216 Main StSeal Beach, CA 90740

  • Retail space
  • 1,500 SF
For Lease
$49.80/SF/YR View listing

Property Details for 216 Main St

Year built
1920
Lot size
0.07 AC
Property size (Sq ft)
1,500 SF
Property type
Retail space
APN
199-043-15
APU
19904315

Description

This exceptional 1,500 square foot retail space is ideally situated on Seal Beach's vibrant Main Street, offering unparalleled street-front visibility and high foot traffic. Previously occupied by Sun Newspapers, the property boasts a spacious open area perfect for retail displays or office layouts. A private office, easily adaptable as a small conference room, adds functionality, complemented by a convenient storage area, restroom, and kitchenette. A unique advantage is the inclusion of three tandem parking spaces (a total of six spaces) located behind the building—a rare amenity on Main Street. The property's zoning, MSSP (Main Street Specific Plan), allows for a diverse range of uses, including restaurants, coffee shops, personal services, retail sales, and office spaces, with upper floors potentially dedicated to office use. This versatile space presents a fantastic opportunity for businesses seeking a prominent location in the heart of Seal Beach. The property's ample parking and flexible zoning make it an attractive option for a variety of commercial ventures. Further details on permitted uses can be found in the Seal Beach Municipal Code. The property is located at 216 Main Street, Seal Beach, CA 90740.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $408,915
    6.5%
    $377,460
    7%
    $350,498
  • Comparable approach

    Method
    Valuation
    Relative Method
    $567,378
    Geo Method
    $1,205,744
  • Alternative Use

    Use
    Valuation
    Residential
    $318,401
    Hospitality
    $291,654
    Educational
    $242,653
    Medical
    $250,998
    Retail
    $377,460

Location Insight

City
Seal Beach
County
Orange
State
California
Latitude
33.7418
Longitude
-118.104
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$16,057
$1,160,585
$232,114
$1,392,699
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