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Corner Storefront With Residential Potential
For Sale
$1,550,000

801 Dolliver St, Pismo Beach, CA 93449

C-1 zoning supports commercial use with secondary residential space above or behind the storefronts.

Property Size3,980 SF
Price / SF$389.45
Days on Market48

Property Features for 801 Dolliver St

General Information

Standard status Active
Size 3,980 SF
Zoning C-1

Site & Location

Frontage 66 ft
Corner Location Yes
Traffic Count 41,000 vehicles/day

Building Details

Year Built 1986
Tenancy Multi
Listing Agency: Burnes Commercial Group
Listed By: Mark Burnes · License #01361305
Source: Myfabuloushome
Added: Sep 6 Changed: Oct 10 Last Checked: Oct 7 at 12:55PM

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 Burnes Commercial Group

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Investment Insights

Based on property information with market context.

This 3,980-square-foot storefront property was built in 1986 and includes three addresses: 801-A, 801-B, and 811 Dolliver St. The 801-B space was originally configured as an apartment and may be converted back, adding flexibility to the existing commercial arrangement. The property carries C-1 zoning, which permits secondary residential space above and/or behind commercial units.

Positioned at Main Street and Pacific Coast Highway in downtown Pismo Beach, the site has 66 feet of frontage and is one short block from the sand and boardwalk. The pier is two short blocks away, and downtown Pismo Beach attracts more than 2 million visitors annually. The property is located at 801 Dolliver St, Pismo Beach, CA 93449.

Key Highlights

  • 3,980 SF storefront property built in 1986
  • 66' of frontage at Main Street and Pacific Coast Highway
  • C‑1 zoning allows secondary residential above and/or behind commercial units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$64,657
Cap Rate
4.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,293,140 $1.3M
Cap Rate 7%
$923,671 $923.7K
Cap Rate 9%
$718,411 $718.4K
Market Conditions
NOI Build-Up for 3,980 SF
Gross rent
$95.5K $24.00/SF
− Vacancy
−$3.2K −$0.79/SF
EGI
$92.4K $23.21/SF
− OpEx
−$27.7K −$6.96/SF
NOI
$64.7K $16.25/SF
Area
San Luis Obispo County, CA
Vacancy
3.30%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,293,140
Cap Rate 7%
$923,671
Cap Rate 9%
$718,411

Alternative Uses

Best Use
Retail
$923.7K
$808.2K – $1.08M (±1% cap)
NOI $64,657 @ 7.0% cap · market cap 4.17%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$1.57M
$1.37M – $1.83M (±1% cap)
NOI $109,569 @ 7.0% cap · market cap 7.07%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Shoe Tree Pharmacy

Suggested Use

Top Pick HVAC Service Pharmacy Electrical Service Nail Salon Building Supply Furniture & Home Goods

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

41,000 VPD
Traffic count
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

694
Businesses Nearby
5k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 65% Hotels & Casinos 35%
Me-N-Ed's Pizzeria Dining
3,371 visits/mo 0.2 miles
Motel 6 Pismo Beach Pacific Ocean Hotels & Casinos
1,811 visits/mo 0.2 miles

Demographics for 93449, CA

8,096
Population
6,060
Households
1.3
Avg Household Size
55
Median Age
50%
College-Educated
98%
High-School Grad
9.9 sq mi
ZIP Area
818
Density / Sq Mi
$112,913
Median Household Income
$62,440
Median Earnings
$2,298
Median Rent
$992,900
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

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Similar Off Market Nearby

  • Pismo Beach Florist — 791 Price St, Pismo Beach, CA 93449

Frequently Asked Questions

What type of property is this?
Storefront property - C-1 zoning supports commercial use with secondary residential space above or behind the storefronts.
Where is this storefront property located?
The property is located at 801 Dolliver St Pismo Beach, CA.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: 3,980 SF storefront property built in 1986; 66' of frontage at Main Street and Pacific Coast Highway; C‑1 zoning allows secondary residential above and/or behind commercial units
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