401 Coast Hwy Oceanside, CA 92054

This exceptional Oceanside, CA commercial property, located at 401 N. Coast Highway, presents a compelling investment opportunity. The 12,669 square foot building, constructed in 2008, is comprised of ten units, ideal for a variety of commercial uses, including medical offices. The property boasts a strong 7.50% capitalization rate, with two vacancies offering immediate value-add potential. The building features 5,962 square feet of net rentable space, with up to that amount potentially becoming available for owner-occupancy within a year of purchase. Existing tenants provide a substantial stream of rental income, further enhancing the return on investment. The prime location on North Coast Highway ensures high visibility and accessibility, benefiting from significant foot and vehicle traffic. Twenty-nine dedicated off-street parking spaces are a rare and valuable asset in this area. Its proximity to the Oceanside Pier, beaches, restaurants, and shopping centers adds to its appeal. The property's convenient access to major highways and public transportation ensures ease of access for both tenants and employees. This is a unique opportunity to acquire a well-situated, income-generating property with significant upside potential. The building's flexible layout allows for adaptation to various business needs, making it an attractive option for both owner-users and investors seeking a strong return in a desirable coastal location. The current rental income, combined with the potential for lease-up, positions this property for substantial long-term growth.