Palm Tree Plaza

Address: 1640 N El Camino Real San Clemente, CA 92672

Building Size: 3,150 square feet

Land Size: 0.17 acres (7,405 square feet)

Year Built: 1975

APN: 692-371-04

Zoning: MU-1 - Mixed Use 1

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- Investment / Owner User

- Retail & Restaurant

- Development Opportunity

- Walking Distance to the Beach

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Rare Coastal Southern California Investment Opportunity

• The subject property is located in the exclusive and affluent area of San Clemente, less than .25 miles from the beach

• In August 2024, the median listing price for a home in San Clemente, California was $1.735 million.

Highly Trafficked Thoroughfare - A+ Location

• The subject property features excellent street frontage and visibility along North El Camino Real Blvd (14,403 VPD).

• Additionally, the property benefits from its close proximity to the 5 Freeway (215,565 VPD), which is the longest interstate in CA. SR-1 Pacific Coast Highway southern terminus runs concurrent to 5 Freeway.

• Metrolink Train, with a Route starting in Ventura and ending in Oceanside, has a San Clemente Station 0.3 miles away from subject property on the coastline.

• San Clemente’s location near major freeways (I-5) allows residents to easily commute to employment hubs in Orange County and San Diego, making it an attractive place to live while maintaining access to job opportunities

• Ease of Access from nearby freeway on & off ramps - would make an ideal office or destination location (ie. surf shop, doctor office, dental shop, cannabis, etc).

• Property is approximately one block away from the historical Ole Hanson Beach Club (est. 1927), the Casino San Clemente (est, 1937), The San Clemente Theatre (est.1937) which is currently under renovations to become an outdoor Theatre and Foodhall, and the Aquarium Cafe (est. 1931) The North Beach Area is filled with Historical Sites (all recognized by the National Register of Historical Places acknowledged by the U.S. National Parks Service) all walking distance from subject property.

• Close Proximity to The Outlets at San Clemente, Orange County’s first and only coastal outlet shopping experience.

Development and/or Owner/User Opportunity

• Property is ready for Development / Redevelopment or an Owner User to occupy.

• Existing Outdoor Patio Space to maximize seating capacity for any tenant type. Four Patio areas totaling 1800 sf of outdoor commercially usable space.

Strong Demographics - Highly Affluent Area

• There are over 165,652 permanent residents living within a 5-mile radius of the subject property, with an average household income of around $140,000.

San Clemente - Prime Coastal Location

• San Clemente’s location along the Pacific Ocean, with pristine beaches like Trestles and San Clemente State Beach, attracts residents and tourists seeking a laid-back yet luxurious coastal lifestyle.

• Midway Between Major Cities: Positioned between Los Angeles and San Diego, San Clemente offers easy access to these urban centers while maintaining a quieter, small-town charm, increasing its appeal as a residential and business destination.

• The city’s mild Mediterranean climate supports year-round outdoor activities such as surfing, hiking, and biking, attracting active individuals and families. Parks, golf courses, and coastal trails further enhance the lifestyle.

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Favorable Zoning - Mixed Use 1

• A vertical or horizontal mix of Neighborhood Serving Commercial (NC) and Community Serving Commercial (CC), and multifamily housing on the second floor or higher. The North Beach area includes this zone to provide for a mix of uses and development standards similar to those within the Downtown transition area, while excluding stand-alone residential development.

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