2415 Artesia Blvd - Freestanding FOR SALE


Redondo Beach, CA 90278
$1,400,000 USD
310-532-9080
2415 Artesia Blvd, Redondo Beach, CA for Sale
$1,400,000 USD
Freestanding - FOR SALE
1/7
null | Request Cap Rate

2415 Artesia Blvd
Redondo Beach, CA 90278


OVERVIEW

- MAJOR PRICE REDUCTION, MOTIVATED SELLER - Great visibility in prime Redondo Beach Artesia and Aviation Corridor commercial hub - Outstanding South Bay Beach Cities location with strong demographics minutes from Manhattan Beach, Hermosa Beach, El Segundo and Torrance - Ideal for owner user propety - 7 parking spaces - Two separate buildings with 100% occupancy with a ~620 SF Juice Bar in the front and a ~1,120 SF CrossFit Tenant in the back of the property, this tenant is on M/M lease - Great flexibility for an owner user or developer - Permitted uses include retail, restaurants, schools, daycare, senior housing, hotels and office - The city is making numerous improvements in the Redondo Beach Artesia and Aviation Corridor including: - Adding pedestrian and bike friendly paths, outdoor dining & other gathering spaces - Increasing the allowable floor area ratio or square footage - Eliminating the CUP requirement for restaurants larger than 2,000 square feet - Buyer to verify all zoning information with the City of Redondo Beach. - the back building was built in 2012 and the front was rennovated for the Juice Bar

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$805 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1938

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,494 SF

ZONING

C-2-PD

APN/PARCEL ID

4153-005-019

ASK ABOUT THIS PROPERTY

Sheri MesserlianNAI CapitalMore Info
310-532-9080

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Sheri MesserlianNAI CapitalMore Info
310-532-9080

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.