298 Broadway St Laguna Beach, CA 92651-1807
This exceptional 5,495 square foot freestanding retail storefront at 298 Broadway Street in Laguna Beach, California presents a unique investment opportunity. Built in 1941 and boasting pristine condition inside and out, this property offers 4,217 square feet of net rentable space. The building features upgraded electrical systems, HVAC, bathrooms, and a kitchen, ensuring modern functionality. High ceilings add to the spacious feel, creating an inviting atmosphere for any business. Its prime downtown Laguna Beach location offers unparalleled accessibility, placing it within walking distance of Main Beach, Ocean Avenue, Forest Avenue, and the Pacific Coast Highway (PCH). The property's APN is 496-012-19. This is an exceptional opportunity to acquire a well-maintained, high-visibility retail space in one of Southern California's most desirable coastal communities. The asking price is $3,995,000. This property is zoned for retail use and offers significant potential for a variety of businesses. Its location and condition make it an ideal investment for discerning buyers seeking a turn-key operation in a thriving market. The property's strong location and modern amenities make it an attractive proposition for a wide range of retail businesses. Don't miss this chance to own a piece of Laguna Beach's vibrant commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.