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34294 S Coast Hwy 1,726 SF Retail Building Dana Point, CA 92624 $4,950,000 ($2,867.90/SF)
Investment Highlights
- Located in the Commercial Core district enjoying retail, restaurants, whale watching, sportfishing and the Catalina Express
- Phase 1 and 2 of formal construction for the harbor-wide revitalization began March 1, 2024 with anticipated completion by Summer 2025
- 12 Surface parking stalls on-site
Executive Summary
Cushman & Wakefield proudly presents The Rib Joint — a 1,726 square foot retail building, developed originally in 1980; an establishment well known to the Dana Point community. This highly recognizable asset is set within the heart of Dana Point, and is zoned C-CPC (Coastal Coulpet Commercial District), which was established to provide regulations which permit the development and maintenance to a wider variety of commercial retail uses. This prime owner-user opportunity is situated on the well-trafficked Pacific Coast Highway on a 0.31-acre site with its own 12-car parking lot.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,726 SF
Building Class
C
Year Built
1940
Price
$4,950,000
Price Per SF
$2,867.90
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.31 AC
Zoning
C-CPC, Dana Point - Coastal Couplet Commercial District
Parking
12 Spaces (6.95 Spaces per 1,000 SF Leased)
Frontage
129’ on S Coast Hwy
Amenities
- Restaurant
- Signage
- Signalized Intersection
Walk Score®
Very Walkable (79)
Nearby Major Retailers
Property Taxes
| Parcel Number | 682-163-06 | Improvements Assessment | $155,101 |
| Land Assessment | $882,040 | Total Assessment | $1,037,141 |
Property Taxes
Parcel Number
682-163-06
Land Assessment
$882,040
Improvements Assessment
$155,101
Total Assessment
$1,037,141
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34294 S Coast Hwy
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