853 Camino Del Mar
Owner-User Potential
Expansive Zoning
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.
Zoom
Team
Peter Curry
Executive Director, Private Capital Group
Cushman & Wakefield
CA Lic #01241186
Brooks Campbell
Senior Director, Private Capital Group
Cushman & Wakefield
CA Lic #01380901
Owen Curry
Director, Private Capital Group
Cushman & Wakefield
CA Lic #01972528
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