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GEORGE GROSS

Coldwell Banker Commercial, NRT

2444 Wilshire #102

Santa Monica, Ca

Ph (310) 586 0344

Fx (310) 829 7010

DRE # 01342211

 

 

 

JACK GROSS

Jack Gross Properties, Inc.

5556 Centinela

Los Angeles, Ca

Ph (424) 228 5502

Fx (424) 228 5503

DRE 00342722

Westside Commercial ©

The information site of George Gross

FOR SALE
NET LEASED RETAIL AT THE VENICE PIER

37 Washington Blvd.

Venice, California 90291

DESCRIPTION: Coldwell Banker Commercial, NRT and Jack Gross Properties, Inc. are proud to present this rare opportunity to purchase a net leased retail building in the unique 1st block of Washington Blvd near the Venice Beach Pier. The building has historically been used as a restaurant and now a retail store leased to a local family since 1997. It is currently configured as an open showroom with storage and restrooms toward the rear and a flight of stairs leading to the open rooftop deck area above.

SIZE: Approximately 1,560 square foot building on an approximately 1,889 square foot lot (per public records).

ZONING: LAC4. Please verify with City.

PRICE: $1,650,000. Buyer agrees to cooperate with Seller in a 1031 tax deferred exchange.

LEASE: Property is currently leased through April 2013. Lease rate is $52,800 per year, triple net and increased annually.

LOCATION: The property is the second parcel West of Pacific Ave. on the North side of Washington Blvd.

APN: A.P.N: 4226-023-015

MAP

PHOTOS

View looking North across Washington Blvd.

 

Ocean view from rooftop deck area.

 

Rear of building from Alley.

© www.westsidecommercial.com 2009

Information herein is believed to be correct but is not warranted. Buyer is strongly encouraged to verify the accuracy of all material information contained within to its satisfaction.