Active
680 S Coast Hwy
Laguna Beach CA, 92651
$15,000,000
$1,389.40 per sqft
Active
10,796 sqft
Commercial
Built in 2023
Listed by Sam Mu with Pinnacle Real Estate Group 626-888-9808
State-of-the-Art Free-Standing Structure. The Red Dragon Building For Sale (Only building not business)
A Rare and Exceptional Investment Opportunity. Impressive CAP rate of 5.6%
Long-Term (10) Year Lease Absolute NNN Lease With Annual 3% Increases
Full-service bar and restaurant featuring an Ocean View Terrace on the 3rd Floor
Contemporary exterior & interior masterfully envisioned by acclaimed Laguna Beach architect
Cutting-edge commercial kitchens spanning the 1st and 2nd floors, equipped with the latest culinary technology and a spacious walk-in cooler/freezer
Unparalleled Platinum Location in Laguna Beach: 7 min stroll to Main Beach Park, 6 min walk to Downtown, 3 min jaunt to HIP District. Exceptional proximity to designated parking areas, boutiques, eateries, art galleries, and renowned hotels. Boasting a walk score of #96
OC23208337
MLSⓇ ID
November 9, 2023
Listed
March 28, 2024
Updated
Map
680 S Coast Hwy
Laguna Beach CA, 92651
Interior Features
Total Stories
3
Laundry Description
See Remarks
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.13 Acres
Lot Features
Walkstreet
Other Property Details
Area Name
LV - Laguna Village
Days on Market
123
Garage
No
View
No
County
Orange
Water Source
Public
Pool
No
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
|---|---|---|
12/13/2023 | Price Change | $15,000,000 7% |
Listing Contact: 626-888-9808
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/28/2024. 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.
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Data last updated on 3/28/2024 at 3:29 PM UTC