Historic Restaurant and Event
New
For Sale
Contact for pricing
126 Orange Ave, Coronado, CA 92118
The standalone property combines dining and event space with roll-up doors and patio access.
Property Size10,900 SF
Price / SF$688.07
Days on Market2
Property Features for 126 Orange Ave
General Information
Standard status
Active
Size
10,900 SF
Property subtype
RETAIL
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Patio
Yes
Building Details
Year Built
1892
Listing Agency:
Urban Property Group (UPG)
(858) 874-1989
Listed By:
Pasquale Ioele
(858) 875-4665
Source:
Moodyscre
Added: Nov 4
Last Checked: Nov 4 at 3:01PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Urban Property Group (UPG)
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Investment Insights
Based on property information with market context.
Dating to 1892, this standalone building contains 10,900 square feet and is currently occupied by a restaurant and event center. Interior spaces include the Bayview Room, a central bar area and a speakeasy-style room. Roll-up doors connect the interior with patio space, and the property has a new roof and largely new interior improvements.
The building fronts Orange Avenue in Coronado, within the area’s main commercial corridor. It is near Coronado Beach and has views toward San Diego Bay, with dining, retail and hospitality businesses along the avenue.
The building fronts Orange Avenue in Coronado, within the area’s main commercial corridor. It is near Coronado Beach and has views toward San Diego Bay, with dining, retail and hospitality businesses along the avenue.
Key Highlights
- 10,900‑square‑foot standalone building
- Currently occupied by a restaurant and event center
- Established in 1892; has a new roof and largely new interior improvements
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$284,848
Cap Rate
3.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,696,960
$5.7M
Cap Rate 7%
$4,069,257
$4.1M
Cap Rate 9%
$3,164,978
$3.2M
Market Conditions
NOI Build-Up for 10,900 SF
Gross rent
$396.3K $36.36/SF
− Vacancy
−$16.5K −$1.52/SF
EGI
$379.8K $34.84/SF
− OpEx
−$94.9K −$8.71/SF
NOI
$284.8K $26.13/SF
Area
San Diego County, CA
Vacancy
4.17%
Lease Rate
$36.36 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,696,960
Cap Rate 7%
$4,069,257
Cap Rate 9%
$3,164,978
Alternative Uses
Best Use
Specialty Retail
$4.07M
$3.56M – $4.75M
NOI $284,848 @ 7.0% cap · market cap 3.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.99M
$4.37M – $5.83M
NOI $349,581 @ 7.0% cap · market cap 4.66%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
921
Businesses Nearby
75k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 45%
Hotels & Casinos 25%
Groceries 22%
Shops & Services 8%
Il Fornaio
Dining
17,196 visits/mo
0.3 miles
Smart & Final
Groceries
16,806 visits/mo
0.1 miles
Coronado Island Marriott Resort & Spa
Hotels & Casinos
16,363 visits/mo
0.5 miles
Burger King
Dining
10,566 visits/mo
0.2 miles
Sinclair
Shops & Services
5,989 visits/mo
0.4 miles
Demographics for 92118, CA
20,629
Population
9,521
Households
2.2
Avg Household Size
38
Median Age
66%
College-Educated
98%
High-School Grad
7.7 sq mi
ZIP Area
2,679
Density / Sq Mi
$135,056
Median Household Income
$59,072
Median Earnings
$3,250
Median Rent
$1,998,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The standalone property combines dining and event space with roll-up doors and patio access.
Where is this conventional restaurant located?
The property is located at 126 Orange Ave Coronado, CA.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: 10,900‑square‑foot standalone building; Currently occupied by a restaurant and event center; Established in 1892; has a new roof and largely new interior improvements
