31715 S Coast Highway, Laguna Beach, CA 92651

$2,675,000 Approx. USD 0 beds, 0 baths

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Marketed By The Keaty Team

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Agent Remarks

Located in the heart of South Laguna overlooking Table Rock Beach, this unique ocean-view property fronts Pacific Coast Highway, is highly visible, and has served as a successful restaurant space for years (Thai by the Sea). Consisting of two adjacent parcels, the property encompasses two separate structures, plus parking for 5 or 6 cars. The front structure is a 2-level remodeled restaurant space directly on Coast Highway, with kitchen area, bathroom, indoor and outdoor customer seating at street level (~1255 sf), plus additional bathrooms, storage and laundry space underneath (~300 sf). Further, the crawlspace underneath could be improved for additional retail/restaurant space (~900 sf unfinished). The rear structure is a remodeled single-level "studio" which can serve as additional restaurant space, or an entirely separate retail space such as a boutique or yoga studio (~400 sf). The two structures are separated by a private, gated, landscaped, flat, decomposed-granite courtyard which may also serve as additional eating space. Improvements include new flooring and vaulted ceilings, new bathrooms, doors and windows. South Laguna is an up-and-coming village neighborhood that embodies the original "true Laguna" vibe and beach culture. Wine and beer license are transferable to the new owner.

Listing Details

Property type: Retail (Commercial)

Status: Active

MLS# LG25012294

Price: $2,675,000

Built in 1950

0.14 acres

Lot size: 0.1364

County: Orange

Zoning: COM

Construction: Wood Siding

Lot description: Corner Lot,Landscaped,Street Level,Walkstreet,Yard