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Retail Strip with Multiple Storefronts
For Sale
$6,900,000
Pending

240 Thalia Street, Laguna Beach, CA 92651

Multiple street-facing storefronts with prior retail use, offered for sale near the shoreline and public transit.

Property SizeContact for details
Days on Market445

Property Features for 240 Thalia Street

General Information

Standard status Pending
Property subtype Commercial/Industrial
Zoning LBP

Additional Details

Road Access Yes

Building Details

Year Built 1968
Listing Agency: Surterre Properties
Listed By: Richard McIntire · License #01013350
Source: Exitrealty
Added: May 29, 2025 Changed: Aug 8 Last Checked: Jul 25 at 6:35AM

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 Surterre Properties

Investment Insights

Based on property information with market context.

This for-sale retail property features multiple storefront spaces arranged for street-level customer access. The existing setup includes large, street-facing windows designed to showcase merchandise and provide visual presence from the sidewalk. The spaces have previously housed a plumbing business, a health food stand, and a bicycle shop, supporting flexible retail or service use depending on tenant requirements and approvals.

The property is located just blocks from the sand and offers strong street frontage for visibility. The Public Remarks note LBP zoning, which allows for a broad range of commercial and residential activities subject to permits from the City. It is also described as being convenient to public parking and local transit, with foot traffic drawn from nearby shops, cafes, and art galleries.

For operators and buyers, the multi-storefront configuration can support a single-tenant footprint or a variety of retail concepts within separate bays. The combination of individual storefront identity and prominent street-level windows may be well-suited for businesses that benefit from walk-in traffic and clear customer wayfinding, subject to permitted uses under the City’s approval process.

Key Highlights

  • Year built 1968
  • LBP zoning allows a broad range of commercial and residential activities subject to City permits
  • Multiple street‑facing storefronts with large street‑facing windows

Property Analytics

Current Use

RentaBikeNow for Store #182 Cycling Facility Laguna Beach Cyclery (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Locksmith Daycare Center Nursing Home Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,577
Businesses Nearby
82k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 33% Dining 29% Shops & Services 29% Apparel 10%
Ralphs Groceries
26,815 visits/mo 0.1 miles
Chevron Shops & Services
16,810 visits/mo 0.3 miles
Jack in the Box Dining
13,246 visits/mo 0.3 miles
Shell Shops & Services
6,669 visits/mo 0.3 miles
Wahoo's Fish Taco Dining
5,348 visits/mo 0.3 miles

Demographics for 92651, CA

24,096
Population
13,913
Households
1.7
Avg Household Size
52
Median Age
68%
College-Educated
98%
High-School Grad
22.1 sq mi
ZIP Area
1,090
Density / Sq Mi
$143,569
Median Household Income
$77,830
Median Earnings
$2,812
Median Rent
$2,000,001
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Multiple street-facing storefronts with prior retail use, offered for sale near the shoreline and public transit.
Where is this retail space located?
The property is located at 240 Thalia Street Laguna Beach, CA.
What is the asking price?
The asking price for this property is $6,900,000.
What are key features of this property?
This property features: Year built 1968; LBP zoning allows a broad range of commercial and residential activities subject to City permits; Multiple street‑facing storefronts with large street‑facing windows
More about this property
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