307 N El Camino Real
San Clemente, CA 92672
0.18 acres | #OC25078296
Description
This prime commercial property is situated in the heart of Downtown
San Clemente along the highly visible and well-trafficked El Camino Real
corridor. The subject property is being offered at land value with the
potential for new development. The property consists of two parcels
totaling approximately 8,000 square feet with excellent frontage and
accessibility from both El Camino Real and Avenida de la Estrella.
Currently there is a small building on one of the parcels that is leased to
a massage tenant for $5,000 a month gross rent, and the tenant is on a
month-to-month lease.
The land is zoned Downtown Mixed-Use (MU 3.0). The downtown area
(MU 3.0) is defined in the San Clemente General Plan as the symbolic
"core" of the City, maintaining its pedestrian-oriented village character.
The MU 3.0 zone allows a vertical or horizontal mix of Neighborhood
Serving Commercial (NC) and Community Serving Commercial (CC) —
Attached and multifamily housing is permitted on the second floor or
higher. Commercial development—(nonresidential uses) are allowed in
this zone such as community and tourist-serving retail commercial,
entertainment, restaurants, offices, institutional and public uses.
Residential uses accompanying commercial development are
accommodated within this zone. Along with enhancing the pedestrian
nature of downtown, the inclusion of residential uses into commercial
development will provide housing opportunities for employees and
owners of commercial establishments, as well as others interested in
living in the downtown area.
The subject property presents an outstanding opportunity for an
investor, developer, or business owner looking to establish a presence in
this highly sought-after coastal market.
Property Details
- Lot DescriptionZeroToOneUnitAcre
- Original List Price$3,200,000
- MLS #OC25078296
- MLS #OC25078296
- Property TypePurchase
- Property SubtypeMixedUse
- Cost3200000
- Acres0.1837
- Utility SourcePublic
- CountyOrange
- Year Built1927
- Stories1
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Nathan Holthouser (#OCHOLTNAT)
Listing Office: COASTAL COMMERCIAL (#OC18146)
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