2700-2720 Lincoln Blvd - Auto Repair FOR SALE


Santa Monica, CA 90405- Ocean Park
$15,750,000 USD
310-451-1931
2700-2720 Lincoln Blvd, Santa Monica, CA for Sale
$15,750,000 USD
Auto Repair - FOR SALE
1/10
null | Request Cap Rate

2700-2720 Lincoln Blvd
Santa Monica, CA 90405
Ocean Park


HIGHLIGHTS

  • Full city block Santa Monica mixed-use development opportunity (JOINT VENTURE possible - all tenants mo-2-mo)
  • Irreplaceable "grandfathered" auto repair service facility
  • Ideal Electric Vehicle service facility and/or EV charging site
  • Rare long-term MASTER LEASE opportunity, for an electric vehicle (EV) or other car manufacturer service facility
  • Drive-through oil & lube with business office and private bathroom
  • Three (3) curb cuts (Lincoln Boulevard, Hill Street & Raymond Avenue) for ingress / egress

OVERVIEW

Approx. 2,000 square foot (stand-alone) building (auto repair / office / retail / showroom) Approx. 8,000 square feet of single & tandem depth auto bays Great opportunity to build a Single-Tenant building (for a large retailer or user) Prime Westside Lincoln Boulevard location (flat terrain – no hillside to contend with) Rare Full City Block (Hill Street to Raymond Avenue) Tremendous Visibility along Lincoln Boulevard (approx. 260 feet of frontage) Redevelopment Opportunities: Irreplaceable Automotive Use (stand-alone building has three (3) drive-through oil & lube wells) Mixed-Use & Affordable Development Incentives (State & Local – buyer to verify) Affordable Housing receives Maximum FAR (City study cited as one of only 70 possible sites ~ less now) Development & Sale Flexibility (all or a portion could potentially be delivered vacant) Adaptive Re-use opportunity (conversion of auto repair improvements to retail)

FOR SALE DETAILS

PRICE

$15,750,000 USD

PRICE/SF

$1,603 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

26,998 SF

ZONING

C4, Santa Monica

APN/PARCEL ID

4287-017-041,4287-017-042,4287-017-043,4287-017-044

ASK ABOUT THIS PROPERTY

Scott CarrKeller Williams Commercial DivisionMore Info
310-451-1931

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Scott CarrKeller Williams Commercial DivisionMore Info
310-451-1931

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