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Laguna Beach, CA 92651 680 S Coast Hwy

$15,000,000

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Presented By: Sam Mu with Pinnacle Real Estate Group; 949-258-2228
  • MLS# OC23208337
  • 11/11/2023
  • Request Tour
  • Request Info
  • FootageSQFT • 10,796

Home Details

State-of-the-Art Free-Standing Structure. The Red Dragon Building For Sale (Only building not business) A Rare and Exceptional Investment Opportunity. Impressive CAP rate of 5.6% Long-Term (10) Year Lease Absolute NNN Lease With Annual 3% Increases Full-service bar and restaurant featuring an Ocean View Terrace on the 3rd Floor Contemporary exterior & interior masterfully envisioned by acclaimed Laguna Beach architect Cutting-edge commercial kitchens spanning the 1st and 2nd floors, equipped with the latest culinary technology and a spacious walk-in cooler/freezer Unparalleled Platinum Location in Laguna Beach: 7 min stroll to Main Beach Park, 6 min walk to Downtown, 3 min jaunt to HIP District. Exceptional proximity to designated parking areas, boutiques, eateries, art galleries, and renowned hotels. Boasting a walk score of #96
Presented By: Sam Mu with Pinnacle Real Estate Group; 949-258-2228

Interior Features for 680 S Coast Hwy

Other Interior Features

LivingAreaSourceEstimated
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesSeeRemarks
Total Stories3

Other Rooms

Entry Level1

General for 680 S Coast Hwy

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Building NameThe Red Dragon Building
Business TypeBarTavernLounge, Restaurant
Carport Y/NNo
CityLaguna Beach
CountyOrange
Days on Market170
DirectionsTake the CA-133 S / Laguna Beach exit toward Pacific Coast Hwy. Turn left onto S Coast Hwy. The destination will be on your left
ElectricItem220VoltsinKitchen
Garage Y/NNo
HOA / Comm AssnNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashtoNewLoan, Item1031Exchange
Lot Size Square Feet5619.0
MLS AreaLV - Laguna Village
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy DescriptionOwner
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalRetail
Property SubTypeRetail
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameS Coast Hwy
UtilitiesCableConnected, ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected
View Y/NNo
Virtual TourClick here
Waterfront Y/NNo
Year Built2023
Year Built SourceEstimated

Exterior for 680 S Coast Hwy

Building Area Total10796.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesWalkstreet
Lot Size Acres0.129
Lot Size Area5619.0
Lot Size SourceEstimated
Lot Size UnitsSquareFeet
Number of Buildings1
Open Parking Y/NNo
SpaNo
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $15,000,000
MLS#OC23208337
List Date 11/11/2023
Property Type Commercial
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors