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Listed by Melanie Archer • Archer Investment & Consulting Inc.
$ 1,950,000
Est. payment | /mo
3,887 SqFt
$ 1,950,000
Est. payment | /mo
3,887 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Pending
Purchase Type For Sale
Square Footage 3,887 sqft
Price per Sqft $501
MLS Listing ID CRSB25132055
HOA Y/N No
Year Built 1963
Lot Size 6,532 Sqft
Property Sub-Type Retail
Source Datashare California Regional
Property Description
Stabilized Triple Net retail property for sale in the heart of Redondo Beach, approximately 1.5 miles from Hermosa Beach sand. It is fully occupied with three long-term tenants with off-street parking and beautiful tenant improvements. The property is surrounded by residential neighborhoods with local favorites within walking distance. It's on a high traffic street, driving business through signage and walkability. Its three tenants are well established in the South Bay community. Pursue Coffee is a boutique coffee shop with a homey neighborhood vibe. They are a local favorite. The smoke shop is a well maintained space with a private restroom. The largest tenant is occupied by a South-Bay favorite restaurant and they use the space for their take out and delivery services. It has a full kitchen, two restrooms, an eating and service area, and reception counter. Don't miss this opportunity to own a great asset in the heart of the South Bay!
Location
State CA
County Los Angeles
Interior
Fireplace No
Building
Water Public
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Qayes Abdulla
REALTOR® | Lic# DRE# 02150727