Redevelopment Convenience Store
For Sale
Contact for pricing
435 Pico Avenue, San Simeon, CA 93452
Existing mixed-use property includes a local market/liquor store with an attached one-bedroom apartment on a 1.25-acre site.
Property Size3,644 SF
Lot Size1.25 Acres
Days on Market127
Property Features for 435 Pico Avenue
General Information
Standard status
Active
Size
3,644 SF
Lot size
1.25 Acres
Property subtype
Land
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Multifamily Units
1
Listing Agency:
Marcus & Millichap Ventura
Listed By:
Tyler Iglehart · License #CA 01960368
Source:
Crexi
Added: Apr 10
Changed: Aug 14
Last Checked: Aug 14 at 7:43AM
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 Marcus & Millichap Ventura
Investment Insights
Based on property information with market context.
This redevelopment opportunity at 435 Pico Avenue includes an existing 3,644-square-foot structure currently operated as a local market/liquor store with an attached one-bedroom, one-bathroom apartment. The property is situated on a 1.25-acre lot and offers a redevelopment path for a new convenience store.
The site is located on Highway 1 in San Simeon, across from the Central Coast coastline. The listing notes that the highest and best use is a convenience store designed to serve local hospitality visitors and travelers.
Prospective users and buyers should review the existing improvements and redevelopment requirements to confirm fit for a convenience retail concept on the property’s Highway 1 location.
The site is located on Highway 1 in San Simeon, across from the Central Coast coastline. The listing notes that the highest and best use is a convenience store designed to serve local hospitality visitors and travelers.
Prospective users and buyers should review the existing improvements and redevelopment requirements to confirm fit for a convenience retail concept on the property’s Highway 1 location.
Key Highlights
- Mixed‑use redevelopment opportunity at 435 Pico Avenue, San Simeon
- 3,644 SF structure currently operating as a local market/liquor store
- Attached 1‑bedroom, 1‑bath apartment on the same site
Property Analytics
Current Use
Lease Details
1
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
67
Businesses Nearby
2k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 100%
Quality Inn near Hearst Castle
Hotels & Casinos
2,287 visits/mo
0.3 miles
Demographics for 93452, CA
522
Population
296
Households
1.8
Avg Household Size
41
Median Age
4%
College-Educated
53%
High-School Grad
114.2 sq mi
ZIP Area
5
Density / Sq Mi
$54,705
Median Household Income
$50,841
Median Earnings
$1,343
Median Rent
$276,600
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Existing mixed-use property includes a local market/liquor store with an attached one-bedroom apartment on a 1.25-acre site.
Where is this grocery and convenience store located?
The property is located at 435 Pico Avenue San Simeon, CA.
What are key features of this property?
This property features: Mixed‑use redevelopment opportunity at 435 Pico Avenue, San Simeon; 3,644 SF structure currently operating as a local market/liquor store; Attached 1‑bedroom, 1‑bath apartment on the same site
