880 Broadway Ave, Seaside, CA 93955-4308
- Showrooms
- 7,799 SF
- 0.49 lot acres
Current Use by Public Records
- BADA KOREAN KITCHEN / Restaurant
- Las Cazuelas Taqueria / Restaurant
- Mountain Mike's Pizza / Restaurant
Property Details for 880 Broadway Ave
- Year built
- 2007
- Construction
- WOOD
- Lot size
- 0.49 lot acres
- Property type
- Showrooms
- APN
- 011-297-003-000
- APU
- 11297003000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 3, 2025 | — | Chen And Associates LLC | Chen And Associates LLC | Deed · related | — |
| May 28, 2025 | $6,179,000 | 901 University Avenue Associates | Verducci Enterprises LP | Grant Deed | — |
| Jan 12, 2018 | — | Verducci Ents LP | — | Deed · related | $920k · Verducci F P & Lenore J (pt) |
| Nov 21, 2013 | — | Ents LP Verducci | Verducci Ents LP | Quit Claim Deed · related | — |
| Nov 8, 2013 | $18,900,000 | Ents LP Verducci | Seaside City Center Project | Grant Deed | $1.5M · Standard Insurance Co |
| Nov 8, 2013 | — | Ents LP Verducci | Seaside City Center Project | Grant Deed · related | — |
| Aug 6, 2009 | $11,125,182 | Seaside City Ctr Project LLC | Orosco Dev 10 LLC | Grant Deed | — |
| — | — | Verducci Ents LP | — | Deed Of Trust · related | $920k · Verducci F P & Lenore J (pt) |
Description
This exceptional investment opportunity presents a 55,751 square foot retail center in Seaside, California. The property, built in 2006, boasts a 100% occupancy rate, generating a strong net operating income (NOI) of $215,121 and a compelling 6.00% capitalization rate. Priced at $3,585,350, this asset offers significant potential for investors seeking a stable, high-performing retail portfolio addition. The center is strategically located at 880 Broadway Ave, Seaside, CA 93955, on a 0.49-acre lot with ample parking (191 spaces) and excellent visibility due to its location at a signalized intersection. The property is zoned Commercial Mixed Use (CMX) and includes a ±7,591 square foot building that is part of a larger shopping center. The anchor tenant is Grocery Outlet, providing a strong foundation for the center's continued success. The property's Assesor's Parcel Number (APN) is 011-297-003-000. This is a rare opportunity to acquire a well-positioned, high-performing retail center in a desirable California market. Don't miss this chance to secure a valuable addition to your investment portfolio.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $5,900,000
- ML approach
- $6,085,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,149,000
Market price range: $1.74M - $5.15M -
Alternative Use
- Use
- Estimation
- RESTAURANT
- $4,225,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Seaside
- County
- Monterey
- State
- California
- Longitude
- -121.846
- Latitude
- 36.6089
- CBSA code
- 41500
- CBSA name
- SALINAS, CA METROPOLITAN STATISTICAL AREA
