WESTMAC Commercial Brokerage Company, VonBerge CRE, and L.A. Realty Partners are pleased to offer for sale, 700-716 Colorado Avenue, ±20,165 square feet (per ALTA Survey) of developable land comprised of two commercial buildings totaling approximately ±20,348 square feet in Santa Monica, CA.
Ideally situated blocks from Third Street Promenade along major Colorado Avenue in Downtown Santa Monica, the property gives way to unmatched walkability and excellent access to transit, including the Metro E Line, Pacific Coast Highway and the 10 Freeway. The property falls under Santa Monica’s Transit Adjacent (TA) zoning district, which is part of Santa Monica’s Downtown Community Plan.
With its unique combination of construction types and visibility, the Property offers tremendous flexibility to accommodate a variety of uses, or a mixed-use development with a 4:1 FAR (for Tier 3 – with Housing), possible 7 stories allowable height, and 101 possible units.
700-716 Colorado Avenue is a rare opportunity for buyers looking to transform this site into a vibrant, modern, and adaptable facility that will fit seamlessly within Santa Monica’s work-play standard of living.