31715 S Coast HWY Save Request In-Person Tour Request Virtual Tour
Laguna Beach,CA 92651
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID LG25012294
Year Built 1950
Lot Size 5,941 Sqft
Property Sub-Type Retail
Property Description
Located in the heart of South Laguna overlooking Table Rock Beach, this unique ocean-view property fronts Pacific Coast Highway, is highly visible, and has served as a successful restaurant space for years (Thai by the Sea). Consisting of two adjacent parcels, the property encompasses two separate structures, plus parking for 5 or 6 cars. The front structure is a 2-level remodeled restaurant space directly on Coast Highway, with kitchen area, bathroom, indoor and outdoor customer seating at street level (~1255 sf), plus additional bathrooms, storage and laundry space underneath (~300 sf). Further, the crawlspace underneath could be improved for additional retail/restaurant space (~900 sf unfinished). The rear structure is a remodeled single-level "studio" which can serve as additional restaurant space, or an entirely separate retail space such as a boutique or yoga studio (~400 sf). The two structures are separated by a private, gated, landscaped, flat, decomposed-granite courtyard which may also serve as additional eating space. Improvements include new flooring and vaulted ceilings, new bathrooms, doors and windows. South Laguna is an up-and-coming village neighborhood that embodies the original "true Laguna" vibe and beach culture. Wine and beer license are transferable to the new owner.
Location
State CA
County Orange
Area Sl - South Laguna
Zoning COM
Interior
Laundry Laundry Room
Exterior
Fence Wood
Utilities Available Electricity Connected,Sewer Connected,Water Connected
Waterfront Description Across the Road from Lake/Ocean
Roof Type Composition
Building
Lot Description Corner Lot,Landscaped,Street Level,Walkstreet,Yard
Story 2
Water Public
Others
Acceptable Financing Owner Will Carry
Listing Terms Owner Will Carry
Special Listing Condition Standard