For Sale
$1,980,000

530 Coast HwyOceanside, CA 92054

Prime Oceanside location, high visibility, flexible space.

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional 4,950 square foot commercial property at 530 S Coast Hwy, Oceanside, CA 92054, presents a rare owner-user or investment opportunity. Situated on a 0.12-acre corner lot in the vibrant South Oceanside area, this Class B building boasts a prime location with high foot and vehicle traffic. Currently operating at 100% occupancy with a gross lease in place until September 30, 2025, the property offers significant upside potential. The existing NOI is $27,500, while the pro-forma NOI is projected at $178,200, reflecting a significant increase in rental income. The asking price is $1,980,000, representing a current cap rate of 1.39% and a pro-forma cap rate of 9.00%. Built in 1958, this single-story building features a flexible layout suitable for retail, office, or mixed-use purposes. The space includes high ceilings, extensive window frontage, and an additional approximately 1,000 square feet of mezzanine space (not reflected in title records). A roll-up door facilitates easy access for deliveries. The property benefits from its proximity to the beach, I-5, public transportation, and local amenities. The permitted zoning is C2. This property offers a unique blend of coastal charm and commercial viability, making it an ideal investment or owner-user opportunity. The prominent mid-century modern signage adds to its curb appeal.

Highlights

  • Oceanside, CA beachfront location, less than 0.5 miles from the beach.
  • High foot and vehicle traffic.
  • Prominent mid-century modern monument signage.
  • Flexible space ideal for retail or office use.
  • Features a commercial roll-up door.
  • Excellent access to I-5 and public transportation.

Property Details for 530 Coast Hwy

Property type
Retail properties, Office properties
Square Feet
4,950 SF
Class
B
Year Built
1958
Buildings
1
Stories
1
Lot Size (sq. ft)
5,227 SF
Units
1

Location Insight

City
Oceanside
County
San Diego
State
California
Latitude
33.1899518
Longitude
-117.3740855
530 Coast Hwy, Oceanside, California

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530 Coast Hwy
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