610-612 Mission Ave - Restaurant FOR SALE


Oceanside, CA 92054- Downtown Oceanside
$2,600,000 USD
619-651-3412
610-612 Mission Ave, Oceanside, CA for Sale
$2,600,000 USD
Restaurant - FOR SALE
1/17
null | Request Cap Rate

610-612 Mission Ave
Oceanside, CA 92054
Downtown Oceanside


HIGHLIGHTS

  • Prime Downtown Location on Mission Ave, Oceanside’s most prominent commercial corridor, just 3 blocks from the beach in a rapidly revitalizing area
  • User or Investment, One 2,035 SF suite is leased to Angry Chickz, other 2,035 SF suite is vacant and in shell condition, ideal for business to occupy
  • High Foot Traffic & Visibility on Mission Ave, widened sidewalks, angled parking, landscaping all increasing pedestrian & customer activity
  • Modernized & Move-In Ready, full renovation in 2017, including a seismic retrofit, upgraded utilities, and a refreshed exterior facade
  • Rare On-Site Parking, 8 private parking spaces with alley access, a valuable amenity in Downtown Oceanside’s high-demand commercial district
  • Thriving Business/Tourism Environment, near new residential developments, luxury beach resorts, and a growing mix of restaurants and retailers

OVERVIEW

The Totah Group of Marcus & Millichap has been retained on an exclusive basis to market for sale 610-612 Mission Ave, Oceanside, CA, 92054. Located in Downtown Oceanside, the building spans 4,070 square feet and featuring about 50 feet of frontage on Downtown Oceanside’s most prominent street. The building features two suites, both 2,035 square feet each and is currently 50% leased to Angry Chickz, a spicy fried chicken restaurant that has 28 locations in California, Arizona, Nevada and Texas. The tenant has been at this location for about five years. The other suite is vacant and in shell condition presenting a phenomenal opportunity for another restaurant operator or retailer to come in and own the real estate and operate their business at this location in one of San Diego’s fastest gentrifying neighborhoods. The building was completely torn down to the studs and repositioned in 2017/2018. Some features include exposed barrel roof with wood trusses, new storefronts, with roll up glass doors, earthquake retrofit, upgraded utilities, and a new exterior façade. The property also features 8 parking spaces in the rear with alley access. The remodeled Mission Avenue with widened sidewalks, new landscaping, angled parking and excellent walkability just blocks from the beach and new residential projects, and beach resorts make this an ideal opportunity for restaurants or retailers to plant their flag in the newly shaped and growing Downtown Oceanside.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$639 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Mission Collective

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1939

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

D-2

APN/PARCEL ID

147-096-04

ASK ABOUT THIS PROPERTY

Nick TotahMarcus & MillichapMore Info
619-651-3412

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Nick TotahMarcus & MillichapMore Info
619-651-3412

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