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[Address not provided], Solana Beach, CA 92075
$9,500,000
[Address not provided], Solana Beach, CA 92075View this property at [Address not provided], Solana Beach, CA 92075
[Address not provided]Solana BeachCA92075
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Property Description
AVAILABLE FOR THE FIRST TIME IN 50 YEARS! Introducing a once-in-a-lifetime chance to acquire a remarkable retail location in the highly coveted World Famous Designer District on Cedros Street, situated in the vibrant community of Solana Beach. For the first time in half a century, this extraordinary property has emerged onto the market, making it an exceptionally rare opportunity for discerning investors. Property is 100% occupied with 2 well established tenants that have 2 years remaining plus One 5-Year option. Nestled within a thriving commercial hub, vacancies in this area are a rarity, underscoring the immense value and desirability of this offering. A mere 30 feet away from the prominent intersection of Lomas Santa Fe Drive and Cedros. The Cedros Design District boasts a lively atmosphere, attracting a diverse clientele of discerning shoppers and design enthusiasts. The prime location of these two separate 4,790sf and 5592sf spaces offers tremendous flexibility, catering to a range of businesses and commercial ventures. Combine the two units (10,380 SF) seamlessly to create an expansive retail haven that will leave an indelible mark on the vibrant Solana Beach community. With a combined total of 17,662 cars passing by daily, your business will benefit from unparalleled exposure to a captive audience of potential customers. Adding to the allure of this remarkable location is its proximity to the renowned Belly Up Music Venue, a renowned cultural landmark that draws music aficionados from near and far. Now is the time to seize this extraordinary opportunity to own a large retail location in the World Famous Designer District on Cedros Street. With its unmatched visibility, exceptional foot traffic, and the buzz of cultural activity surrounding it, this property promises to be a gateway to unparalleled business success and prosperity.
Full Property Details
Full Property Details for MLS# NDP2305147
General
- Price: $9,500,000
- Status: Active
- Type: Commercial
- MLS ID: NDP2305147
- Updated: 4/25/2024
- Days on Market: 307 days
- Added to Site: 349 day(s) ago
Location
- County: San Diego
- Driving Directions: From I-5 Freeway, take Lomas Santa Fe Dr exit heading west. Left turn on Cedros Ave.
Structural Information
- # Buildings: 2
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 10382
- Square Feet: 10,382
- Year Built: 1970
- Year Built Source: See Remarks
Unit Information
- Occupancy Rate: Occupied
Lot Features
- Lot Size Source: Assessor
- Lot Features: Lot 10000-19999 Sqft, Rectangular Lot, Level, Near Public Transit
- Lot Description: Lot 10000-19999 Sqft, Rectangular Lot, Level, Near Public Transit
Financial Considerations
- Price Per Sq. Ft.: $915
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Property ID: 2980734200
Listed by Coldwell Banker West, JeffKane
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Schools
Schools serving MLS# NDP2305147
School Districts:San Dieguito Union High School District, Solana Beach School District
Rating | Name | Grades | Distance |
---|---|---|---|
159 Stevens Ave, Solana Beach, CA 92075 | 4-6 | 0.6 mi | |
780 Santa Victoria, Solana Beach, CA 92075 | K-3 | 1.4 mi | |
155 Stevens Ave, Solana Beach, CA 92075 | 7-8 | 0.5 mi | |
3710 Del Mar Heights Rd, San Diego, CA 92130 | 9-12 | 3.5 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.
Price & Sales History for MLS# NDP2305147
Date
Details
Price
Change
Source
4/25/2024
Price Reduced
$9,500,000
-7.32%
MLS
11/30/2023
Price Reduced
$10,250,000
-4.65%
MLS
5/22/2023
Listed
$10,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for MLS# NDP2305147
Year
Property Taxes
Change
Tax Assessment
Change
2022
100%
100%
2021
100%
100%
2020
100%
100%
2019
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for MLS# NDP2305147
MLS# NDP2305147, Solana Beach, CA 92075 (MLS# NDP2305147) is a Commercial property. MLS# NDP2305147 is currently listed for $9,500,000 and was received on May 22, 2023. Want to learn more about MLS# NDP2305147? Do you have questions about finding other Commercial real estate for sale in Solana Beach? You can browse all Solana Beach real estate or contact a Coldwell Banker agent to request more information.