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40 Main St 1,496 SF 100% Leased Office Building Pacific Beach, WA 98571 $550,000 ($367.65/SF)
Investment Highlights
- Main street entrance & storefront
- Ready for multiple uses
- Open floorplan
Executive Summary
Versatile commercial space, less than a mile from the Pacific Ocean. Main Street in Pacific Beach is growing, with a very bright future! Pacific Beach is desirable not only for its incredible beach access and views of the Pacific, but also for its close proximity to the New Urbanist community of Seabrook, which draws in thousands of tourists year round. Pacific Beach offers opportunity with a much smaller price tag, and no barrier to entry. The 40 Main space has so much to offer with an open floorplan on the main level, supported by a partial commercial kitchen in the rear. You can turn this main floor square footage into retail space for whatever you might have in mind, OR the entire space could be re-imagined for nighty rental use. There are two rooms upstairs that can either work as bedrooms, or be rented out as offices. Upstairs has an exterior entrance & 3/4 bath. You could even live upstairs & run a business downstairs. Located in an Opportunity Zone, maximize revenue and take advantage of the tax benefits of opening a business or just owning commercial property at this walkable, picturesque little beach town!
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
1,496 SF
Building Class
C
Year Built/Renovated
1940/2024
Price
$550,000
Price Per SF
$367.65
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
1,000 SF
Building FAR
0.43
Lot Size
0.08 AC
Opportunity Zone
Yes
Zoning
C2 - C2 Retail Commerciall
Parking
3 Spaces (2.01 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 795500300100 | Improvements Assessment | $286,491 |
| Land Assessment | $59,800 | Total Assessment | $346,291 |
Property Taxes
Parcel Number
795500300100
Land Assessment
$59,800
Improvements Assessment
$286,491
Total Assessment
$346,291
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Presented by
Spivey Realty Group, LLC
40 Main St
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