680 S Coast Hwy, Laguna Beach, CA 92651 | MLS OC23208337 | Listing Information | Berkshire Hathaway HomeServices California Properties | Berkshire Hathaway HomeServices California Properties
FOR SALE
$15,000,000  

680 S Coast Hwy
Laguna Beach, CA 92651

Retail, Business Opportunities
Commercial
10,796
Sq. Ft.
0.129
Acres Lot
Listing Agent: Yubo Mu CalDRE: 01921557 - Pinnacle Real Estate Group, 949-258-2228

Description for 680 S Coast Hwy Laguna Beach, CA 92651

State-of-the-Art Free-Standing Structure. The Red Dragon Building For Sale (Only building not business) A Rare and Exceptional Investment Opportunity. Impressive CAP rate of 5.6%Long-Term (10) Year Lease Absolute NNN Lease With Annual 3% IncreasesFull-service bar and restaurant featuring an Ocean View Terrace on the 3rd FloorContemporary exterior & interior masterfully envisioned by acclaimed Laguna Beach architectCutting-edge commercial kitchens spanning the 1st and 2nd floors, equipped with the latest culinary technology and a spacious walk-in cooler/freezerUnparalleled Platinum Location in Laguna Beach: 7 min stroll to Main Beach Park, 6 min walk to Downtown, 3 min jaunt to HIP District. Exceptional proximity to designated parking areas, boutiques, eateries, art galleries, and renowned hotels. Boasting a walk score of #96

Property Details

OC23208337
Retail, Business Opportunities, 3+ Story
Orange
2023
0.129 Acres
Public
3
10,796 Sq. Ft.
Cable Connected,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected
1 Total
Detailed Room Information
Laundry
See Remarks
Exterior / Lot Features
Parking
0 Covered Parking Spaces.
Additional Exterior/Lot Features
Walkstreet.
Financial Considerations
64403617
Cash, Cash to New Loan, 1031 Exchange

Market Trends

Listing Agent: Yubo Mu CalDRE: 01921557 - Pinnacle Real Estate Group, 949-258-2228
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