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Investment Highlights
- Corner Lot
- Lots of Natural Light
- Incredible Signage
- Great Parking
Executive Summary
Rare opportunity to acquire a northeast corner on the prime section of Manhattan Beach Blvd in Manhattan Beach. This approximate 3,553 square foot commercial building was a custom ground-up build in 1994. The building is now vacant and ready for either a new tenant or buyer/owner. The building was designed with 20 foot ceilings in a majority of the space, windows wrapping around all sides bringing in lots of natural light throughout. There is an interior stairwell that takes you up to the second floor which features 3 offices/rooms. The building features 3 separate entrances and 3 electrical panels and hence can be divided into 2 or 3 separate units. There are 2 bathrooms, both accessed from outside of the space. The parking lot is striped for 11 cars (includes 1 handicap space) and features ingress/egress from MB Blvd and Walnut Avenue. Land size: apprx 8,758 SF. Zoning allows for a multitude of uses and development, please check Manhattan Beach City Zoning website for further information on development guidelines.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
3,553 SF
Building Class
C
Year Built
1994
Price
$3,250,000
Price Per SF
$914.72
Tenancy
Single
Building Height
1 Story
Building FAR
0.41
Lot Size
0.20 AC
Zoning
CL - Please visit the City website for more details on the Local Commercial District zoning: https://www.manhattanbeach.gov/home/showpublisheddocument/5775
Parking
3 Spaces (4.23 Spaces per 1,000 SF Leased)
Frontage
60’ on Manhattan Beach Blvd
Amenities
- Corner Lot
- Signage
Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 4170-010-028 | Improvements Assessment | $365,923 |
| Land Assessment | $766,544 | Total Assessment | $1,132,467 |
Property Taxes
Parcel Number
4170-010-028
Land Assessment
$766,544
Improvements Assessment
$365,923
Total Assessment
$1,132,467
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927 Manhattan Beach Blvd
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