727 Main St Cambria, CA 93428
- Community centers
- 1,329 SF
- 0.05 lot acres
Current Use by Public Records
- Home Arts / Gift Shop / Art Dealer
Property Details for 727 Main St
- Year built
- 1937
- Construction
- WOOD
- Lot size
- 0.05 lot acres
- Property size
- 1,329 SF
- Zone code
- CR
- Property type
- Community centers
- APN
- 022-121-017
- APU
- 22121017
Description
This exceptional retail property at 727 Main Street, Cambria, CA, presents a unique investment opportunity. Located in the desirable West Village area, this 1,329 square foot building boasts a highly visible and sought-after location with consistent high foot traffic from both tourists and locals. Currently generating steady rental income from long-term tenants, this property offers immediate return on investment. The building sits on a 0.05-acre lot and is an excellent choice for a 1031 exchange. A significant advantage is the inclusion of extra water allocations (2.38 EDUs per CCSD), providing flexibility for potential expansion or alternative uses. This prime location in the West Village ensures consistent exposure and strong potential for future growth. The asking price is $599,000. This is a rare chance to acquire a well-established, income-producing retail space in a thriving Cambria location. Don't miss this opportunity to own one of the best commercial properties in the West Village. The sale includes the building only
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $585,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $500,000
- 6.5%
- $520,000
- 7%
- $475,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $500,000
- Geo Method
- $475,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $565,000
- Retail
- $460,000
- Mixed-Use
- $530,000
- Hospitality
- $555,000
- Educational
- $555,000
- Residential Income
- $600,000
- Energy
- $595,000
- Income-Based Land
- $510,000
- Food Service
- $520,000
Location Insight
- Map
- Local Demand
- City
- Cambria
- County
- San Luis Obispo
- State
- California
- Longitude
- -121.1
- Latitude
- 35.5677
- CBSA code
- 42020
- CBSA name
- SAN LUIS OBISPO-PASO ROBLES, CA METROPOLITAN STATISTICAL AREA