1630 Pacific Coast Highway, Hermosa Beach, CA 90254

$8,500,000
List Price
$8,500,000
Price Change
▼ $1,000,000 1537329011
Status
ACTIVE
MLS#
SB18015725
Year Built
1958
Days on Market
362
Property Type
Commercial
Property Sub Type
Retail

Property Description

Large feestanding building in a very high profile location with great visibility. 200 ft X 100 ft corner lot with 200 ft frontage on Pacific Coast Highway. This is the prime commercial development opportunity located in the heart of Hermosa Beach. Existing 7,520 SF retail building on a 20,000+ sq.ft. commercial land parcel. Can also occupy as owner/user or purchase as leased investment. Existing income stream to help support entitlement expenses. Within walking distance of Hermosa Beach Pier and Oceanfront, The property is very close to the downtown district, the beach, the 405 Freeway and LAX; Ideal year-round climate; Excellent demographics. Freestanding Retail Building has Over 120’ of Window Frontage and 204’ of Street Frontage. 16 On Site Parking Plus Street Parking. 53,000 Motorists Per Day on Pacific Coast Highway. Zoning: Special Planning Area 8 - Allows all commercial uses as those permitted in the C-3 General Commercial zone. This is the broadest commercial zone in Hermosa Beach. Allowed uses include retail, office, restaurants, service & hospitality among many others. Future development feasibility study available for review. Listing agent is owner of the property

Additional Information

Heat
Central Furnace
Cooling Description
None
Roof
Composition, Elastomeric, Flat
Water
Public

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Jonathan Coleman from Real Estate West, Inc.

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.