325-31 Coast Hwy Oceanside, CA 92054
- Retail properties
- 10,229 SF
Current Use by Public Records
- Retail properties
Property Details for 325-31 Coast Hwy
- Property size
- 10,229 SF
- Property type
- Retail properties
- Property subtype
- Mixed-use properties
Description
This exceptional Oceanside investment presents a prime development opportunity encompassing two parcels totaling 24,194 square feet of C2-zoned land. The property boasts 10,229 square feet of existing building space, currently comprised of two units across a four-story structure. One unit, located at 325 S Coast Hwy, is a 2,213 square foot storefront currently leased until February 28, 2028, with a potential five-year extension, providing immediate rental income. The second unit, at 324 S Tremont St, is an 8,016 square foot auto shop that will vacate upon sale. The property offers 88 feet of prime Coast Highway frontage, ensuring high visibility and accessibility. Its location near the Oceanside Transit Center, undergoing significant redevelopment, and surrounded by luxury condos, positions it within a rapidly revitalizing area. The C2 zoning allows for versatile commercial uses, including retail, office, and service-oriented businesses, with potential for a four-story mixed-use development. This unique opportunity is ideal for developers, investors, and owner-users seeking to capitalize on Oceanside's growth. The seller is open to selling the parcels separately, offering flexibility for various acquisition strategies. The property's multiple access points, including convenient alley and street access, enhance its commercial appeal.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oceanside
- County
- San Diego
- State
- California
- Longitude
- -117.376
- Latitude
- 33.1918
