34294 S Coast Hwy - Restaurant FOR SALE


Dana Point, CA 92624
$4,950,000 USD
951-236-5759
34294 S Coast Hwy, Dana Point, CA for Sale
$4,950,000 USD
Restaurant - FOR SALE
1/5
null | Request Cap Rate

34294 S Coast Hwy
Dana Point, CA 92624


HIGHLIGHTS

  • Located in the Commercial Core district enjoying retail, restaurants, whale watching, sportfishing and the Catalina Express
  • 12 Surface parking stalls on-site
  • Phase 1 and 2 of formal construction for the harbor-wide revitalization began March 1, 2024 with anticipated completion by Summer 2025

OVERVIEW

Cushman & Wakefield proudly presents The Rib Joint — a 1,726 square foot retail building, developed originally in 1980; an establishment well known to the Dana Point community. This highly recognizable asset is set within the heart of Dana Point, and is zoned C-CPC (Coastal Coulpet Commercial District), which was established to provide regulations which permit the development and maintenance to a wider variety of commercial retail uses. This prime owner-user opportunity is situated on the well-trafficked Pacific Coast Highway on a 0.31-acre site with its own 12-car parking lot.

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$2,868 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

C-CPC, Dana Point

APN/PARCEL ID

682-163-06

ASK ABOUT THIS PROPERTY

Joseph LisingCushman & WakefieldMore Info
951-236-5759

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Joseph LisingCushman & WakefieldMore Info
951-236-5759

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.