State-of-the-Art Free-Standing Structure. The Red Dragon Building For Sale (Only building not business) A Rare and Exceptional Investment Opportunity. Impressive CAP rate of 5.6% Long-Term (10) Year Lease Absolute NNN Lease With Annual 3% Increases Full-service bar and restaurant featuring an Ocean View Terrace on the 3rd Floor Contemporary exterior & interior masterfully envisioned by acclaimed Laguna Beach architect Cutting-edge commercial kitchens spanning the 1st and 2nd floors, equipped with the latest culinary technology and a spacious walk-in cooler/freezer Unparalleled Platinum Location in Laguna Beach: 7 min stroll to Main Beach Park, 6 min walk to Downtown, 3 min jaunt to HIP District. Exceptional proximity to designated parking areas, boutiques, eateries, art galleries, and renowned hotels. Boasting a walk score of #96
Water Connected, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected
| Date | Details | Change |
|---|---|---|
| Price Increased from $14,000,000 to $15,000,000 | $1,000,000 (7.14%) |
Based on information from California Regional Multiple Listing Service, Inc. as of May 2nd, 2024 at 9:25am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
