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438 Main St 3,800 SF 100% Leased Retail Building Huntington Beach, CA 92648 $3,100,000 ($815.79/SF) 5.76% Cap Rate
Executive Summary
Coastal Commercial is pleased to offer 438 Main Street, a premier mixed-use asset located in the heart of downtown Huntington Beach. Positioned just steps from the sand and within close proximity to the iconic Huntington Beach Pier, the property offers an irreplaceable coastal location in one of Southern California’s most heavily trafficked and sought-after beach communities.
The subject property benefits from flexible mixed-use zoning, allowing investors to capitalize on a variety of uses including retail, office, or residential configurations. Combined with up to 10 on-site parking spaces—an uncommon feature for downtown Main Street properties—the asset offers both functionality and long-term upside potential. The property further benefits from its proximity to Pacific Coast Highway, which carries tens of thousands of vehicles daily, reinforcing strong visibility and accessibility for tenants and customers alike.
Downtown Huntington Beach continues to thrive as a premier coastal destination, drawing millions of visitors annually for its beaches, vibrant dining scene, and world-famous events such as the US Open of Surfing and Great Pacific Airshow. The property’s walkable location near luxury coastal hotels and high-end retail further enhances its appeal as a high-performing mixed-use investment. 438 Main Street represents a rare opportunity to acquire a pride-of-ownership asset in a high-barrier-to-entry coastal market,
supported by strong demographics, consistent tourism, and long-term appreciation potential.
The subject property benefits from flexible mixed-use zoning, allowing investors to capitalize on a variety of uses including retail, office, or residential configurations. Combined with up to 10 on-site parking spaces—an uncommon feature for downtown Main Street properties—the asset offers both functionality and long-term upside potential. The property further benefits from its proximity to Pacific Coast Highway, which carries tens of thousands of vehicles daily, reinforcing strong visibility and accessibility for tenants and customers alike.
Downtown Huntington Beach continues to thrive as a premier coastal destination, drawing millions of visitors annually for its beaches, vibrant dining scene, and world-famous events such as the US Open of Surfing and Great Pacific Airshow. The property’s walkable location near luxury coastal hotels and high-end retail further enhances its appeal as a high-performing mixed-use investment. 438 Main Street represents a rare opportunity to acquire a pride-of-ownership asset in a high-barrier-to-entry coastal market,
supported by strong demographics, consistent tourism, and long-term appreciation potential.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,800 SF
Building Class
B
Year Built
2004
Price
$3,100,000
Price Per SF
$815.79
Cap Rate
5.76%
NOI
$178,560
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.67
Lot Size
0.13 AC
Zoning
SP5 - Specific Plan
Parking
10 Spaces (2.63 Spaces per 1,000 SF Leased)
Frontage
50’ on MAIN ST
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 024-134-02 | Improvements Assessment | $580,056 |
| Land Assessment | $1,669,156 | Total Assessment | $2,249,212 |
Property Taxes
Parcel Number
024-134-02
Land Assessment
$1,669,156
Improvements Assessment
$580,056
Total Assessment
$2,249,212
Contacts
-
Nathan Holthouser -
Tram Church -
Maggie Attashian -
Rebecca Canalez -
Coastal Commercial Inc.
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