550 1st Street, Avila Beach, CA 93424

$2,500,000
3,306
SqFt
List Price
$2,500,000
Status
PENDING
MLS#
SP20031391
Year Built
2008
Living Sq. Ft
3,306
Days on Market
8
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

Rare opportunity, first time on the market! Located in the heart of downtown Avila Beach sits this thoughtfully designed mixed-use property with two residential units, commercial space and 7 private parking spaces. The perfect investment property! The two residential units are an estimated to be 1,337 sqft (unit B) and 969 sqft (unit C) with two bedrooms and two bathrooms each, open floor plan kitchen, living and dining areas and private balconies. Unit B features peak-a-boo ocean views, private roof top deck and a garden space. Each with bamboo flooring and tile flooring, 10 ft ceilings, A/C, stainless-steel kitchen appliances, and abundant natural light. The downstairs commercial space is currently being used as a wine shop (business not for sale) and boasts an estimated 1,000 sqft with private bathroom, office space and bamboo flooring. Only a quick stroll to the ocean and located across the street from the Lighthouse Suites and the Avila Beach "Pirate's Park," and close to the Bob Jones Trail, public golf course, Avila Bay Club, and much more!

Additional Information

Heat
Forced Air
Cooling
Yes
Cooling Description
Central Air
Water
Public
Total Number of Units
3
Water Features
Ocean Side of Freeway

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Stephanie Ronca from Wilson & Co. Sotheby's International Realty

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.