22467 Pacific Coast Hwy Malibu, CA 90265-5032

This exceptional Malibu retail property at 22467 Pacific Coast Highway presents a rare investment opportunity. Situated on a substantial 25,821 square foot lot, this 1,206 square foot building boasts 100% occupancy and is currently configured with exposed ceilings, three offices, a kitchen, two bathrooms, a conference room, open areas, and a sauna. Built in 1947, the property is zoned CV1 (Commercial Visitor Serving 1) and features a rare and irreplaceable existing pole sign. This is the first time on the market since 2006, and only the second time in approximately 150 years, making it a truly unique offering. The property offers significant potential for redevelopment, with previously approved plans for an additional approximately 12,650 square feet of ocean view retail/office space. A hillside rear lot provides further development possibilities. An approved and soon-to-be-installed On-site Wastewater Treatment System (OWTS) offers cost savings of approximately $175,000 for the new buyer, conforming to Malibu Municipal code. This is an ideal owner-user opportunity, or a prime investment for those seeking a rare and irreplaceable piece of Malibu's iconic coastline. The asking price is $4,550,000. APN: 4452-023-010.