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Santa Monica Commissary Kitchen For Sale 826 Pico Blvd 4,060 SF Retail Building Santa Monica, CA 90405 $3,200,000 ($788.18/SF) 6% Cap Rate
EXECUTIVE SUMMARY
PRICE REDUCED!!!! The Subject Property for Sale is a fully operational Commercial Commissary located in Santa Monica within close proximity to Santa Monica High School and Santa Monica College. Is is also located less than 10 blocks from the Santa Monica Pier. The commissary also has a small front of house section for pic up orders or to have multiple concepts. The space is fully occupied by Winston Pies who have a lease through 2028. Tenant can vacate or can remain in the space per the direction of Buyer. The building is approx. 2,750 sq ft on the ground floor, plus a drive in loading area for a small truck and approx. 1,300 sq. ft. of office/dry storage on the second floor. Building has an active CUP for beer and wine
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,060 SF
Building Class
B
Year Built
1946
Price
$3,200,000
Price Per SF
$788.18
Cap Rate
6%
NOI
$192,000
Tenancy
Single
Building Height
2 Stories
Building FAR
1.33
Lot Size
0.07 AC
Zoning
C4, Santa Monica
Frontage
64’ on Pico Blvd
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Winstons Pies
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Winstons Pies | Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Walk Score®
Walker's Paradise (95)
Transit Score®
Excellent Transit (73)
Bike Score®
Biker's Paradise (94)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 4284-001-008 | Improvements Assessment | $369,423 (2025) |
| Land Assessment | $985,138 (2025) | Total Assessment | $1,354,561 (2025) |
PROPERTY TAXES
Parcel Number
4284-001-008
Land Assessment
$985,138 (2025)
Improvements Assessment
$369,423 (2025)
Total Assessment
$1,354,561 (2025)
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Santa Monica Commissary Kitchen For Sale | 826 Pico Blvd
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