1773 Front St Oceano, CA 93445
This exceptional investment opportunity presents two buildings totaling 7,500 square feet situated on a 0.17-acre lot in Oceano, California. The property, located at 1773 Front St, features a single-family residence and a commercial restaurant building, both currently vacant upon sale. Ideally positioned just 1.2 miles from the Pacific Ocean and directly on Cabrillo Highway (CA-1), this property benefits from excellent visibility and convenient access to the Los Angeles-San Diego-San Luis Obispo Rail Corridor (LOSSAN Corridor) and Oceano County Airport. The CR (Commercial/Retail) zoning offers significant redevelopment potential, allowing for a wide array of uses including retail, business services, personal services, recreation, entertainment, transient lodging, and limited residential options. The property's proximity to the renowned Oceano Dunes State Vehicular Recreation Area, the only drivable beach in California, ensures consistent tourist traffic and strong potential for future growth. This unique offering presents a compelling investment opportunity in a vibrant coastal community with high tourism appeal. The property's APN is 062-042-048. The asking price is $725,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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