A most rare offering in the heart of downtown, 185 Culver Blvd. is being offered for the first time as a standalone sale. Current tenant is "The Shack Restaurant" -- a landmark eating spot in Playa del Rey for 45 years. Offering includes the adjacent 1695sf LAR3 lot -- currently used for restaurant parking -- may be developed independently of the restaurant. Liquor license is owned by the current business occupant and does not run with the property. The C-4 zoned restaurant boasts a Culver Blvd R-3 overlay, allowing for residential build above the existing structure. Subject to Coastal Commission Review if ground or air space is altered. Huge upside development potential in an underdeveloped beach market.