For Sale
$1,999,999

540 El Camino RealSan Clemente, CA 92672

Highly updated building, great location

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional commercial property, located at 540 N El Camino Real in San Clemente, California (92672), presents a unique investment opportunity. The 3,244 square foot freestanding building boasts a prime location in an Opportunity Zone, directly across from Denault's Hardware, ensuring high visibility and street exposure. The property features a convenient street-to-street lot, providing access from El Camino Real to a rear alleyway, and includes 7 onsite parking spaces. The building has undergone significant recent updates, including new flooring, tile work, bathrooms, paint, and air conditioning. Three separate meters for electricity and gas, along with two AC units, offer efficient utility management. A 507 square foot loading area offers potential for expansion or separate lease. Currently, approximately 50% of the building is leased to a reputable business at $4,805 per month on a three-year lease with annual increases and a three-year option. The remaining space is available for lease at $4,000 per month, or for owner-occupancy. This meticulously maintained property offers a blend of immediate income and significant upside potential. The asking price is $1,999,999.

Highlights

  • $1,999,999 asking price.
  • Special purpose land property, 3,244 SF building, located in San Clemente, CA.
  • Located in an Opportunity Zone on North El Camino Real, across from Denault's Hardware.
  • Features 7 onsite parking spaces and a 507 SF loading area.
  • Recently renovated with new flooring, tile, bathrooms, paint, and air conditioning; three separate utility meters.
  • Partially occupied with a tenant paying $4,805/month on a 3-year lease with options.

Property Details for 540 El Camino Real

Property type
Specialty properties, Land

Location Insight

City
San Clemente
County
Orange
State
California
Latitude
33.4298712
Longitude
-117.6169323
540 El Camino Real, San Clemente, California

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540 El Camino Real
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