414-424 Main St - Apartments CONDO FOR SALE


Huntington Beach, CA 92648- Downtown Huntington Beach
$3,500,000 USD
310-408-4364
414-424 Main St, Huntington Beach, CA for Sale
$3,500,000 USD
Apartments CONDO - FOR SALE
1/9
null | 6.23% Cap Rate

414-424 Main St
Huntington Beach, CA 92648
Downtown Huntington Beach


HIGHLIGHTS

  • Brand New Construction Retail Condo
  • Over 6% Cap Rate on market rents
  • 4600 Square Feet of Retail/Office Space
  • Designed to be demisable as 3 spaces
  • Prime Location on Main Street in Huntington Beach
  • Great Owner-User Potential

OVERVIEW

This brand-new retail space is located in the bottom of the luxury condominium complex Shore House, and consists of 4600 Square feet of retail space designed to be easily demised into 3 individual spaces of approximately 1537 square feet, 1379 square feet, and 1706 square feet. Above the retail condo sits twenty open concept luxury residential condominiums. The residential condos at Shore House are selling for roughly $1,300,000 for a 1 bed 2 bath and around $2,220,000 for a 2 bed 3 bath unit. Residents of the condos enjoy high end amenities including private balconies, a roof top terrace, coastal views of the Huntington Beach Pier and Pacific Ocean. The subject property is afforded 8 regular parking spaces and two handicapped spaces behind the building in the alley, but there is always ample parking for all Main street businesses consisting of street parking and, more importantly, the Main Promenade parking structure, located on the same side of the street and just about 1.5 blocks south of the subject property. The Main Promenade parking structure provides 830 parking spaces and is free for the first 90 minutes. Validations are available from participating downtown merchants. This exciting retail opportunity is just steps away from a plethora of restaurants, shops and services. The location also gives quick access to major annual events such as the annual US open of Surfing, the Huntington Beach Air Show, and many summer events that not only bring in the local community, but international tourists as well. Annual foot traffic along main street exceeds 10 million people per year making it a fantastic location for a variety of retail and office uses.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$757 USD /SF

CAP RATE

6.23%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Shorehouse Retail Condo

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

23,846 SF

STORIES

4

BUILDING CLASS

B

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,602 SF

ZONING

SP6

APN/PARCEL ID

024-134-04,024-134-05,935-19-546

ASK ABOUT THIS PROPERTY

Joseph LinkogleMarcus & MillichapMore Info
310-408-4364

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Joseph LinkogleMarcus & MillichapMore Info
310-408-4364

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