Investment Property: City Center Plaza, Seaside



For Sale
Asking Price:$5,950,000
Project Description: Investment Property
APN: 012-183-001/2/3/4
Property Type: Mixed-Use: Residential/Retail
Location: 1530-1534 Fremont Blvd, Seaside
Land Area: 46,761 +/- SF
Bldg Area: 31,927 +/- SF
Primary: Primary Retail
Comments:
  • Great Investment Opportunity with Upside Potential
  • Cap Rate - 6.9+%
  • GRM - 10.7

33 Residential Units plus 12,792 +/-SF of Retail
Condominium Conversion in process.  RBF to commence Initial Study in June 2008
Opposite new DBO Retail center (under construction)
    Asking Leasing Rate $3.25/SF/MO NNN (see pdf file for Lease Pkg)
On-Site Parking: 53 Spaces (34 Covered)

Adjacent Lot Available - $595,000

City of Seaside Inclusionary Housing, see City of Seaside Munipal Cod - Title 17 - Zoning Ordinance, Chapter 17.31 - Affordable Housing Requirements and Chapter 17.32 - Affordable Housing Incentives


Available PDFs
PDF Draft Alternative Plan - West Broadway Specific Plan
PDF For Sale Flyer - CCP
PDF For Sale Flyer - Adjacent Parcel
PDF Annoucement of Fresh & Easy Lease
PDF SUMMARY OF CONSTRUCTION/BUILDING DETAILS
PDF City Center - Floor Plans
PDF PTR - Chicago Title Company
PDF Orosco - City Center Leasing Package
PDF JCP Commercial Env Report 1534 Del Monte
PDF JCP Commercial Env Report 1510 Fremont
PDF Natural Hazard Disclosure Report


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