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414-424 Main St - Shorehouse Retail Condo 4,622 SF Office/Retail Condo Unit Offered at $3,500,000 in Huntington Beach, CA 92648



INVESTMENT HIGHLIGHTS
- Brand New Construction Retail Condo
- 4600 Square Feet of Retail/Office Space
- Prime Location on Main Street in Huntington Beach
- Over 6% Cap Rate on market rents
- Designed to be demisable as 3 spaces
- Great Owner-User Potential
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- 24 Hour Access
- On-Site Retail
1 UNIT AVAILABLE
Unit 414
Unit Size | 4,622 SF | Sale Type | Investment or Owner User |
Price | $3,500,000 | Cap Rate | 6.23% |
Price Per SF | $757.25 | NOI | $218,050 |
Condo Use | Office/Retail | Sale Conditions | Build to Suit |
Unit Size | 4,622 SF |
Price | $3,500,000 |
Price Per SF | $757.25 |
Condo Use | Office/Retail |
Sale Type | Investment or Owner User |
Cap Rate | 6.23% |
NOI | $218,050 |
Sale Conditions | Build to Suit |
DESCRIPTION
Marcus & Millichap is pleased to present a retail condominium property for sale in the heart of Downtown Surf City, Huntington Beach. The property, located at 414 Main
Street, is just four blocks from the ocean, Pacific Coast Hwy, and the Huntington Beach Pier.
SALE NOTES
This brand-new retail space is located in the bottom of the luxury condominium complex Shore House, and consists of 4600 Square feet of retail space designed to be easily
demised into 3 individual spaces of approximately 1537 square feet, 1379 square feet, and 1706 square feet. Above the retail condo sits twenty open concept luxury
residential condominiums. The residential condos at Shore House are selling for roughly $1,300,000 for a 1 bed 2 bath and around $2,220,000 for a 2 bed 3 bath unit.
Residents of the condos enjoy high end amenities including private balconies, a roof top terrace, coastal views of the Huntington Beach Pier and Pacific Ocean. The subject
property is afforded 8 regular parking spaces and two handicapped spaces behind the building in the alley, but there is always ample parking for all Main street businesses
consisting of street parking and, more importantly, the Main Promenade parking structure, located on the same side of the street and just about 1.5 blocks south of the
subject property. The Main Promenade parking structure provides 830 parking spaces and is free for the first 90 minutes. Validations are available from participating
downtown merchants.
This exciting retail opportunity is just steps away from a plethora of restaurants, shops and services. The location also gives quick access to major annual events such as the
annual US open of Surfing, the Huntington Beach Air Show, and many summer events that not only bring in the local community, but international tourists as well. Annual
foot traffic along main street exceeds 10 million people per year making it a fantastic location for a variety of retail and office uses.
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
---|---|---|---|
1+1 | 20 | - | - |
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414-424 Main St - Shorehouse Retail Condo
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