Member Press Release

Pacific Coast Commercial is pleased to announce Pacific Beach Building Sold for $2M

Pacific Coast Commercial is pleased to announce a 5 unit street retail building located at 5005-5019 Cass Street has sold for $2,000,000. 

Lesha Montoya and Jim Taylor of Pacific Coast Commercial represented both the Buyer, Dan Floit and Seller, Hewitt LCC in the transaction. 

“Escrow closed in 10 days with the Sellers discounting the price in order to close consecutively with a residential property. The property is currently not intended for redevelopment purposes and will remain a retail center for the time being,” stated Lesha Montoya. 

Jim Taylor said, “It was a pleasure representing both sides of the transaction to ensure each of their goals were met, resulting in a smooth and successful escrow process.” 

The 5,270 SF building is located on a high traffic street, just a few blocks from the Pacific Beach boardwalk. 


Property Type: 5 Unit Street Retail 

Square Footage: 5,270 SF Building 

Sale Price: $2,000,000 

Close of Escrow Date: 1/03/2020 

Seller Name: Hewitt LLC 

Buyer Name: Dan Floit 

Escrow Company: Chicago Title 

Title Company: Chicago Title