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Tin Fish Oceanside 302 N The Strand

900 SF Retail Building Oceanside, CA 92054 $1,555,167 CAD ($1,728 CAD/SF) 7% Cap Rate

Executive Summary

A great investment opportunity with a prime location at the base of Oceanside Pier! The EBITDA is excellent and one of the best you will see in the Restaurant arena. With a super low 6% of gross annual revenue for the Commercial Lease Agreement, the profit margin is top-notch. Any interested offers will have to write up a Business Proposal for the Tin Fish and will be reviewed by the City of Oceanside. The Commercial Lease term will initially be for 2 years with a 3rd year extended option as there will also a renovation project to refurbish the Oceanside Pier and rebuild the area. Once completed there will be a new and improved Tin Fish and a longer Lease Term provided when reviewed by the City of Oceanside!

Financial Summary (Actual - 2023)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $108,862 $120.96
Other Income - -
Vacancy Loss - -
Effective Gross Income $108,862 $120.96
Net Operating Income - -

Financial Summary (Actual - 2023)

Gross Rental Income (CAD)
Annual $108,862
Annual Per SF $120.96
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $108,862
Annual Per SF $120.96
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
Ground Lease (Leasehold)
Property Type
Retail
Property Subtype
Restaurant
Building Size
900 SF
Building Class
C
Year Built
2012
Price
$1,555,167 CAD
Price Per SF
$1,728 CAD
Cap Rate
7%
NOI
$108,862 CAD
Business Value
$1,559,075 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.11 AC
Zoning
C - Commercial

Amenities

  • Food Court
  • Restaurant

About 302 N The Strand , Oceanside, CA 92054

Uncover an extraordinary investment opportunity with The Tin Fish, a renowned restaurant located directly under the iconic Oceanside Pier. This commercial property not only offers unparalleled ocean views and a prime foot traffic location, but also a beloved spot with a strong customer base. Key Features: Location, Location, Location: Nestled beneath Oceanside Pier, The Tin Fish boasts stunning ocean views and is a magnet for both locals and tourists alike. Established Brand: With a reputation for quality and a loyal clientele, this restaurant is a trusted name in Oceanside’s dining scene. Turn-Key Operation: Fully equipped kitchen with top of the line equipment, and outdoor seating to enjoy the scenic beauty of the Pacific. High Visibility: Benefit from the constant stream of visitors to the pier, beach, and nearby attractions. Versatile Space: Ideal for events, casual dining, and special occasions with its adaptable layout and inviting ambiance. Parking & Accessibility: Convenient nearby parking and accessibility features make it easy for guests to visit. Don't Miss Out on This Rare Gem! Seize this rare chance to own a piece of Oceanside's culinary legacy. Whether you're an experienced restaurateur or an investor looking for a prime property with endless potential, The Tin Fish offers an unmatched combination of location, brand value, and opportunity.

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Batbayar Bat-Orchir
  • -
  • 900 SF
  • -
  • Apr 2025
Tenant Industry SF OCCUPIED RENT/SF Lease End
Batbayar Bat-Orchir - 900 SF - Apr 2025
Walk Score ®
Walker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Beach Hut Deli
Burgerim
Bank of America
Mission Federal Credit Union
Chase Bank
Walmart Neighborhood Market
Starbucks
Alberto's Mexican Food
Denny's
L & L Hawaiian Barbecue
  • Listing ID: 33551147

  • Date on Market: 2024-10-17

  • Last Updated:

  • Address: 302 N The Strand, Oceanside, CA 92054

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