Pride of ownership, newer building in the heart of Town Center Dana Point! 5,279 gross building area with 13 parking spots and 1 ADA spot behind the building and 4-5 spots o the street in front. Elevator serviced, first class property. Unit 100 is approx 527 sqft and operates as a Spa. Suite 101 is currently a hair salon with 764 approximate sqft. The top floor of approx 3,200 sqft is operating as an architectural firm at present. Town Center zoning allows retail & restaurant on the first level, residential or office on the 2nd level (possibly restaurant) and residential or office on the 3rd level, if you were to expand up. Maximum height limit is 40 feet high. This is one of the most architecturally interesting & beautiful buildings in the entire city!! Current tenants are on month to month at present but all would like to stay on and negotiate longer lease terms.
Courtesy: Harcourts Prime Properties
Courtesy: Harcourts Prime Properties
Welcome to your chance to invest in a premier property strategically situated in the heart of Capistrano Beach/Dana Point, just off Pacific Coast Highway at the Doheny Road Exit. This remarkable investment opportunity boasts a Triple-Net (NNN) long-term lease with a National Credit Tenant, making it a secure and reliable investment choice. Prime Location: Conveniently located directly off the freeway exit when entering Dana Point from Interstate 5, ensuring maximum visibility and accessibility. National Credit Tenant: Secured lease with a reputable tenant offering electric car chargers for the public, with thousands of charging stations nationwide. Tenant Improvements: State-of-the-art charging stations and equipment for electric vehicles are scheduled to be installed on-site, enhancing the property's appeal and functionality. Long-Term Income Potential: Benefit from a stable and predictable income stream with this long-term lease, providing an impressive Net Operating Income (NOI) and a favorable capitalization rate (cap rate). Beachside Advantage: Perfectly positioned across from the iconic Doheny State Beach, this property enjoys the charm of a legacy neighborhood, making it a coveted asset in an incredible beach community. Investment Appeal: With the rising demand for electric vehicle charging stations and the property's strategic location, this investment promises not only long-term income but also significant appreciation potential.
LOCATION, LOCATION, LOCATION. 34283 Pacific Coast Highway located in beautiful Dana Point. The close by Dana Point Harbor area is going under a $400 million renovation. The current property has been a scuba dive shop for 30+years. Property is zoned C-CPC (Coastal Couplet Commercial District) which is established to provide the regulation that will permit the development and maintenance of a commercial area offering a wider verity of commercial use such as retail businesses, restaurants, hotel/motel, service businesses, medical/dental, animal clinics, athletic facilities, banks, etc. You also have the ability to build up 35 ft.
SELLERS WILL ENTERTAIN 1/3-1/2 INVESTOR OR GROUP TO DO A JOINT VENTURE FOR THIS BLUFF FRONT HOTEL DEVELOPMENT OPPORTUNITY OVERLOOKING THE INCOMPARABLE DANA POINT HARBOR.CURRENT SELLER PLANS ARE FOR APPROX. 17000 SQ.FT. PREMIUM 8 LUXURY VILLAS (2 BEDROOM 2 BATH APPROX. 1500-1800 SQ. FT. EACH, ON ONE LEVEL) WITH SPACIOUS PRIVATE DECKS AND INCREDIBLE OCEAN, HARBOR AND COASTLINE VIEWS.WITH OVER 2.5 MILLION VISTORS ANNUALLY, DANA POINT HAS SOME OF THE HIGHEST OCCUPANCY RATES IN CALIFORNIA DUE TO ITS SMALL TOWN CHARM,STRIKING VIEWS,BEACH ACCESS,WATER ACTIVITIES,ANNUAL ENTERTAINMENT,PREMIER RESTURANTS AND MUCH MORE.THE HARBOR AREA IS CURRENTLY UNDERGOING A 5 YEAR, 600 MILLION DOLLAR RENOVATION WHICH WILL FURTHER INCREASE THE VALUE OF THIS LAND AND ITS DEVELOPMENT POTENTIAL.HOTEL GUEST WILL ENJOY WALKABLE ACCESS TO THE HARBOR ACTIVITIES,COASTAL HIKING TRAILS,STRANDS BEACH AND THE NEWLY DEVELOPING DOWNTOWN LANTERN VILLAGE.RESTURANT PATRONS WILL ENJOY THE SAME COASTAL ACTIVITIES,ARTS,ENTERTAINMENT AND SHOPPING.DO NOT MISS THIS TRULY ONCE IN A LIFETIME OPPORTUNITY TO OWN A PIECE OF THE MOST ICONIC BLUFF FRONT LAND IN ALL OF THE SOUTHERN CALIFORNIA RIVIERA. UPDATE: AS OF 10/30/2024 THE DANA POINT CITY COUNCIL (IN A 5-0 VOTE) APPROVED A 51 UNIT HOTEL WITH ROOFTOP POOL, BAR, AND LOUNGING AREA FOR THE PARCEL AT THE CORNER OF COVE ROAD AND GREEN LANTERN OF ALMOST IDENTICAL SQUARE FOOTAGE.THE FIRST NEW PROJECT TO BE APPROVED ON THE BLUFF IN 40+ YEARS.GREAT OPPORTUNITY FOR INVESTOR THAT CAN REQUEST ZONING CHANGE, AND WHAT IS GOING ON IN CALIFORNIA NOW FOR RESIDENIAL,MULTI FAMILY OR COMMERCIAL BASED ON VALUES THIS LOT WOULD BE WORTH 2.5 OF WHAT IS ASKING PRICE.GREAT OPPPOTUNITY WITH THIS LOCATION.
Dana Point is located in California. Dana Point, California has a population of 33,327. Dana Point is less family-centric than the surrounding county with 26.45% of the households containing married families with children. The county average for households married with children is 34.78%.
The median household income in Dana Point, California is $111,132. The median household income for the surrounding county is $100,485 compared to the national median of $69,021. The median age of people living in Dana Point is 48.5 years.
The average high temperature in July is 82.7 degrees, with an average low temperature in January of 42.5 degrees. The average rainfall is approximately 13.8 inches per year, with 0 inches of snow per year.
