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listing
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CommercialFor Sale
$12,500,000
1617 S Pacific Ccoast Hwy
Redondo Beach, CA
Listed by Jim Menton DRE#00582209 [email protected] The Realestate Group
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$64,623/mo

This prime, exceptionally visible mixed use retail/office building in Riviera Village, South Redondo Beach's most prestigious retail/office/restaurant/walking area, this 2-story generational icon stands just 2 blocks from the Esplanade oceanfront. It is located at the corner of Pacific Coast Highway and Avenue I, the main gateway to the Village. Anchored by ground-level popular Good Stuff (a regional top-grossing eatery), Coffee Bean store, and Crazy Fish, each with long-term leases ensures stability. The fully-leased always highly desirable space houses 12 additional retail or office tenants, many of whom are long-term successful businesses. The internal space is largely updated and modernized, including an upper-level art deco theme. The building includes plentiful ground-level parking (108 spaces shared with a neighboring building). This property represents a rare investment opportunity in today's severely restricted prime commercial marketplace. It is a Beach Cities jewel. Contact LA for additional details.

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Information courtesy of The Realestate Group is subject to verification and is not guaranteed.
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