129 Coast HwyOceanside, CA 92054

Property Details for 129 Coast Hwy

Lot size

0.15 AC

Property size (Sq ft)

11,534 SF

Zone code

COMMERCIAL

Property type

Hospitality properties

Property subtype

Hotels

APN

147-272-08-00

APU

1472720800

Description

This exceptional restaurant opportunity is located at 129 S Coast Hwy, Oceanside, CA 92054. The property, known as The Fin Hotel & Switchboard Restaurant, offers a fully built-out, 2,000 square foot space perfect for a single-tenant restaurant operator. The existing restaurant and bar are ready for immediate occupancy, eliminating the need for extensive renovations and allowing for a quick start to operations. This turnkey solution presents a significant advantage for established businesses looking to expand or new ventures seeking a prime location. The Switchboard Restaurant benefits from a highly desirable Oceanside location, attracting both local residents and tourists. Its unique blend of historic charm and modern finishes creates an attractive environment for a diverse range of culinary concepts. The property's strategic placement along the coast ensures high visibility and accessibility, maximizing potential customer traffic. This rebranding opportunity allows a new operator to capitalize on the existing infrastructure and establish a strong presence in a thriving coastal community. The space is ready for immediate use, offering a seamless transition for a new business to begin operations. This is an exceptional chance to acquire a well-positioned restaurant in a vibrant and sought-after location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,746,118

  6.5%

  $2,534,878

  7%

  $2,353,816

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,386,760

  Geo Method

  $9,540,112

• Alternative Use

  Use

  Valuation

  Residential

  $2,767,351

  Hospitality

  $2,534,878

  Educational

  $2,108,989

  Medical

  $2,181,520

  Retail

  $3,280,650

Location Insight

City

Oceanside

County

San Diego

State

California

Latitude

33.194

Longitude

-117.378

CBSA code

41740

CBSA name

SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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