Current Use by Public Records
- Mixed-use properties
Property Details for 19401980 Main St
- Lot size
- 0.66 lot acres
- Property type
- Mixed-use properties
Description
This exceptional mixed-use property in Cambria's desirable East Village presents a rare investment opportunity. Spanning 0.66 acres (28,824 sq ft), the property comprises three distinct buildings offering diverse income streams. The anchor tenant is the renowned Indigo Moon restaurant, a beloved local establishment with a 30-year history, operating under a long-term lease. This popular restaurant features both indoor and outdoor dining areas, plus a sunny backyard patio, ensuring consistent revenue generation. A separate office/retail unit boasts attractive features including pinewood flooring, exposed beam ceilings, a well-equipped kitchen, ample storage space, and a sizable patio perfect for marketing or displays. Finally, a gated residential duplex provides additional income potential. This duplex includes a 3-bedroom, 1-bathroom unit and a 2-bedroom, 1-bathroom unit, offering flexibility for subletting or owner occupancy. The property also includes 20 dedicated parking spaces and 5 EDUs of commercial water rights, contributing to its strong financial outlook. With a total building area of 4,152 square feet, this property is ideally suited for investors seeking a diversified portfolio or a substantial long-term asset in a thriving community. This is a truly unique opportunity not to be missed.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cambria
- County
- San Luis Obispo
- State
- California
- Longitude
- -121.103
- Latitude
- 35.569
