CA > Pismo Beach
Pismo Beach, CA 93449,601 Hinds AVE
Pismo Beach, CA 93449,601 Hinds AVE
Pismo Beach, CA 93449,601 Hinds AVE
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
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0.33 Acres Lot
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UPDATED:

09/30/2024 06:44 PM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Rent

MLS Listing ID PI24048231

HOA Y/N No

Year Built 1925

Lot Size 0.330 Acres

Property Description

A long-time restaurant location on the prominent corner of Hinda Ave & Price St in Downtown Pismo Beach. For most of the most recent years, the Thai Talay occupied the space. Before that, it was Fish City and before that, it was Rancho BBQ. 50+ years between only three operators tells us it is an excellent location for a food & beverage operation.

The interior space is 1720 sf (+/-) and there is an additional 400 (+/-) sf exterior space with the shells of two walk-ins just outside of the kitchen area, so the total usable sf is about 2100 (+/-). There are also 25 onsite parking spaces, two storage sheds in the parking lot.

The pictures represent the current condition of the space - it very clearly needs major updating. The Landlord is willing to give a solid well-qualified operator extended periods of free rent and abated rent to allow for design, permitting, and remodeling to occur before, or shortly after rent commencment. They are also looking for a long-term tenant, so many options can be a part of the lease agreement.

The asking base rent is $2.75 sf-mo. The current CAM would be about $0.44 sf-mo, as current insurance costs are quite low. It is likely that once the building is renovated those insurance costs would go up - likely in the $0.59 sf-mo range.

Tenant reps, please submit your reasonable fee request with the lease proposal.

Location

State CA

County San Luis Obispo

Area Psmo - Pismo Beach

Interior

Fireplace No

Exterior

Total Parking Spaces 25

Building

Lot Description Corner Lot, Level

Story 1

Water Public

Others

Tax ID 005131030

Read Less Info
California Regional MLS (CRMLS)
Listed by Mark Burnes • Burnes Commercial Group • mb.ccim@gmail.com

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