2016 El Camino RealSan Clemente, CA 92672
- Turn key restaurants
- 2,955 SF
Property Details for 2016 El Camino Real
- Year built
- 1947
- Lot size
- 0.15 AC
- Property size (Sq ft)
- 2,955 SF
- Property type
- Turn key restaurants
- APN
- 690-443-02
- APU
- 69044302
Description
Exceptional investment opportunity in San Clemente, CA, presents a thriving, established restaurant with significant upside potential. This 4,900 square foot, single-story building, constructed in 1947 and renovated in 2008, sits on a 6,300 square foot lot zoned NEC. Currently operating as a bar and restaurant under a NNN lease expiring June 1, 2026 (1.5 years remaining), the property offers a unique layout ideal for diverse operations. The included adjacent lot provides ample parking (34 spaces), a rare commodity in this beach town location. The property's versatility allows for hosting events, private parties, or catering services alongside regular restaurant operations. This owner/user investment presents a chance to capitalize on the strong coastal Orange County market, benefiting from the financial and tax advantages of property ownership. Located just one block from the Pacific Coast Highway exit off the 5 freeway in downtown San Clemente, this property enjoys high visibility and accessibility. The sale includes the existing building and an adjacent lot, totaling approximately 12,300 square feet of additional space. This presents a rare opportunity for a savvy investor or growing restaurant operator seeking a turnkey operation in a highly desirable location. The asking price is $2,595,000.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $724,791
- 6.5%
- $669,037
- 7%
- $621,249
-
Comparable approach
- Method
- Valuation
- Relative Method
- $497,378
- Geo Method
- $1,081,670
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $1,322,540
- Mixed-Use / Specialty
- $659,437
- Hospitality / Lodging
- $474,414
- Office
- $648,004
- Institutional / Educational
- $682,970
- Residential Income
- $799,075
- Multifamily
- $998,368
- Automotive / Energy
- $585,403
- Parking / Income-Based Land
- $209,144
- Restaurant / Food Service
- $327,579
- Healthcare / Senior Housing
- $683,640
Location Insight
- City
- San Clemente
- County
- Orange
- State
- California
- Latitude
- 33.4166
- Longitude
- -117.602
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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