204 N Coast Highway 101 | Encinitas, CA 92024
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204 N Coast Highway 101
Encinitas, CA 92024
204 N. Coast Hwy 101, Encinitas · Retail Property For Sale · 6,657 SF Total
Investment Highlights
- 0.5 miles from the Encinitas Coaster & Transit Station
- 115 feet of Hwy 101 street frontage
- 84/100 Walk Score
- Encinitas’ most expansive zoning
- 3 blocks from the beach
Executive Summary
:: Residential Development Opportunity / Covered Land Play ::
Cushman & Wakefield is pleased to present a very rare opportunity to purchase an ideally situated property along the Historic Coast Highway 101 in Encinitas. 204 North Coast Highway is steps from downtown Encinitas and Moonlight Beach. The property has N-CM-2 zoning allowing up to 25 DU/AC or 21 units (utilizing state density bonus law) in a 100% residential or mixed-use setting. The property is currently occupied by Caliber Collision on a short-term lease with no options to renew. This allows an investor or a developer in place NNN income while working through their entitlements. This property presents several opportunities:
-New Development - Expansive Commercial/Residential Mixed Use Zoning Options
-Adaptive Re-Use
-Development Future Development Opportunity through state law progression
PREMIER LOCATION Located in the Leucadia neighborhood of Encinitas, the Property is walking distance to a vast array of retail and restaurant amenities, scoring a 84/100 Walk Score. 0.5 miles from the Encinitas COASTER & Transit Station.
FLEXIBLE OPPORTUNITY Encinitas’ most expansive zoning - allowing for most commercial activities, including restaurants, as well as multi-family residential (25 units per acre)
EXCELLENT VISIBILITY Positioned along North Coast Hwy 101 with 115 feet of street frontage and 18,347 ADT, the Property offers excellent visibility and signage opportunities.
AFFLUENT DEMOGRAPHICS Within a 1-mile radius, the average annual household income is $161,339. The median home sale price within the Leucadia neighborhood of Encinitas is $2,650,500.
PROXIMITY TO THE BEACH Unmatched location just 3 blocks from the beach.
Cushman & Wakefield is pleased to present a very rare opportunity to purchase an ideally situated property along the Historic Coast Highway 101 in Encinitas. 204 North Coast Highway is steps from downtown Encinitas and Moonlight Beach. The property has N-CM-2 zoning allowing up to 25 DU/AC or 21 units (utilizing state density bonus law) in a 100% residential or mixed-use setting. The property is currently occupied by Caliber Collision on a short-term lease with no options to renew. This allows an investor or a developer in place NNN income while working through their entitlements. This property presents several opportunities:
-New Development - Expansive Commercial/Residential Mixed Use Zoning Options
-Adaptive Re-Use
-Development Future Development Opportunity through state law progression
PREMIER LOCATION Located in the Leucadia neighborhood of Encinitas, the Property is walking distance to a vast array of retail and restaurant amenities, scoring a 84/100 Walk Score. 0.5 miles from the Encinitas COASTER & Transit Station.
FLEXIBLE OPPORTUNITY Encinitas’ most expansive zoning - allowing for most commercial activities, including restaurants, as well as multi-family residential (25 units per acre)
EXCELLENT VISIBILITY Positioned along North Coast Hwy 101 with 115 feet of street frontage and 18,347 ADT, the Property offers excellent visibility and signage opportunities.
AFFLUENT DEMOGRAPHICS Within a 1-mile radius, the average annual household income is $161,339. The median home sale price within the Leucadia neighborhood of Encinitas is $2,650,500.
PROXIMITY TO THE BEACH Unmatched location just 3 blocks from the beach.
PROPERTY FACTS Under Contract
Sale Type | Investment or Owner User | Individually For Sale | 0 |
Status | Under Contract | Total Building Size | 6,657 SF |
Number of Properties | 2 | Total Land Area | 0.57 AC |
Sale Type | Investment or Owner User |
Status | Under Contract |
Number of Properties | 2 |
Individually For Sale | 0 |
Total Building Size | 6,657 SF |
Total Land Area | 0.57 AC |
Properties
Property Name / Address | Property Type | Size | Year Built | Individual Price |
---|---|---|---|---|
204 N Coast Highway 101, Encinitas, CA 92024 | Retail | 4,081 SF | - | - |
204 N Coast Highway 101, Encinitas, CA 92024 | Retail | 2,576 SF | - | - |
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