This is an exceptional investment opportunity in the highly sought-after area of Santa Monica, situated on a bustling main street with excellent visibility and high foot traffic. The property is currently operating as a MARKET, featuring a fully renovated commercial kitchen with a hood, sink, grease interceptor, walk-in cooler & freezer, new plumbing, A/C, new lighting, and a 50-foot walk-in cooler & freezer. The property also boasts new front windows and an inviting outdoor front patio. With 8 parking spaces and its proximity to Santa Monica Beach, shopping districts, the airport, and major freeways, this location offers unmatched convenience. The space comes with a valuable liquor license, and with R3 zoning, it can easily be converted into a residential unit, providing versatility for investors. The property will be delivered vacant at close of escrow, offering immediate flexibility for your next venture. Don’t miss out on this rare opportunity! Call the agent for more information and to schedule a tour.
Mls | SR24213515 |
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Listing Type | For Sale |
Style | Retail |
Subtype | Resale |
Status | Active |
Days On Site | 54 |
Listing Provided By | Sankofa Global Realty Group Inc. 818-851-5503 | Tiffany Davis |
Sq Feet | 2,550 |
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Storys | 1 |
Buildings | 1 |
Acreage | 0.13 |
State | CA |
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County | Los Angeles |
City | Santa Monica |
Zip Code | 90405 |
Area | C14 Santa Monica |
Listing VS Median (in 90405) | |
Price: $3,400,000 low | high Med: $3,687,500 SqFt: 2,550 low | high Med: 4,355 $ / SqFt: $1,333 low | high Med: $989 On Site: 54 low | high Med: 74.000000 |