727 Main StCambria, CA 93428
- Retail properties
- 1,329 SF
Property Details for 727 Main St
- Year built
- 1937
- Construction
- WOOD
- Lot size
- 0.05 AC
- Property size (Sq ft)
- 1,329 SF
- Zone code
- CR
- Property type
- Retail properties
- Property subtype
- Community centers
- APN
- 022-121-017
- APU
- 22121017
Description
This exceptional retail property at 727 Main Street, Cambria, CA, presents a unique investment opportunity. Located in the desirable West Village area, this 1,329 square foot building boasts a highly visible and sought-after location with consistent high foot traffic from both tourists and locals. Currently generating steady rental income from long-term tenants, this property offers immediate return on investment. The building sits on a 0.05-acre lot and is an excellent choice for a 1031 exchange. A significant advantage is the inclusion of extra water allocations (2.38 EDUs per CCSD), providing flexibility for potential expansion or alternative uses. This prime location in the West Village ensures consistent exposure and strong potential for future growth. The asking price is $599,000. This is a rare chance to acquire a well-established, income-producing retail space in a thriving Cambria location. Don't miss this opportunity to own one of the best commercial properties in the West Village. The sale includes the building only
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $276,959
- 6.5%
- $255,654
- 7%
- $237,393
-
Comparable approach
- Method
- Valuation
- Relative Method
- $444,725
- Geo Method
- $934,092
-
Alternative Use
- Use
- Valuation
- Residential
- $215,654
- Hospitality
- $197,538
- Educational
- $164,349
- Medical
- $170,001
- Retail
- $255,654
Location Insight
- City
- Cambria
- County
- San Luis Obispo
- State
- California
- Latitude
- 35.5677
- Longitude
- -121.1
- CBSA code
- 42020
- CBSA name
- SAN LUIS OBISPO-PASO ROBLES, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].