Description

Just minutes from the iconic Manhattan Beach Pier, this mixed-use gem offers unmatched visibility and potential on high-traffic Manhattan Beach Boulevard. Set within the CL zoning district which allows a wide range of uses, the property currently features a rare blend of retail and warehouse/garage that has a residential loft,—providing a versatile platform for owner-users, investors. (Note: the residential loft area is approximately 400 square feet is not permitted for residential uses, and should be used for storage, as it is in the garage/warehouse.) The entire building is currently occupied on a month-to-month basis by one tenant, and the owners operating the ground floor business. The property can be delivered vacant at the close of escrow, giving a new owner the freedom to occupy the property, procure new tenants, reconfigure the interior layout, or fully reposition the asset for office and a variety of business uses. Whether you're looking to occupy the space, lease back a portion, or redevelop, this is a blank canvas in one of the most sought-after beach cities in Southern California. With tax records reflecting a larger building area than the stated 2,840 rentable square feet (seller does not warranty or represent the square footage, but the assessor records indicate 3,428 square feet). There's even more potential to unlock value in this premier property. Don't miss your chance to secure a standout investment in Manhattan Beach’s thriving commercial corridor.