840 Pacific Coast Hwy - Storefront Retail/Office FOR SALE


Hermosa Beach, CA 90254
$1,900,000 USD
310-802-2501
840 Pacific Coast Hwy, Hermosa Beach, CA for Sale
$1,900,000 USD
Storefront Retail/Office - FOR SALE
1/6
null | 8.44% Cap Rate

840 Pacific Coast Hwy
Hermosa Beach, CA 90254


HIGHLIGHTS

  • Prime location on PCH with excellent visibility
  • Development potential F.A.R. 0.50 - 1.25 to 1 35' Height Maximum
  • C-3 zoning allows broad range of uses, dental, medical, retail, office, animal hospital/veterinarian
  • Rent rate is significantly below market

OVERVIEW

Located in a prime spot on Pacific Coast Highway, this property offers excellent visibility, making it ideal for a variety of businesses. With a floor area ratio (F.A.R.) of 0.50 to 1.25 and a maximum height of 35 feet, the development potential is substantial. The C-3 zoning allows for a broad range of uses, including dental and medical offices, retail spaces, offices, and animal hospitals or veterinary clinics. The current rent rate is significantly below the market value, presenting an attractive opportunity for future growth. IMPORTANT – FOR LEASE TERM DETAILS CALL LISTING BROKER.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$2,095 USD /SF

CAP RATE

8.44%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Auto Dealership, Freestanding, Veterinarian/Kennel

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,593 SF

ZONING

HBC3*

APN/PARCEL ID

4186-008-001,4186-008-002

ASK ABOUT THIS PROPERTY

Stephen LampeRE/MAX Commercial & Investment RealtyMore Info
310-802-2501

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Stephen LampeRE/MAX Commercial & Investment RealtyMore Info
310-802-2501

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