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Off Market
1/11

608 Main St
Venice, CA 90291


HIGHLIGHTS

  • WALK SCORE Walker's Paradise (93)
  • CENTRAL LOCATION - The Subject property is walking distance to the following shopping & dining destinations: Abbot Kinney, Rose Avenue, the Bordwalk
  • RARE USER OPPORTUNITY IN SILICON BEACH - This is a rare opportunity for a user to take advantage of historically low interest rates
  • SUFFICIENT PARKING - The subject property comes with 7 reserved garage parking spaces and there is ample street parking available.
  • SLEEK NEWER CONSTRUCTION The Art Lofts were designed by local known architect named William Dale Brantley of aArts
  • HIGH HISTORICAL RENT ACHIEVED The former tenant was paying close to $11,400/Month NNN in rent.

OVERVIEW

608 Main Street, Venice is a creative office or retail condominium located within the “Venice Art Lofts” complex. The space is currently vacant and suitable for a user or an investor but was most recently the BuzzFeed, Inc.’s Venice office. The gross rentable area of the subject unit is measured at +/- 1,907 square feet*, inclusive of the finished mezzanine area. The subject property was built in 2004 of concrete block/wood/metal construction and designed by a known local architect named William Dale Brantley of aARts. The subject property has access to 7 reserved parking spaces in the covered garage area located at 615 Hampton Drive, Venice, on a 24/7 basis. The subject property is surrounded by art galleries, trendy boutiques, vintage clothing shops, famous restaurants, and the nearby Venice Boardwalk. It’s also within walking distance to the following shopping & dining destinations: Abbot Kinney, Rose Avenue, Ocean Front Walk, and Main Street in Santa Monica. This is a perfect opportunity for a user or an investor to either occupy or re-tenant the property at market rent. The Venice Art Lofts are where creative professionals can be part of an artist community in the heart of the Venice urban cultural corridor. The 49 residential and 2 commercial lofts in the community offer a "raw" natural look, utilizing sleek glass, wood, and metals to create simple, open spaces with dramatic viewing opportunities. These mostly artists-in-residence condominium lofts combine state-of-the-art amenities and the exciting pulse of city living. Outdoor work areas and open walkways between buildings will forge a powerful synergy between residents and visitors to this eclectic community. The Venice Art Lofts was built on the former site of director and actor, Roger Corman's, New Concorde Studios. Corman is famously prolific, both in his American International Pictures years and afterward. *THERE ARE A NUMBER OF DIFFERENT BUILDING SIZES, RANGING FROM ±1,555 TO 1,907 SQUARE FEET. THE LISTED MEASUREMENTS ARE MEANT TO BE APPROXIMATE ONLY. NO WARRANTY IS MADE AS TO THEIR ACCURACY AND BUYER TO DO THEIR OWN INVESTIGATION.

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY NAME

Former BuzzFeed Venice Office

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

1900

STORIES

1

BUILDING CLASS

A

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.3 AC AC

LAND SF

13,068 SF

ZONING

-

APN/PARCEL ID

4286-009-083