Cambria Retail Investment
For Sale
$1,495,000
801 Main, Cambria, CA 93428
Prime retail property in Cambria, 100% leased, great location.
Property Size3,966 SF
Price / SF$376.95
Days on Market209
Property Features for 801 Main
General Information
Standard status
Active
Size
3,966 SF
Building Details
Building Size
3,966 SF
Year Built
1987
Stories
1
Listing Agency:
Lee & Associates | San Luis Obispo
Listed By:
Marty Indvik · License #961882
(805) 440-6861
Source:
Evrealestate
Added: Mar 21
Changed: Oct 11
Last Checked: Oct 14 at 10:50PM
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 Lee & Associates | San Luis Obispo
Investment Insights
Based on property information with market context.
This commercial retail property is located in Cambria, California, on the Pacific Coast Highway. The property is 100% leased with a mix of retail tenants, offering potential for lease adjustments according to market conditions. The building has been well-maintained, with recent investments in the roof, exterior, and interior painting. The zoning is Commercial Retail, allowing for various uses. The property size is 3,966 square feet. The location benefits from a strong tourist and local presence, and the commercial vacancy rate in the area is approximately 0%.
Key Highlights
- 100% leased with a nice retail mix, providing immediate income.
- Located in Cambria, a well‑established tourist destination on the Pacific Coast Highway.
- Recent investments in roof, exterior, and interior painting indicate well‑maintained property.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,430
Cap Rate
4.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,288,600
$1.3M
Cap Rate 7%
$920,429
$920.4K
Cap Rate 9%
$715,889
$715.9K
Market Conditions
NOI Build-Up for 3,966 SF
Gross rent
$95.2K $24.00/SF
− Vacancy
−$3.1K −$0.79/SF
EGI
$92.0K $23.21/SF
− OpEx
−$27.6K −$6.96/SF
NOI
$64.4K $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%
$1,288,600
Cap Rate 7%
$920,429
Cap Rate 9%
$715,889
Alternative Uses
Best Use
Retail
$920.4K
$805.4K – $1.07M
NOI $64,430 @ 7.0% cap · market cap 4.31%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$1.56M
$1.36M – $1.82M
NOI $109,184 @ 7.0% cap · market cap 7.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
368
Businesses Nearby
Explore this area
Business Placement
Demographics for 93428, CA
5,951
Population
4,199
Households
1.4
Avg Household Size
62
Median Age
44%
College-Educated
93%
High-School Grad
77.3 sq mi
ZIP Area
77
Density / Sq Mi
$89,225
Median Household Income
$34,001
Median Earnings
$1,909
Median Rent
$869,600
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Prime retail property in Cambria, 100% leased, great location.
Where is this retail space located?
The property is located at 801 Main Cambria, CA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: 100% leased with a nice retail mix, providing immediate income.; Located in Cambria, a well‑established tourist destination on the Pacific Coast Highway.; Recent investments in roof, exterior, and interior painting indicate well‑maintained property.
