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131 Orange Ave - Coronado City Views
1,988 SF Office/Retail Condo Unit Offered at $2,600,000 in Coronado, CA 92118
Investment Highlights
- Heavy Traffic
- Prime Location
- Lots of Street Exposure
Executive Summary
Unique opportunity consisting of 2 units in 1 premier mixed-use property. A combined 1,988 sqft of versatile space, 788 sqft leased as Accalia Salon & 1,200 Sqft as Peak Health Group. Upscale residential units above. Ideally situated on the prestigious Orange Avenue on Coronado Island, unparalleled exposure with proximity to high-end restaurants, boutique shops, and luxury homes. This elegant property boasts remarkable architecture, featuring ten-foot mahogany doors, refined courtyard fountain entry.
Property Facts Under Contract
| Price | $2,600,000 | Building Class | C |
| Unit Size | 1,988 SF | Floors | 1 |
| No. Units | 1 | Typical Floor Size | 1,988 SF |
| Total Building Size | 1,988 SF | Year Built | 2007 |
| Property Type | Retail (Condo) | Lot Size | 0.40 AC |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 2.01/1,000 SF |
| Sale Type | Investment | Sale Conditions | 1031 Exchange |
| Price | $2,600,000 |
| Unit Size | 1,988 SF |
| No. Units | 1 |
| Total Building Size | 1,988 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Sale Type | Investment |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 1,988 SF |
| Year Built | 2007 |
| Lot Size | 0.40 AC |
| Parking Ratio | 2.01/1,000 SF |
| Sale Conditions | 1031 Exchange |
1 Unit Available
Unit 100 & 103
| Unit Size | 1,988 SF | Sale Status | Under Contract |
| Price | $2,600,000 | No. Parking Spaces | 4 |
| Price Per SF | $1,307.85 | Sale Conditions | 1031 Exchange |
| Condo Use | Office/Retail | APN/Parcel ID | 536-101-28-15 |
| Sale Type | Investment |
| Unit Size | 1,988 SF |
| Price | $2,600,000 |
| Price Per SF | $1,307.85 |
| Condo Use | Office/Retail |
| Sale Type | Investment |
| Sale Status | Under Contract |
| No. Parking Spaces | 4 |
| Sale Conditions | 1031 Exchange |
| APN/Parcel ID | 536-101-28-15 |
Description
Unique opportunity consisting of 2 units in 1 premier mixed-use property. A combined 1,988 sqft of versatile space, 788 sqft leased as Accalia Salon & 1,200 Sqft as Peak Health Group. Upscale residential units above. Ideally situated on the prestigious Orange Avenue on Coronado Island, unparalleled exposure with proximity to high-end restaurants, boutique shops, and luxury homes. This elegant property boasts remarkable architecture, featuring ten-foot mahogany doors, refined courtyard fountain entry.
Sale Notes
Front unit #100 is current under lease until 2029 with very prominent salon Accalia Salon. Lease terms is for 788 Sqft at $4,100/month for 5 years with an option to renew lease after 5 years. Owner operating unit #103 occupies the remains 1,200 soft, he would like to see then start up a new lease for his medical practice which is currently operating out of this space. Lease terms negotiable. He is flexible so if a lease after the sale is not an option he would be willing to entertain vacant the space.
Nearby Major Retailers
-
David Jefferson -
Weichert Realtors SoCal Living
Presented by
131 Orange Ave - Coronado City Views
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