AREA: Benefits from significant foot and vehicle traffic on the iconic Coast Highway.
• DIVERSE RENT ROLL: Accommodates 8 Tenants, ideal for various commercial uses.
• FLEXIBLE SPACE: Suitable for retail, office, medical, and other business types.
• PARKING: Excellent street parking plus 29 rare off street dedicated parking spaces.
• ACCESSIBILITY: Easily accessible from I-5 and other major highways and public transportation.
• PROXIMITY TO ATTRACTIONS: Close to Oceanside Pier, beaches, restaurants, and shopping centers.
• IN PLACE RENTS: High Rental Income from existing tenants.
• INVESTMENT POTENTIAL: Attractive +/- 7% In place cap rate with opportunities to add value.

Description:

Located at 401 N. Coast Highway in Oceanside, CA, this fully leased multi-tenant retail condominium offers investors a rare chance to acquire a stabilized, cash flowing asset in one of Southern California’s fastest-growing coastal cities. With eight established tenants in place and limited landlord responsibilities, this is a true hands-off investment poised for long-term performance and significant tax advantages.

The property is part of a commercial condominium structure, allowing for simplified ownership and reduced operational oversight compared to traditional strip centers or mixed-use properties. Investors can take advantage of substantial bonus depreciation benefits, as a high percentage of the purchase price may be allocated to depreciable improvements—maximizing after-tax returns in the early years of ownership.

Positioned along the highly visible and heavily trafficked North Coast Highway, the property is just blocks from the beach, Oceanside Pier, and the vibrant downtown core. The surrounding area has seen a wave of revitalization, with new hotels, restaurants, residential developments, and cultural attractions rapidly transforming the city into a destination for both residents and tourists. Oceanside has over $1 billion in new development either completed or underway, including luxury beachfront resorts, mixed-use projects, and transit-oriented developments, further enhancing the value of well-located retail assets like this one.

With a +/- 7.00% in-place capitalization rate, strong tenant mix, minimal management burden, and outstanding tax treatment through bonus depreciation*, this offering represents an exceptional opportunity to own a prime income-generating asset in a market with powerful economic and demographic tailwinds.

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