1209 S Pacific Ave
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1209 S Pacific Ave
7,950 SF Retail Building San Pedro, CA 90731 $1,069,200 ($134/SF)
Investment Highlights
- 12,060-Square-Foot Retail Property on 0.42-Acres of Land
- Property is Comprised of Two Buildings Allowing for Single or Multi-Tenant Use
- Owner-User or Investor Lease Up Opportunity with Long-term Development Potential
- Hard-Corner Location with 180' Frontage on Pacific Avenue and 100' on 12th Street
Executive Summary
Marcus & Millichap is pleased to present the opportunity to acquire the property located at 1209 to 1221 S Pacific Avenue in San Pedro, California, for sale as vacant and sold together or separate. The subject property consists of approximately 17,350 square feet of retail space and is situated on 0.43 acres of land. The two-building asset features a clear height of 14’-16’, three-phase power, one ground level door and 180’ feet of street frontage on the heavily trafficked S Pacific Avenue, located on a hard corner. The property can be acquired for owner-user use or an investor with lease-up potential at the close of escrow.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
7,950 SF
Building Class
C
Year Built
1920
Price
$1,069,200
Price Per SF
$134
Tenancy
Single
Building Height
1 Story
Building FAR
0.87
Lot Size
0.21 AC
Zoning
LAC2 - Commercial C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Uses
Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (87)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 7454-020-018 | Improvements Assessment | $295,283 |
Land Assessment | $688,995 | Total Assessment | $984,278 |
PROPERTY TAXES
Parcel Number
7454-020-018
Land Assessment
$688,995
Improvements Assessment
$295,283
Total Assessment
$984,278
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1209 S Pacific Ave
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