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601 Hinds Avenue

Pismo Beach, CA 93449

List Price

N/A

bed Beds

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straighten / sqft

1925

calendar_month Built

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 submit your reasonable fee request with the lease proposal.

Listing Information

Status Active
MLS PI24048231
Type Commercial Lease
Subtype Retail
Year Built 1925
Lot Size 14,375
Structure Size N/A
DOM 157
Courtesy Of Burnes Commercial Group
Listing Agent Mark Burnes DRE#01361305

Interior Features

Total Bedroom
Bedrooms N/A
Total Bathroom
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Exterior Information

Maps

home_work Nearby Properties

Image

$369,000

king_bed N/A
shower N/A
straighten N/A
straighten 600
575 Price Street, #208,

Pismo Beach, CA 93449
Image

$775,000

king_bed 2
shower 2
straighten 1,270
straighten 1,270
691 Price Street, #203,

Pismo Beach, CA 93449
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$3,400,000

king_bed N/A
shower N/A
straighten N/A
straighten 10,400
361 Pomeroy Avenue,

Pismo Beach, CA 93449
Image

$499,888

king_bed N/A
straighten N/A
straighten 54,450
220 Hinds Ave,

Pismo Beach, CA 93449
Image

$4,500,000

king_bed N/A
shower N/A
straighten N/A
straighten 25,000
350 Pismo Avenue,

Pismo Beach, CA 93449

Listing information courtesy of: Mark Burnes, Burnes Commercial Group . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:44 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.