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Commercial Property - 723 Ocean Front Walk, Venice, CA

$6,950,000

723 Ocean Front Walk, Venice, CA

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Description

Rare Venice Beach Boardwalk mixed-use development opportunity at 723 Ocean Front Walk. Approx. 8,165 SF / 0.19-acre parcel at the NW corner of Ocean Front Walk and Park Ave with direct Boardwalk frontage. City Planning and California Coastal Commission-approved development program, subject to applicable permit conditions and remaining governmental requirements, for an approx. 12,983 SF three-story mixed-use project containing 16 residential units, including 3 Very Low-Income units, plus approx. 1,363 SF of ground-floor commercial / retail-takeout restaurant space. Plans also include approx. 1,488 SF rooftop community space, 9 vehicle parking spaces and 26 bicycle spaces. C1-1 zoning / Community Commercial land-use designation. Approx. three blocks from Abbot Kinney Blvd with convenient access to Main Street, Santa Monica and Marina del Rey. Offered at $6,950,000. Buyer to independently verify zoning, entitlement and permit status, conditions of approval, expiration dates, plans, dimensions, square footage, allowable uses and all governmental or construction requirements.

Property details

Property type
Commercial Sale
Lot size
8,167 sqft

Location

723 Ocean Front Walk • Venice, CA 90291

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Listed by

Gavon Long · KW Westside Estates

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