1231-1235 4th St

1231-1235 4th St , Santa Monica, California, 90401 | 6,270 sq.f | $ 4,075,500

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About This Restaurant

Investment Highlights

Located just a block away from the Third Street Promenade Previously used as a yoga studio, currently vacant Second floor features five office spaces and two utility/storage rooms Close proximity to a variety of retail & dining amenities First floor features one large room with approx. 15' high ceilings, a lobby area, and kitchen Skylights throughout provide the building with amply natural light

Executive Summary

WESTMAC Commercial Brokerage Company and Beitler Commercial Realty Services are pleased to offer the opportunity to acquire 1231 4th Street, a +/- 6,270 square foot commercial building situated on +/- 6,007 square feet of Santa Monica BC (Bayside Conservation) zoned land in the Downtown District. This is a perfect owner-user opportunity for someone looking to have a footprint in the heart of Santa Monica, one block away from the Third Street Promenade. Given its location in the Downtown District, the property offers a variety of potential uses, such as medical offices, creative spaces, fitness centers, restaurants, and more.Empty upon 6 month notice, right to deliver property vacant upon notice.

Property Details

  • Sale Type    Owner User
  • Property Type    Retail
  • Property Subtype    Storefront Retail/Office Storefront Retail/Office General Retail Freestanding General Retail Restaurant Office Medical Storefront Retail/Office
  • Building Size    6,270
  • Building Class    C
  • Year Built    1946
  • Price    4,075,500
  • Price Per SF    650
  • Tenancy    Single
  • Building Height    2 Stories
  • Building FAR    1.04
  • Land Acres    0.14 AC

Amenities

  • Skylights

Nearby Amenities & Transportation

Retail The Coffee Bean & Tea Leaf
Retail Oakley
Retail Johnny Rockets
Retail Wolfgang Puck Express
Retail Starbucks
Retail Tender Greens
Retail Gyu-Kaku Japanese BBQ
Retail Banc of California
Retail Lemonade
Retail Cyclebar

Property Taxes

Parcel Number 4291-004-010 Improvements Assessment $1,926,880
Land Assessment $985,298 Total Assessment $2,912,178
Date Created: 2024-07-16 04:09:24 Last Updated: 2024-07-16 04:09:24
Address: 1231-1235 4th St , Santa Monica, California, 90401