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    Multi-Unit Retail and Office Building Title is generated by Realmo AI

    775 Main, Cambria, CA 93428

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    Claim this Listing
    For Sale
    $1,800,000

    Newest Main Street building with gallery and office suites plus five condo units and 2.15 EDUs water capacity.

    Type:Retail
    Property size:
    5,500 SF
    Price / SF:
    $327/SF
    Added:
    Jun 13, 2026
    Days on Market:
    15
    Last Refresh:
    Jun 24 at 3:02 am

    Property Features for 775 Main

    General Information

    Standard status
    Active
    Size
    5,500 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1989

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    Frankie Ciano
    Frankie Ciano

    Listing office Ciano Real Estate, Inc.

    Listing date Jun 13, 2026

    Source Xome

    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 Ciano Real Estate, Inc.

    HighLights

    • Approx. 5,500 SF commercial building built in 1989 with gallery and office suite configuration
    • Five separate condo units across six APNs, offering multi‑tenant or owner‑user flexibility
    • 2.15 EDUs of water capacity, highlighted as a significant water advantage for the community
    • Zoned CR; includes 4 parking spaces and tar/gravel roof
    • Public transport available
    • Business not included in the sale; current occupant may consider a short‑term leaseback

    Overview

    This for-sale commercial property is a modern multi-unit building totaling approximately 5,500 square feet, arranged across six APNs and five separate condo units. The current configuration includes expansive gallery and office suites, with floor plans described as flexible and potentially reconfigurable to support different tenancy options. A notable asset is the building’s 2.15 EDUs of water capacity, a meaningful consideration for buyers in a community with limited water allocations.

    Situated in Cambria’s historic Main Street district within the walkable West Village area, the property is presented as a prominent landmark with visibility along the town’s commercial core. The West Village is described as extending approximately 1.5 miles through the heart of the community and as centered on locally owned businesses, including independent boutiques, specialty retailers, antique shops, and coastal eateries, with an emphasis on an absence of chain stores.

    The building is being offered with flexibility for different ownership strategies, including investor or owner-user scenarios that can take advantage of the five condo units. The business is not included in the sale; however, the current occupant may consider a short-term leaseback to provide time for a new owner to evaluate future plans. Buyers are encouraged to review potential uses with County Planning when considering reconfiguration for tenancy.

    Local Financial Insights For Office B

    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 $145.2k $26.40
    − Vacancy −$8.7k −$1.58
    EGI $136.5k $24.82
    − OpEx −$34.1k −$6.20
    NOI $102.4k $18.61
    5,500 SF · lease $26.40/SF/yr · vacancy 6.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.46M
    $1.28M – $1.71M (±1% cap)
    NOI $102,366 @ 7.0% cap · market cap 5.69%
    Second Best
    Retail
    $1.28M
    $1.12M – $1.49M (±1% cap)
    NOI $89,351 @ 7.0% cap · market cap 4.96%
    Theoretical Best
    Healthcare Medical
    $2.16M
    $1.89M – $2.52M (±1% cap)
    NOI $151,415 @ 7.0% cap · market cap 8.41%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Artifacts Gallery Art Gallery Half Moon New ... Department Store Henry Asencio Art Gallery National Staffing LLC Employment Agency Quality Rental Services General Contractor

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cambria
    County
    San Luis Obispo
    State
    California
    Longitude
    -121.0996301
    Latitude
    35.567284

    FAQs

    What type of property is this?
    Storefront property - Newest Main Street building with gallery and office suites plus five condo units and 2.15 EDUs water capacity.
    Where is this storefront property located?
    The property is located at 775 Main Cambria, CA.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: Approx. 5,500 SF commercial building built in 1989 with gallery and office suite configuration; Five separate condo units across six APNs, offering multi‑tenant or owner‑user flexibility; 2.15 EDUs of water capacity, highlighted as a significant water advantage for the community
    More about this property
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