1740 S Coast Highway, Laguna Beach, CA 92651

$14,995,000
10,798
SqFt
List Price
$14,995,000
Status
ACTIVE
MLS#
OC19252830
Year Built
1981
Living Sq. Ft
10,798
Days on Market
161
Property Type
Commercial
Property Sub Type
Retail

Property Description

• Landmark Laguna Beach Commercial Property — Recently rebuilt Trophy Restaurant and Lounge with Roof Top Deck boasting stunning ocean views. • Prime Location — Situated in Laguna Beach’s “Hip District”, a unique tourist destination consisting of art galleries, restaurants and boutiques. • Invaluable Entitlements — Full liquor license and entertainment license which allow for maximization of restaurant & entertainment uses. • Rare On-Site Parking — The property features 41 onsite spaces along with valet tent for arriving guests. • High Barriers to Entry — Minimal vacancy in an established coastal community with limited future competition from new or redeveloped properties due to a scarcity of available land. • High Visibility — Traffic count on Pacific Coast Highway and Agate St is approximately 40,000 cars per day. • Affluent Demographics & Tourist Destination — Located between the Montage Hotel and the Surf & Sand Resort. This landmark property is a destination location for both residents and tourists in this coastal community.

Additional Information

Water
Public

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Kevin Bayless from Bayless Real Estate

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