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125 Manhattan Beach Boulevard, Manhattan Beach, CA 90266

$7,300,000
Commercial Property MLS# SB17234550 ID: 48326672
$7,300,000 Get Rates

This offering of a commercial property in Manhattan Beach, just steps from the sand, the iconic Manhattan Beach Pier, Strand and adjacent to a wide range of thriving commercial businesses and multi-million dollar homes with unparalleled exposure and pedestrian traffic. The property is a 2 story building approx 3,440 sf (per assessor's records - buyer to verify) constructed with retail on the 1st floor and office space on the 2nd floor. The entire property underwent an extensive renovation to the interior and the facade completed in 2014. Prior to the renovation, the 2nd floor was used for residential purposes. The lot is 2,253 sf with nice elevation that overlooks Manhattan Beach Pier, and boasts spectacular views of the Pacific Ocean from both levels and full coastline views to Malibu from the roof top.The property is zoned Downtown Commercial and according to the Downtown Specific Plan adopted in 2017 this allows a broad range of uses, including live/work and residential uses (with a conditional use permit). Zoning permits a Floor Area Ratio of 1.50 for new developments and 51.3 residential dwelling units per acre (2.65 units) is the approx calculation for this lot. The height limit is 30 feet, any development is subject to discretionary approval from the Planning Department. Mickie's Beach and Diane's Beachwear have been at this location for decades and is a rare opportunity to acquire an irreplaceable parcel of commercial real estate in a world renowned location.

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Location Information near 125 Manhattan Beach Boulevard
Offered by Stephen Lampe at Re/Max Commercial & Investment

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Property Features for 125 Manhattan Beach Boulevard
Status
Market Status
Available
Last Updated
May 22, 2018
Description
Property Type
Commercial Property
Year Built
1972
Sq. Feet
3,440

Legal/Financial

  • Taxes: 81687.0000

Location

  • MLS Area: 142 - Manhattan Beach Sand
  • Stephen Lampe
  • Re/Max Commercial & Investment

Data Provided by:
California Regional Multiple Listing Service

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More information about this $7,300,000 Commercial Property at 125 Manhattan Beach Boulevard

This $7,300,000 Commercial Property at 125 Manhattan Beach Boulevard in Manhattan Beach, CA is presented by Stephen Lampe. This $7,300,000 Commercial Property, located in the 90266 zip code, has the following property features: MLS Area, Taxes. This 125 Manhattan Beach Boulevard Commercial Property, located in Los Angeles County , is listed under MLS listing number SB17234550 and has a listing price of $7,300,000. You can find more MANHATTAN BEACH homes for sale here.