202 Main St - Restaurant FOR SALE


Venice, CA 90291
$10,900,000 USD
310-966-4382
202 Main St, Venice, CA for Sale
$10,900,000 USD
Restaurant - FOR SALE
1/27
null | Request Cap Rate

202 Main St
Venice, CA 90291


HIGHLIGHTS

  • Mixed-use building comprised of ground floor retail units and two apartments on the second floor.
  • The leased residential units include a 2 bedroom & 2 bath unit with a large patio space & a 3 bedroom and 3 bathroom front unit with a rooftop patio.
  • The ground floor retail spaces are poised for restaurant users with permission already obtained from the City as well as the CUP for liquor approved.
  • Located on Main Street just north of Rose Avenue in the heart of Venice.
  • Conveniently located less than 30 minutes from LAX. Venice’s iconic Abbot Kinney Boulevard is less than two minute drive away.

OVERVIEW

WESTMAC Commercial Brokerage Company is offering the opportunity to acquire 202 Main Street. The property is located on Main Street just north of Rose Avenue in Venice Beach. The subject property is a mixed-use building comprised of ground floor retail units and two apartments on the second floor. The residential units, which are fully leased, include a two bedroom and two bath unit with a large patio space and a three bedroom and two bathroom unit with a rooftop patio. The ground floor retail spaces are poised for restaurant users with permission already obtained from the City as well as the CUP for liquor approved. The hoods, vents, and grease interceptors have all been installed and passed inspections. There is an outside patio space for outside dining as well. Located just north of Rose Avenue in the heart of Venice, this vibrant mixed-use property offers a rare opportunity to own in one of LA’s most sought-after neighborhoods. Main Street is a bustling hub of local culture, office users, retail, and dining. The property is conveniently located less than 30 minutes from LAX. Venice’s iconic Abbot Kinney Boulevard is less than two minute drive away . This is an excellent opportunity to own a premier property in the perfect Venice location.

FOR SALE DETAILS

PRICE

$10,900,000 USD

PRICE/SF

$1,338 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mixed Use Restaurants & Condos

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1921

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

LAC2

APN/PARCEL ID

4286-003-001

ASK ABOUT THIS PROPERTY

Milan AshleyWESTMAC Commercial Brokerage CompanyMore Info
310-966-4382

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Milan AshleyWESTMAC Commercial Brokerage CompanyMore Info
310-966-4382

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.