The Offering

Property Details

  • Address: 853 Camino Del Mar,
    Del Mar, CA 92014
  • Property Type: Two-story, Modern Coastal Boutique Multi-Tenant Office
  • Building Size: 14,111 RSF (BOMA)
  • # of Tenants: 3
  • Land Size: 0.55 Acres
  • Year Built: 1977 & Renovated 2021
  • Zoning: Professional Commercial (PC) - Allows office, medical, dental, limited retail, as well as 100% residential (up to 20 du/ac)
  • Asking Price: $12,995,000

Executive Summary

We are pleased to present the opportunity to acquire 853 Camino Del Mar, a boutique office building located in the heart of the seaside community of Del Mar Village. Comprised of 4 office suites within 14,111 square feet of prime commercial real estate, 853 Camino Del Mar represents a one-of-a-kind property with optimal design & construction. The creative & unique architecture takes full advantage of the expansive outdoor space. Operable windows, vaulted & exposed ceiling, spacious patio areas & indoor/outdoor environment provides the perfect atmosphere for the highly sought-after lifestyle office space.


IRREPLACEABLE PROPERTY Creative & unique architecture takes full advantage of the expansive outdoor space & ocean views.

FLEXIBLE OWNER-USER OCCUPANCY The current owner occupies two suites – 6,486 RSF & 2,278 RSF – allowing an owner-user investor the ability to occupy up to a total of 8,764 RSF.
RESIDENTIAL REPOSITION OPPORTUNITY In 2020, the City of Del Mar amended the housing element to allow 100% residential up to 20 du/acre in the Professional Commercial zone.

CONDO MAP POTENTIAL The current suite configuration provides an opportunity for a future investor to place a commercial condominium map on the Property providing the ability to sale 4-5 units individually.

Team

Peter Curry

Peter Curry

Executive Director, Private Capital Group
Cushman & Wakefield
CA Lic #01241186
Brooks Campbell

Brooks Campbell

Senior Director, Private Capital Group
Cushman & Wakefield
CA Lic #01380901
Owen Curry

Owen Curry

Director, Private Capital Group
Cushman & Wakefield
CA Lic #01972528