Avalon CA Commercial for Sale
$7,200,000
303 Crescent Avenue Avalon, CA 90704
- Type:
- General Commercial
- Sq.Ft.:
- 9,048
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.1 Acres
- Year built:
- 1982
- Baths:
- MLS#:
- SB24220823
ADDITIONAL INFORMATION
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.
Avalon Real Estate
The median home value in Avalon, CA is $675,000. This is lower than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Avalon, CA is $675,000. Approximately 22% of Avalon homes are owned, compared to 45.4% rented, while 32.6% are vacant. Avalon real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Avalon real estate agent to arrange a tour today!
Avalon, California has a population of 3,514. Avalon is less family-centric than the surrounding county with 18.63% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Avalon, California is $78,221. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Avalon is 45 years.
Avalon Weather
The average high temperature in July is 78.3 degrees, with an average low temperature in January of 48.4 degrees. The average rainfall is approximately 13.7 inches per year, with 0 inches of snow per year.