202 MAIN St
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202 MAIN St
8,700 SF 39% Leased Retail Building Venice, CA 90291 $12,500,000 ($1,437/SF)
Investment Highlights
- Mixed-use building comprised of ground floor retail units and two apartments on the second floor.
- The residential units, fully leased, include a two bedroom & two bath unit with a large patio space & a three bedroom and two bathroom
- he 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
Executive Summary
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.
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.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
8,700 SF
Building Class
B
Year Built
2019
Price
$12,500,000
Price Per SF
$1,437
Percent Leased
39%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.82
Land Acres
0.11 AC
Zoning
LAC2 - Commercial
Frontage
48 FT on Main Street
Amenities
- 24 Hour Access
- Corner Lot
- Courtyard
- Restaurant
- Tenant Controlled HVAC
- Wheelchair Accessible
- Air Conditioning
- Balcony
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Ready for tenant improvements with hood, walk-in, plumbing, restrooms, and counter installed.
A unique space for the discerning restaurateur with retail frontage, a front and back patio, basement level area for food prep, restrooms or wine storage.
| Space | Size | Space Use | Position | Available |
| Restaurant 1 | 1,500 SF | Retail | - | Now |
| Restaurant 2 | 3,800 SF | Retail | - | Now |
Restaurant 1
| Size |
| 1,500 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Restaurant 2
| Size |
| 3,800 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1 of 9
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Restaurant 1
| Size | 1,500 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Ready for tenant improvements with hood, walk-in, plumbing, restrooms, and counter installed.
1 of 9
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Restaurant 2
| Size | 3,800 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
A unique space for the discerning restaurateur with retail frontage, a front and back patio, basement level area for food prep, restrooms or wine storage.
Walk Score ®
Walker's Paradise (94)
Bike Score ®
Biker's Paradise (91)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 4286-003-001 | Improvements Assessment | $1,227,069 |
| Land Assessment | $3,792,763 | Total Assessment | $5,019,832 |
PROPERTY TAXES
Parcel Number
4286-003-001
Land Assessment
$3,792,763
Improvements Assessment
$1,227,069
Total Assessment
$5,019,832
-
Milan Ashley -
Erica Taylor -
WESTMAC Commercial Brokerage Company
1 of 15
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PHOTOS
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STREET
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202 MAIN St
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