Greg Malik Real Estate
7432 Exotic Garden Drive
Cambria, CA 93428

$7,900,000

Description

Once in a lifetime opportunity to purchase a commercial property of such magnitude. Virtually oceanfront on 3 acres, completely renovated with over 12 million spent in improvements. This property consists of four free standing structures. The restaurant, (doing business as Centrally Grown) with two kitchens, one on each floor- currently used a restaurant above- downstairs ideal for a grocery store or gift shop or could be additional space for dining. The commercial kitchens were professionally designed with no expense spared. There is an elevator for handicap access and an enormous deck for entertaining or enjoying the scenery overlooking the ocean and beautiful grounds. The residence is utilized as a bed and breakfast/ vacation rental. It is nicely appointed with 3 bedrooms, 3 baths and a two car attached garage. There is also a free standing retail shop and an additional three bedroom residence. One of the few properties zoned commercial recreational creating ample opportunity for additional improvements and uses. This iconic location hosts weddings, special events and concerts. The parking lot has 20 parking spaces with three additional handicap spaces. Over 18 E.D.U's of commercial water. Listed below recent appraised price.

Details

MLS#SC18262853
StyleIQWeb_Mixed Use
Sub-TypeResale
StatusPending - Show
Days On Site12

Features

SQ Feet8,495
Story(s)0

Market Activity 93428

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Area Information

StateCA
CountySan Luis Obispo
CityCambria
Zip Code93428
AreaCAMB - Cambria
Listing VS Median (in 93428)
Price:
$7,900,000
low | high
Med:
$225,000
100% of Average
SqFt:
8,495
low | high
Med:
0
100% of Average
$ / SqFt:
$930
low | high
Med:
$0
100% of Average
On Site:
12
low | high
Med:
100
12% of Average
Listing Updated: 11/12/2018
MLS Number: SC18262853
Listing Provided By:
Kellie Williams  of  Coldwell Banker Kellie Assoc
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