$ 7,200,000
303 Crescent Avenue Avalon, CA 90704
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Listed by Jordan Lake • Catalina Realtors
$ 7,200,000
Est. payment /mo
New
303 Crescent Avenue Avalon, CA 90704
9,048 SqFt
UPDATED:
10/31/2024 03:50 AM
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 9,048 sqft
Price per Sqft $795
MLS Listing ID CRSB24220823
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1982
Lot Size 4,347 Sqft
Property Description
Catalina Island ~ Avalon front street prime location, retail / residential building. Built in 1982 this 3-story building has 9,048 sq ft +/- of rentable space. Retail space 6,000 sq ft +/- is currently being used by a prominent bank which is the only bank in the town of Avalon, and a second local business. The upstairs 3,048 sq ft +/- penthouse apartment offers luxurious living space with an amazing view of the harbor and 4 Bedrooms, 2.5 Bathrooms to accommodate many guests. Other features include spacious living room with a bar and balcony. Elevator to accommodate accessibility. Two private outdoor patios to use as you please, and the property comes with a short-term rental license so you can generate additional income by renting out this highly desirable space. This property is literally next to the beachfront, restaurants, bars, and retail shops. Avalon is a wonderful place to escape to and work remotely. Seize this investment opportunity to own one of Avalon's premier retail spaces and make your fantasies a reality.
Location
State CA
County Los Angeles
Interior
Heating Forced Air, Other
Cooling None
Fireplace No
Building
Water Public
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