First time on the market in over 50 years, 415 N. El Camino Real is a historically designated 1928 landmark commercial building in the heart of downtown San Clemente. The property features a ±5,300 SF multi-tenant building on two legal parcels totaling ±8,276 SF of land with street-to-street access, strong visibility, and ocean-view second-floor units with balcony. Amenities include 8 on-site parking spaces plus 8 off-site spaces, a rare downtown advantage. Current short-term tenancy provides immediate income with flexibility for lease extensions or near-term owner-user occupancy. MU3 zoning allows a wide range of commercial and mixed-use uses, offering long-term value-add or redevelopment potential. Located in a supply-constrained coastal market with strong tenant demand and limited new development, this offering presents a rare opportunity to acquire a generational downtown San Clemente asset with historic character, prime land value, and future flexibility.