217 W 6th St
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217 W 6th St
21,299 SF Vacant Retail Building Los Angeles, CA $7,900,000 ($371/SF)

Investment Highlights
- Excellent opportunity to purchase a unique asset and piece of American history in Downtown Los Angeles
- Located in the heart of DTLA and surrounded by an abundance of amenities and new retailers
- Options for expansion while leasing out renovated bar/restaurant space on ground /basement
Executive Summary
Avison Young is pleased to present an exceptional opportunity to acquire “The Chocolate Shop” building, located on 6th Street between Broadway and Spring in the Historic Core District of Downtown Los Angeles. This classical turn-of-the-century building contains one of the finest tile installations by the renowned tilemaker Ernest Batchelder. The installation consists of approximately 3,200 square feet of floor to-ceiling hand-crafted tiles, which intricately depict scenes from traditional Dutch life.
The property is improved with a four-story vacant commercial building containing approximately 21,299 of gross square feet that includes 4,287 square feet of usable basement space. This amazing, historical building presents the buyer with an opportunity to realize its true potential by restoring the ground/basement space into an iconic restaurant or speakeasy. The ground floor tile installation is a designated Los Angeles Historic-Cultural Monument, providing the buyer with the flexibility to renovate floors 2-4 into office or residential.
The property is improved with a four-story vacant commercial building containing approximately 21,299 of gross square feet that includes 4,287 square feet of usable basement space. This amazing, historical building presents the buyer with an opportunity to realize its true potential by restoring the ground/basement space into an iconic restaurant or speakeasy. The ground floor tile installation is a designated Los Angeles Historic-Cultural Monument, providing the buyer with the flexibility to renovate floors 2-4 into office or residential.
Data Room Click Here to Access
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
21,299 SF
Building Class
C
Year Built
1898
Price
$7,900,000
Price Per SF
$371
Percent Leased
Vacant
Building Height
4 Stories
Building FAR
4.44
Land Acres
0.11 AC
Zoning
LAC5
Frontage
38 FT on 6th Street
Walk Score ®
Walker's Paradise (98)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (88)
Nearby Major Retailers
Transportation
Transit/Subway |
|||
|---|---|---|---|
|
Pershing Square Station
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6 min walk
0.3 mi
|
6 min walk | 0.3 mi |
|
7th Street/Metro Center Station
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11 min walk
0.6 mi
|
11 min walk | 0.6 mi |
|
Civic Center/Grand Park Transit Stop
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16 min walk
0.8 mi
|
16 min walk | 0.8 mi |
Commuter Rail |
|||
|---|---|---|---|
|
Union Station Commuter Rail (Ventura County, Antelope Valley, San Bernardino, Riverside, Orange County, 91 Lines)
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4 min drive
1.6 mi
|
4 min drive | 1.6 mi |
|
Cal State LA Commuter Rail (San Bernardino Line)
![]() ![]() |
8 min drive
5.5 mi
|
8 min drive | 5.5 mi |
|
|||
|---|---|---|---|
|
Los Angeles International Airport
|
25 min drive
15.2 mi
|
25 min drive | 15.2 mi |
|
Bob Hope Airport
|
26 min drive
15.7 mi
|
26 min drive | 15.7 mi |
|
Long Beach-Daugherty Field Airport
|
32 min drive
22.5 mi
|
32 min drive | 22.5 mi |
PROPERTY TAXES
| Parcel Number | 5149-035-010 | Improvements Assessment | $1,640,469 |
| Land Assessment | $2,679,431 | Total Assessment | $4,319,900 |
PROPERTY TAXES
Parcel Number
5149-035-010
Land Assessment
$2,679,431
Improvements Assessment
$1,640,469
Total Assessment
$4,319,900
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217 W 6th St
21,299 SF Vacant Retail Building Los Angeles, CA $7,900,000 ($371/SF)
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