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For Sale

303 Crescent Avenue

303 Crescent Avenue, Avalon, CA 90704

$7,200,000

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.

9,048 Sq.Ft. LIVING AREA

4,347 Sq.Ft. lot

Jordan Lake

title Broker | Owner
PHONE (310) 510-1811
EMAIL [email protected]
DRE # 1953692

Features & Amenities

Interior

Laundry room Inside, Laundry Room, Upper Level
APPLIANCES Dryer, Washer

Area & Lot

Status For Sale
Living Area9,048 Sq.Ft.
Lot Area4,347 Sq.Ft.
MLS® IDSB24220823
TypeCommercial
YEAR BUILT1982
NeighborhoodAvalon
Water FrontageAcross the Road from Lake/Ocean, Beach Access, Beach Front, Bayfront, Ocean Front

Exterior

STORIES3
water SourcePublic
utilitiesCable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
lot featuresRectangular Lot, Value In Land, Walkstreet
HEAT TYPECentral, Forced Air
AIR CONDITIONINGNone
security FeaturesFire Sprinkler System

Financial

Sales Price$7,200,000
Real Estate Tax $44,739/yr
Zoning AVC1*

Seize this investment opportunity to own one of Avalon's premier retail spaces and make your fantasies a reality.
– Jordan Lake

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Contact Details

Catalina Realtors | CA DRE# 01953692

Phone

(310) 510-1811

[email protected]

Address

128A Sumner Ave Avalon CA 90704 MAILING ADDRESS Po Box 2349 Avalon CA 90704

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