Commercial property · 2 recorded sales since 2015
Listing Agent: David Caskey (DRE #01198999) · Listing Office: Strand Hill Christie's Int'l · Contact: 310-374-1800 · Bought with: General NONMEMBER · CRMLS · MLS #SB17259549 · Source: CRMLS
Large price improvement for a unique and outstanding existing property or redevelopment opportunity in Manhattan Beach on Manhattan Beach Blvd. A rare offering of a commercially zoned property situated on a prime corner lot at the bustling gateway of affluent Manhattan Beach. Highly-visible commercial property block is an ideal development site! Prior approved plans for mixed-use medical/residential building included in the sale. Plans offer appx. 1,872 SF of medical office space with an additional appx. 2,460 SF of residential space for a total of approximately 4,400 SF and 11 parking spaces on the ground floor. Approved plans and permits have lapsed and need to be re-approved by the city. Buyer to conduct their own investigation and due diligence with the city of Manhattan Beach Property highlights: • Heavy drive-by traffic of approximately 30,000+ CPD • Across the street from Trader Joe’s • Highly-visible corner lot • Just under 2 miles to the beach. • Currently a 1,704 SF building on a 5,000+ SF Lot (buyer to verify) • Nearby: Trader Joe's, The Redondo Beach Performing Arts Center, Polliwog Park, Target, Downtown Manhattan Beach • Close to aerospace, tech, service, finance industries, Metro Green Line & 405 Fwy Any future development is subject to discretionary approval from the Manhattan Beach Planning Department
Listing description from the February 2020 sale, as reported to CRMLS.