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402 Main Street, Huntington Beach, CA

$6,950,000 - $7M Price - 20,473 Lot Sq. Ft - 70 DOM

Last large parcel located 3-blocks from the beach and adjacent to Huntington Beach Main Street Promenade with over 20,000 square feet of lot for future development. Existing structure was extensively renovated and retrofitted between 1991 and 2014 and brought to current code standard. At top of Promenade at corner of Main Street and Orange--2 busy through streets. Very large parking area with 28 spaces. Has been considered for all Main Street mixed uses from Condos to Clubs. Current long term tenant made significant capital improvements to the structure. Current lease ends in 2024 with 2 five year options to extend to 2029 and to 2034 with adjusted rent increases. Master Tenant sub-lease to Hair Salon. Very secure cash flow NNN investment with huge potential for appreciation and future development with minimal management needed by owner. See agent confidential remarks for rent adjustment schedule. Offering includes 3 contiguous parcels, end of block 024-134-06/07/08, with all structures and improvements: 2 retail stores and large parking lot. Multiple mixed uses possible for land future development, residential or commercial.

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Essential Information

For 402 Main Street, Huntington Beach, CA
  • MLS® # PW20161323
  • Price $6,950,000
  • Lot Square Footage 20,473
  • Type Lot-Land
  • Sub-Type Lots and Land
  • Status Active

Community Information

For 402 Main Street, Huntington Beach, CA

Amenities

For 402 Main Street, Huntington Beach, CA
  • View No View

Utilities

For 402 Main Street, Huntington Beach, CA

Cable Available, Electricity Connected, Natural Gas Connected, Telephone - On Property, Sewer Connected, Water Connected

Exterior

For 402 Main Street, Huntington Beach, CA

Lot Description

For 402 Main Street, Huntington Beach, CA

Corner Lot, Level with Street, Lot 20000-39999 Sqft, Lot Shape-Rectangular, Near Public Transit, Paved, Utilities - Overhead, Walkstreet

Additional Information

For 402 Main Street, Huntington Beach, CA
  • Date Listed August 8th, 2020
  • Days on Market 70
  • Zoning Commercial

402 Main Street Huntington Beach MLS® #PW20161323

You are viewing the for at 402 Main Street with the MLS® PW20161323 on Previewochomes.com. This at 402 Main Street, CA . 92648 is located in the Downtown Area (DOWN) subdivision and is currently for featuring a 20473 sq.ft. lot and listed for sale at $6,950,000. This for at 402 Main Street with the MLS® # PW20161323 has been listed since 2020-08-08.

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Based on information from California Regional Multiple Listing Service, Inc. as of October 20th, 2020 at 2:19am PDT. 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.

Property Listed By: Steven Wilcoxon(00657836) of Steven Wilcoxon R.E. Broker