Retail Space Near Cayucos
148 N Ocean Ave Cayucos, CA
148 N Ocean Ave, Cayucos, CA, 00000
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For Sale
Contact for pricing
Leased retail space near Cayucos Beach and Pier.
Property Size1,924 SF
Lot Size0.09 Acres
Price / SF$236.23
Days on Market236
Property Features for 148 N Ocean Ave
General Information
- Standard status
- Active
- Size
- 1,924 SF
- Lot size
- 0.09 Acres
- Property subtype
- RETAIL
Listing Agency
KW Commercial | Central California
(559) 302-8698
Listed by
Kevin Land · License #01516541
(559) 359-4035
Source
Moodyscre
Added: Nov 25, 2025 Checked: Jul 19 at 3:32 am
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 KW Commercial | Central California
Investment Insights
Based on property information with market context.
This property offers approximately 3,000 square feet of single-tenant retail space, situated one block from Cayucos Beach and Pier. Located in Cayucos, a town in San Luis Obispo County, the property benefits from its position in a vibrant beachside community that attracts over 7 million visitors annually. The location is approximately 7 miles from Morro Bay and 20 miles from downtown San Luis Obispo, with direct access to Highway 1. The property is 100% leased.
Key Highlights
- 100% leased investment opportunity
- Prime location one block from Cayucos Beach & Pier
- Located in the heart of Cayucos, a vibrant beachside town
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.2k | $24.00 |
| − Vacancy | −$1.5k | −$0.79 |
| EGI | $44.7k | $23.21 |
| − OpEx | −$13.4k | −$6.96 |
| NOI | $31.3k | $16.25 |
1,924 SF · lease $24.00/SF/yr · vacancy 3.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$446.5K
$390.7K – $521.0K
NOI $31,257 @ 7.0% cap · market cap 6.88%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$756.7K
$662.1K – $882.8K
NOI $52,968 @ 7.0% cap · market cap 11.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Highway One Vacation ...
Vacation Rental
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Leased retail space near Cayucos Beach and Pier.
Where is this retail space located?
The property is located at 148 N Ocean Ave Cayucos, CA.
What is the asking price?
The asking price for this property is $454,500.
What are key features of this property?
This property features: 100% leased investment opportunity; Prime location one block from Cayucos Beach & Pier; Located in the heart of Cayucos, a vibrant beachside town
