Contacts
Peter Curry
SharpLaunch
Owen Curry
SharpLaunch
Brooks Campbell
SharpLaunch
Jason Kimmel
SharpLaunch
Kevin Nolen
SharpLaunch
Property Details
- Property Type Retail
- Additional Rent Contact for pricing
- Date Updated Nov 4, 2024
Cushman & Wakefield is pleased to present a very rare opportunity to purchase an ideally situated property along the Historic Coast Highway 101 in Encinitas. 204 North Coast Highway is steps from downtown Encinitas and Moonlight Beach. The property has in place zoning N-CM-2 allowing up to 25 DU/AC or 21 units (utilizing state density bonus law) in a 100% residential or mixed-use setting. The property is currently leased to Caliber Collision on a short-term lease with no options to renew. This allows an investor or a developer in place NNN income while working through their entitlements. This property presents a number of opportunities:
- New Development - Expansive Residential / Mixed Use / Commercial Zoning Options
- Adaptive Re-Use Development
- Future Development Opportunity through state law progression
See Offering Memorandum for further details.
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Highlights
- PREMIER LOCATION Located in the Leucadia neighborhood of Encinitas, the Property is walking distance to a vast array of retail and restaurant amenities, scoring a 84/100 Walk Score. 0.5 miles from the Encinitas Coaster & Transit Station.
- FLEXIBLE OPPORTUNITY Encinitas most expansive zoning - allowing for most commercial activities, including restaurants, as well as multi-family residential (25 units per acre)
- EXCELLENT VISIBILITY Positioned along North Coast Hwy 101 with 115 feet of street frontage and 18,347 ADT, the Property offers excellent visibility and signage opportunities.
- AFFLUENT DEMOGRAPHICS Within a 1-mile radius, the average annual household income is $161,339. The median home sale price within the Leucadia neighborhood of Encinitas is $2,650,500 (source: Redfin, January 2024).
- PROXIMITY TO THE BEACH Unmatched location just 3 blocks from the beach.
Attachments
Getting around
-
90/100
Walk Score ®
-
58/100
Bike Score ®
Location
- City Encinitas, CA
- Neighborhood Downtown Encinitas
- Zip Code 92024
- Market San Diego
Points of Interest
-
eVgo
0.37 miles
-
Mobil
0.60 miles
-
Valero
0.61 miles
-
Encinitas Chevron
0.66 miles
-
Shell
1.04 miles
-
Santa Fe Shell
1.25 miles
-
Tesla Supercharger
1.91 miles
-
Valero Gas Station & Car Wash
2.03 miles
-
Chevron Gas Station
2.06 miles
-
Carlsbad Supercharger
2.91 miles
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Calle Magdalena Park And Ride
0.70 miles
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Overflow Parking Lot
0.79 miles
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Event Parking Lot 2
0.86 miles
-
Main Parking Lot 1
1.01 miles
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Annex Lot
1.02 miles
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Birmingham Park And Ride
1.99 miles
-
La Costa Park And Ride
2.48 miles
-
Cardiff State Beach Parking
2.56 miles
-
Batiquitos Trail Parking
3.01 miles
-
Leucadia Pizzeria and Italian Restaurant
0.11 miles
-
Cap'n Kenos
0.13 miles
-
Filiberto's
0.24 miles
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Gelato 101
0.26 miles
-
Raul's Mexican Food
0.26 miles
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Kealani's
0.28 miles
-
Plumeria Vegetarian Food
0.30 miles
-
Serrano's Mexican Food
0.31 miles
-
Everbowl
0.31 miles
-
Juanita's Carnitas
0.32 miles
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Smart & Final Extra!
0.79 miles
-
El Nopalito
1.24 miles
-
Vons
1.26 miles
-
TJ Maxx
1.94 miles
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Target
1.97 miles
-
Kohl's
1.99 miles
-
Ross
2.01 miles
-
Sprouts Farmers Market
2.03 miles
-
Stater Bros.
2.04 miles
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Cardiff-By-The-Sea Towne Centre Shopping Center
2.05 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
