For Sale
$3,500,000

16232 Pacific Coast Hwy Huntington Beach, CA 92649

Profitable Restaurant, Ocean-View Location

Overview

Added:
Dec 11, 2024
Days on market:
135
Exceptional investment opportunity: a thriving restaurant in Huntington Beach, California. This freestanding, 3,121 square foot building sits on a 0.28-acre lot at 16232 Pacific Coast Highway, just one block from the ocean and near Seal Beach. Built in 1960 and extensively renovated in 2022, the property boasts 15 parking spaces and is zoned for commercial use. The current restaurant operation offers a strong net operating income (NOI) of $175,000, resulting in a 5.00% capitalization rate. The asking price for the entire property is $3,500,000. The property includes a transferable full liquor license. The city permits a change of concept, or the existing restaurant business can be purchased separately for $349,000. This prime location attracts both tourists and locals, making it an ideal investment for owner-users or those seeking a high-return opportunity. The property's APN is 178-581-21. This is a 100% ownership opportunity.

Highlights

  • Free-standing building on Pacific Coast Highway (PCH) in Huntington Beach, one block from the ocean, near Seal Beach.
  • High-traffic location frequented by tourists and locals.
  • Existing restaurant available for purchase ($349,000) or adaptable to your concept.
  • Transferable full liquor license.

Property Details for 16232 Pacific Coast Hwy

Property type
Retail properties, Restaurants
Square Feet
3,121 SF
Year Built/Renovated
1960/2022
Buildings
1
Stories
1
Lot Size (sq. ft)
12,197 SF

Location Insight

City
Huntington Beach
County
Orange
State
California
Latitude
33.7264607
Longitude
-118.0803754

FAQs

What type of property is this?
Retail property - Profitable Restaurant, Ocean-View Location
Where is the retail property located?
The property is located at 16232 Pacific Coast Hwy Huntington Beach, CA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Free-standing building on Pacific Coast Highway (PCH) in Huntington Beach, one block from the ocean, near Seal Beach.; High-traffic location frequented by tourists and locals.; Existing restaurant available for purchase ($349,000) or adaptable to your concept.
How can I contact the broker?
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16232 Pacific Coast Hwy
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