601 Hinds Avenue

Pismo Beach, CA 93449

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1925

calendar_month Built

Property Description

A long-time restaurant location on the prominent corner of Hinda Ave & Price St in Downtown Pismo Beach. For most of the most recent years, the Thai Talay occupied the space. Before that, it was Fish City and before that, it was Rancho BBQ. 50+ years between only three operators tells us it is an excellent location for a food & beverage operation. The interior space is 1720 sf (+/-) and there is an additional 400 (+/-) sf exterior space with the shells of two walk-ins just outside of the kitchen area, so the total usable sf is about 2100 (+/-). There are also 25 onsite parking spaces, two storage sheds in the parking lot. The pictures represent the current condition of the space - it very clearly needs major updating. The Landlord is willing to give a solid well-qualified operator extended periods of free rent and abated rent to allow for design, permitting, and remodeling to occur before, or shortly after rent commencment. They are also looking for a long-term tenant, so many options can be a part of the lease agreement. The asking base rent is $2.75 sf-mo. The current CAM would be about $0.44 sf-mo, as current insurance costs are quite low. It is likely that once the building is renovated those insurance costs would go up - likely in the $0.59 sf-mo range. Tenant reps, please submit your reasonable fee request with the lease proposal.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 601 Hinds Avenue
City Pismo Beach
State CA
Zip 93449
County San Luis Obispo
Listing Agent Mark Burnes DRE#01361305
Courtesy Of Burnes Commercial Group
MLS PI24048231
Status Active
Type Commercial Lease
Subtype Retail
Structure Size N/A
Lot Size 14,375
Year Built 1925
DOM 1

Exterior Information

Maps

Listing information courtesy of: Mark Burnes, Burnes Commercial Group . *Based on information from the Association of REALTORS/Multiple Listing as of Mar 9th, 2024 at 10:19 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.