1606 N. El Camino Real
San Clemente

Coastal Commercial is pleased to present an exceptional investment opportunity at 1606 N. El Camino Real, located in the heart of San Clemente, California. This coastal property features a 4,306 square foot building situated on a 12,197 square foot lot, just minutes from the beach and San Clemente’s vibrant downtown corridor. Ideally positioned only one mile from the iconic “T-Zone”—a thriving retail and dining hub at Avenida Del Mar and N. El Camino Real— this property is also within a 5-minute walk to North Beach and steps away from the historic Miramar Theater, a local landmark currently undergoing revitalization. The area is a well-traveled destination for both residents and visitors, contributing to strong year-round foot traffic. Originally constructed in 1952, this is the first time the property has been offered for sale, marking a rare opportunity to acquire a piece of San Clemente’s legacy. The current tenant’s lease expires on 12/31/2025 offering flexibility for owner-users, investors, or developers seeking to reposition or redevelop. Zoned MU2 (North El Camino Real Mixed-Use), this district is tailored for community and visitor-serving uses, supporting entertainment, retail, coastal recreation, and mixed-use development. The site’s high visibility along N. El Camino Real, combined with strong vehicular and pedestrian traffic, enhances its appeal and long-term value. With its prime location, zoning advantages, and significant upside potential, 1606 N. El Camino Real presents a rare opportunity to secure a legacy asset in one of Southern California’s most coveted coastal markets.

Investment Sale Details

List Price

$2,800,000

Square Feet (GLA)

4,306

Current Cap Rate

3.03%

Pro Forma Cap Rate

4.61%