727 Main StCambria, CA 93428

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

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

• CAP approach

  CAP return

  Valuation

  6%

  $235,558

  6.5%

  $217,438

  7%

  $201,907

• Comparable approach

  Method

  Valuation

  Relative Method

  $183,537

  Geo Method

  $385,498

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $446,239

  Mixed-Use / Specialty

  $207,687

  Hospitality / Lodging

  $140,686

  Office

  $197,103

  Institutional / Educational

  $212,702

  Residential Income

  $248,861

  Multifamily

  $348,235

  Automotive / Energy

  $182,316

  Parking / Income-Based Land

  $71,783.60

  Restaurant / Food Service

  $88,861.90

  Healthcare / Senior Housing

  $222,184

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

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