Rare Coastal Oceanside Owner/User Or Investment Opportunity

Highlights:

• PRIME LOCATION: Situated on North Coast Highway in Oceanside, CA, less than a half mile from the beach
• HIGH TRAFFIC AREA: Benefits from significant foot and vehicle traffic
• SPACIOUS BUILDING: Accommodates 10 units, ideal for various commercial uses.
• FLEXIBLE SPACE: Suitable for retail, office, medical, and other business types.
• PARKING: Includes 29 rare off street dedicated parking
• 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.
• OWNER/USER OPPORTUNITY: Potential to occupy up to 5,962 square feet and generate tenant income.
• IN-PLACE RENTS: High rental income potential from existing tenants.
• INVESTMENT POTENTIAL: 7.50% In place capitalization rate with opportunities to add value.

Description:

Located at 401 N. Coast Highway, Oceanside, CA, this prime commercial property offers an exceptional opportunity for businesses seeking a strategic and vibrant location. The property, situated on North Coast Highway, benefits from high foot and vehicle traffic, making it an ideal spot for various commercial uses, including retail and office spaces. The spacious building accommodates 10 units, providing flexibility for different business types and sizes. The property features 29 rare off-street parking spots and is highly accessible from major highways and public transportation, making it easy for clients and staff to reach. Close to popular attractions such as the Oceanside Pier, beaches, restaurants, and shopping centers, this location enhances the property’s appeal.

This property offers an Owner/User the opportunity to own their building while also offsetting their mortgage with tenant income, with up to 5,962 square feet becoming available to occupy within a year of acquisition. The exceptional in-place rents will allow them to collect top-of-market tenant income while enjoying the benefits of owning real estate

Additionally, this property boasts an in-place 7.50% capitalization rate with two vacancies, allowing for an investor to purchase and add value upon lease up

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