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2500 Artesia Blvd 3,218 SF 100% Leased Retail Building Redondo Beach, CA 90278 $2,749,888 ($854.53/SF)

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INVESTMENT HIGHLIGHTS

  • Heavy Day Time Traffic
  • Gated Parking Lot
  • Opportunity to Redevelop the Property
  • Corner Lot
  • Highly Visable Building

EXECUTIVE SUMMARY

Thompson Team Real Estate is proud to exclusively offer a prime commercial real estate opportunity in the heart of Redondo Beach, California - a beautifully designed retail building on a corner lot spanning close to 9,750 square feet. This property boasts a spacious 3,218 square foot building with a fenced parking lot accommodating 15 plus cars, making it a rare find in this bustling neighborhood. With heavy daytime traffic passing by and its highly visible building, this property offers an unparalleled opportunity to establish a successful business in the area. Whether you're looking for an investment property or a place to open your dream restaurant or retail store, this property has many potential uses to meet your needs. This retail building will be delivered vacant, providing ample space for your business ideas to take shape. With its location and proximity to other businesses, this property has the potential to attract a large customer base and help grow your business. Moreover, this property may also qualify for Redondo Beach's new cannabis retail location, providing additional investment opportunities in the thriving cannabis industry. Don't miss out on the chance to own a prime commercial property in one of the most sought-after locations in Redondo Beach. Contact us today to schedule a tour and see for yourself why this property is the perfect place to start your business.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Conditions
Build to Suit
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,218 SF
Building Class
C
Year Built
1948
Price
$2,749,888
Price Per SF
$854.53
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
0.22 AC
Zoning
GC, Redondo Beach
Parking
15 Spaces (4.66 Spaces per 1,000 SF Leased)
Frontage
50’ on Artesia

AMENITIES

  • 24 Hour Access
  • Corner Lot
  • Fenced Lot
  • Restaurant
  • Air Conditioning
Walk Score®
Walker's Paradise (91)
Bike Score®
Very Bikeable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

First Citizens Bank & Trust
Thai Express Food To Go
CrossFit
The Coffee Bean & Tea Leaf
Grocery Outlet
Starbucks
CKO Kickboxing
Corepower Yoga
Red Robin Gourmet Burgers And Brews
Hot Dog on a Stick

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4157-001-023
Land Assessment
$1,131,568
Improvements Assessment
$470,034
Total Assessment
$1,601,602
  • Listing ID: 28084941

  • Date on Market: 3/28/2023

  • Last Updated:

  • Address: 2500 Artesia Blvd, Redondo Beach, CA 90278

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