Active

Private Address

$9,500,000


$915.05 per sqft

Active

10,382 sqft

Commercial

Built in 1970

Listed by Jeff Kane with Coldwell Banker West 619-737-2126

AVAILABLE FOR THE FIRST TIME IN 50 YEARS! Introducing a once-in-a-lifetime chance to acquire a remarkable retail location in the highly coveted World Famous Designer District on Cedros Street, situated in the vibrant community of Solana Beach. For the first time in half a century, this extraordinary property has emerged onto the market, making it an exceptionally rare opportunity for discerning investors. Property is 100% occupied with 2 well established tenants that have 2 years remaining plus One 5-Year option. Nestled within a thriving commercial hub, vacancies in this area are a rarity, underscoring the immense value and desirability of this offering. A mere 30 feet away from the prominent intersection of Lomas Santa Fe Drive and Cedros. The Cedros Design District boasts a lively atmosphere, attracting a diverse clientele of discerning shoppers and design enthusiasts. The prime location of these two separate 4,790sf and 5592sf spaces offers tremendous flexibility, catering to a range of businesses and commercial ventures. Combine the two units (10,380 SF) seamlessly to create an expansive retail haven that will leave an indelible mark on the vibrant Solana Beach community. With a combined total of 17,662 cars passing by daily, your business will benefit from unparalleled exposure to a captive audience of potential customers. Adding to the allure of this remarkable location is its proximity to the renowned Belly Up Music Venue, a renowned cultural landmark that draws music aficionados from near and far. Now is the time to seize this extraordinary opportunity to own a large retail location in the World Famous Designer District on Cedros Street. With its unmatched visibility, exceptional foot traffic, and the buzz of cultural activity surrounding it, this property promises to be a gateway to unparalleled business success and prosperity.

NDP2305147

MLS ID

May 22, 2023

Listed

April 25, 2024

Updated

Map

Private Address

Interior Features

Total Stories

1


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

17,028 Acres


Lot Features

Level, Near Public Transit, Rectangular Lot

Other Property Details

Area Name

92075 - Solana Beach


Days on Market

297


Garage

No


Parking Total

0


View

No


County

San Diego


Pool

No


Zoning

Industrial (M-zone)


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

4/25/2024

Price Change

$9,500,000

-8%

12/1/2023

Price Change

$10,250,000

-5%

Listing Contact: 619-737-2126 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/25/2024. 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, the 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 locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 4/25/2024 at 8:42 PM UTC

 

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