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Retail space
CA
Cambria
93428
2380 Main St

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FOR SALE

Retail space

2380 Main St Cambria, CA 93428

0.74 ac lot

Individually Owned 1-yr Hold ~ Est. High Equity

Property ID

US09-1638965

$1,549,000

2380 Main St, Cambria, CA 93428
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This fully occupied, 6,473 sq ft retail property in Cambria, CA, presents a unique investment opportunity. Located on a 0.74-acre lot (32,300 sq ft) in the heart of Cambria's bustling retail district, just 2 miles from the beach and 1.4 miles from Highway 1, this property boasts seven units currently leased to a diverse mix of thriving businesses, including two restaurants (JJ's Pizza and Wild Ginger), a boutique (Sea & Green), a salon, a barber shop, and a high-end smoke shop. Built in 1978, this family-owned property is being offered for sale for the first time, featuring a 22-space parking lot and three storage buildings. The property is zoned commercial retail and benefits from a high volume of foot traffic due to its prime location. With 4.95 EDUs of water assigned (3.95 currently in use), long-term tenants, and potential for increased rental income, this property offers a strong return on investment at under $2 million, with an approximate cap rate of 4.9%. This is a rare chance to acquire a piece of Cambria's history and a thriving commercial asset in a highly desirable coastal location, midway between San Francisco and Los Angeles, and close to San Luis Obispo and Hearst Castle.