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$7,200,000
Est. payment /mo
9,048 SqFt
Active
303 Crescent Avenue Avalon, CA 90704
UPDATED:
10/30/2024 10:39 PM
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 9,048 sqft
Price per Sqft $795
MLS Listing ID CRSB24220823
HOA Y/N No
Year Built 1982
Lot Size 4,347 Sqft
Acres 0.1
Property Description
Catalina Island ~ Avalon front street prime location, retail / residential building. Built in 1982 this 3-story building has 9,048 sq ft +/- of rentable space. Retail space 6,000 sq ft +/- is currently being used by a prominent bank which is the only bank in the town of Avalon, and a second local business. The upstairs 3,048 sq ft +/- penthouse apartment offers luxurious living space with an amazing view of the harbor and 4 Bedrooms, 2.5 Bathrooms to accommodate many guests. Other features include spacious living room with a bar and balcony. Elevator to accommodate accessibility. Two private outdoor patios to use as you please, and the property comes with a short-term rental license so you can generate additional income by renting out this highly desirable space. This property is literally next to the beachfront, restaurants, bars, and retail shops. Avalon is a wonderful place to escape to and work remotely. Seize this investment opportunity to own one of Avalon's premier retail spaces and make your fantasies a reality.
Location
State CA
County Los Angeles
Area Listing
Zoning AVC1
Interior
Interior Features Elevator
Heating Forced Air, Other
Cooling None
Fireplace No
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Other, Cable Available
Building
New Construction No
Others
Tax ID 7480017023
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Listed by Jordan Lake • Catalina Realtors