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
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Listing Snapshot
Price
$15,000,000
Days Online
174 Days
Bedrooms
N/A
Inside Area (SqFt)
10,796 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.129 Acres
Year Built
2023
MLS® Number
OC23208337
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
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Recent Activity
5 days ago
Listing updated with changes from the MLS®
5 months ago
Price changed to $15,000,000
6 months ago
Listing first seen online
General Features
Electric
Item220 Voltsin Kitchen
Number of Stories
3
Acreage
0.129
Water
Public
Property Sub Type
Retail
Utilities
Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected
Listing Conditions
Standard
Interior Features
Laundry Features
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Exterior Features
Lot
Walkstreet
Community Features
MLS Area
LV - Laguna Village
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. The 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, the 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.
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