About This Restaurant
Investment Highlights
potential drive-thru heavy traffic signalized corner
Executive Summary
Extremely rare corner lot offering on the famous CA Route 1, Pacific Coast Highway. 90' of frontage on PCH. 0.40 Acres Zoned commercial in the city of Lomita. Owner has concept drawings and plans for a potential drive-thru establishment. Currently operating as a used car dealership, this is an ideal opportunity to purchase frontage on PCH, and either redevelop, or hold onto and continue operating a similar line of business. Currently occupied by owner/user and will be delivered vacant upon COE. Parcels included are: 7553-007-054, 7553-007-016, 7553-007-053.
Property Details
- Sale Type Owner User
- Sale Conditions Redevelopment Project Redevelopment Project Building in Shell Condition Redevelopment Project
- Property Type Retail
- Property Subtype Fast Food Fast Food General Retail Freestanding General Retail Restaurant Fast Food
- Building Size 924
- Building Class C
- Year Built 1956
- Price 2,999,000
- Price Per SF 3,246
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.05
- Land Acres 0.40 AC
Amenities
- 24 Hour Access
- Bus Line
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
Nearby Amenities & Transportation
| Retail | CrossFit | ||
| Retail | U.S. Bank | ||
| Retail | Starbucks | ||
| Retail | Jack In The Box | ||
| Retail | First Citizens Bank & Trust | ||
| Retail | Grocery Outlet | ||
| Retail | NORMS | ||
| Retail | Panda Express | ||
| Retail | Wingstop | ||
| Retail | Veggie Grill |
Property Taxes
| Parcel Number | 7553-007-016 7553-007-053 7553-007-054 | Improvements Assessment | $1,020,000 |
| Land Assessment | $61,200 | Total Assessment | $1,081,200 |
| Date Created: | 2024-07-16 04:09:24 | Last Updated: | 2024-07-16 04:09:24 |
| Address: | 2002-2008 Pacific Coast Hwy , Lomita, California, 90717 | ||