1,170 Sqft - 1112 Palmetto Avenue, PACIFICA, California 94044
Property Description
Unique oceanfront house with commercial zoning, tucked behind a large bakery building in the commercial district. Red tagged due to bluff loss in 2016, with a seawall required to restore a certificate of occupancy. City is requiring commercial use due to non-conforming residential occupancy going dormant for longer than a year. C-3 zoning may allow for redevelopment as mixed use commercial with residential, visitor services, restaurant, automotive, and possibly hospitality, and further evaluation of conditional and permitted uses will be required. The property extends out to the beach, with an estimated 35′ portion of bluff lost in a single high-water event. Discretely accessed at the back of the bakery parking lot, behind a high electric security gate and fencing. The property has been red tagged, being sold in as-is condition with existing plans for bluff stabilization. With cash purchase Buyer should be able to get construction financing for seawall and renovation work.