Located in the heart of South Laguna overlooking Table Rock Beach, this unique ocean-view property fronts Pacific Coast Highway, is highly visible, and has served as a successful restaurant space for years (Thai by the Sea). Consisting of two adjacent parcels, the property encompasses two separate structures, plus parking for 5 or 6 cars. The front structure is a 2-level remodeled restaurant space directly on Coast Highway, with kitchen area, bathroom, indoor and outdoor customer seating at street level (~1255 sf), plus additional bathrooms, storage and laundry space underneath (~300 sf). Further, the crawlspace underneath could be improved for additional retail/restaurant space (~900 sf unfinished). The rear structure is a remodeled single-level "studio" which can serve as additional restaurant space, or an entirely separate retail space such as a boutique or yoga studio (~400 sf). The two structures are separated by a private, gated, landscaped, flat, decomposed-granite courtyard which may also serve as additional eating space. Improvements include new flooring and vaulted ceilings, new bathrooms, doors and windows. South Laguna is an up-and-coming village neighborhood that embodies the original "true Laguna" vibe and beach culture. Wine and beer license are transferable to the new owner.
MLS# | LG25012294 |
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Listing Type | For Sale |
Style | Retail |
Sub-Type | Resale |
Status | Active |
Year | 1950 |
Days On Site | 43 |
Listing Provided By | Coldwell Banker Realty 949-499-1320 | Kenneth Guziak |
SQ Feet | 1,955 |
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Story(s) | 2 |
Building(s) | 2 |
Zoning | COM |
Acreage | 0.14 |
Water Front | Yes |
State | CA |
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County | Orange |
City | Laguna Beach |
Zip Code | 92651 |
Area | SL South Laguna |
Listing VS Median (In 92651) | |
Price: $2,675,000 low | high Med: $387,000 SqFt: 1,955 low | high Med: 1,209 $ / SqFt: $1,368 low | high Med: $320 On site: 43 low | high Med: 95.000000 |