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601 Hinds Avenue, Pismo Beach, CA 93449
601 Hinds Avenue, Pismo Beach, CA 93449View this property at 601 Hinds Avenue, Pismo Beach, CA 93449
601 Hinds AvenuePismo BeachCA93449
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Property Description
A long-time restaurant location on the prominent corner of Hinda Ave & Price St in Downtown Pismo Beach. For most of the most recent years, the Thai Talay occupied the space. Before that, it was Fish City and before that, it was Rancho BBQ. 50+ years between only three operators tells us it is an excellent location for a food & beverage operation.
The interior space is 1720 sf (+/-) and there is an additional 400 (+/-) sf exterior space with the shells of two walk-ins just outside of the kitchen area, so the total usable sf is about 2100 (+/-). There are also 25 onsite parking spaces, two storage sheds in the parking lot.
The pictures represent the current condition of the space - it very clearly needs major updating. The Landlord is willing to give a solid well-qualified operator extended periods of free rent and abated rent to allow for design, permitting, and remodeling to occur before, or shortly after rent commencment. They are also looking for a long-term tenant, so many options can be a part of the lease agreement.
The asking base rent is $2.75 sf-mo. The current CAM would be about $0.44 sf-mo, as current insurance costs are quite low. It is likely that once the building is renovated those insurance costs would go up - likely in the $0.59 sf-mo range.
Tenant reps, please submit your reasonable fee request with the lease proposal.
Full Property Details
Full Property Details for 601 Hinds Ave
General
- Status: Active
- Type: Commercial Lease
- MLS ID: PI24048231
- Updated: 3/22/2024
- Days on Market: 85 days
- Added to Site: 85 day(s) ago
Parking
- Uncovered Spaces: 25
Location
- County: San Luis Obispo
- Driving Directions: At the corner of Hinds & Price
Structural Information
- # Buildings: 1
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 1720
- Square Feet: 1,720
- Year Built: 1925
Lot Features
- Lot Size (Acres): 0.33
- Useable Acres: .33
- Lot Size (Sq. Ft.): 14,375
- Lot Size Source: Assessor
- Topography: level
- Lot Features: Corner Lot
- Lot Description: Corner Lot
Financial Considerations
- Owner Pays: None
- Tenant Pays: ADA Upgrades, All Utilities, Exterior Maintenance, HVAC Maintenance, Insurance, Management, Taxes
Disclosures and Reports
- Property ID: 5131030
Listed by Burnes Commercial Group, MarkBurnes
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Schools
Schools serving 601 Hinds Ave
School District:Lucia Mar Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
2100 Shell Beach Rd, Pismo Beach, CA 93449 | K-6 | 2.6 mi | |
680 Wadsworth Ave, Pismo Beach, CA 93449 | 7-8 | 0.3 mi | |
495 Valley Rd, Arroyo Grande, CA 93420 | 9-12 | 3.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
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601 Hinds Avenue, Pismo Beach, CA 93449 (MLS# PI24048231) is a Commercial Lease property. 601 Hinds Avenue is currently listed for and was received on March 09, 2024. Want to learn more about 601 Hinds Avenue? Do you have questions about finding other Commercial Lease real estate for sale in Pismo Beach? You can browse all Pismo Beach real estate or contact a Coldwell Banker agent to request more information.