601 Hinds Avenue Active Save Request In-Person Tour Request Virtual Tour
Pismo Beach,CA 93449
$ 275
- Bed
0 Bath
1720 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Rent
Square Footage 1,720 sqft
MLS Listing ID CRPI24048231
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 s
Location
State CA
County San Luis Obispo
Area Listing
Building
Lot Description Corner Lot
New Construction No