1100 Price Street, Pismo Beach, CA 93449

$750,000
1,768
SqFt
List Price
$750,000
Status
PENDING
MLS#
PI20050264
Year Built
1946
Living Sq. Ft
1,768
Days on Market
11
Property Type
Commercial
Property Sub Type
Retail

Property Description

Lee & Associates is pleased to offer the opportunity to acquire the fee simple interest (land & building) in a leased investment property in Downtown Pismo Beach. The property includes a single-tenant freestanding building that is currently leased to a longtime convenience store tenant and secured by an individual. The lease generates $30,000 per year and runs through the end of March 2025. This prime location is at the hard corner of Price Street and Wadsworth Avenue with newer developed retail and residential across the street. The property also has potential for future development. Pismo Beach is a tourist destination with nearly 2.4 million visitors spending $278 million each year.

Additional Information

Water
Public

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Calculator source: Real Geeks

Listing courtesy of Martin Indvik from Lee and Associates

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.