303 Crescent Avenue

Avalon, CA 90704

$7,200,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1982

calendar_month Built

Property Description

Catalina Island ~ Avalon front street prime location, retail / residential building. Built in 1982 this 3-story building has 9,048 sq ft +/- of rentable space. Retail space 6,000 sq ft +/- is currently being used by a prominent bank which is the only bank in the town of Avalon, and a second local business. The upstairs 3,048 sq ft +/- penthouse apartment offers luxurious living space with an amazing view of the harbor and 4 Bedrooms, 2.5 Bathrooms to accommodate many guests. Other features include spacious living room with a bar and balcony. Elevator to accommodate accessibility. Two private outdoor patios to use as you please, and the property comes with a short-term rental license so you can generate additional income by renting out this highly desirable space. This property is literally next to the beachfront, restaurants, bars, and retail shops. Avalon is a wonderful place to escape to and work remotely. Seize this investment opportunity to own one of Avalon's premier retail spaces and make your fantasies a reality.

Listing Information

List Price $7,200,000
Status Active
MLS SB24220823
Type Commercial
Subtype Special Purpose
Year Built 1982
Lot Size 4,347
Structure Size N/A
DOM 1
Courtesy Of Catalina Realtors
Listing Agent Jordan Lake DRE#01953692
Co-Listing Agent DRE#00908641

Interior Features

Laundry Information
Location(s) Inside, Laundry Room, Upper Level
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Cooling Type
Cooling Type None

Exterior Information

Other Structures
Structures Living Quarters

Maps

Listing information courtesy of: Jordan Lake, Catalina Realtors . *Based on information from the Association of REALTORS/Multiple Listing as of Oct 30th, 2024 at 6:00 PM 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.