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Listed by Stephen Lampe • Re/Max Commercial & Investment
$ 1,900,000
Est. payment /mo
Active Under Contract
840 Pacific Coast Hermosa Beach, CA 90254
UPDATED:
12/20/2024 12:37 AM
Key Details
Property Type Commercial
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID SB-24134834
Year Built 1984
Annual Tax Amount $20,133
Tax Year 2024
Property Description
Located in a prime spot on Pacific Coast Highway, this property offers excellent visibility, making it ideal for a variety of businesses. With a floor area ratio (F.A.R.) of 0.50 to 1.25 and a maximum height of 35 feet, the development potential is substantial. The C-3 zoning allows for a broad range of uses, including dental and medical offices, retail spaces, offices, and animal hospitals or veterinary clinics. The current rent rate is significantly below the market value, presenting an attractive opportunity for future growth. IMPORTANT - FOR LEASE TERM DETAILS CALL LISTING BROKER.
Location
State CA
County Los Angeles
Zoning C3
Interior
Laundry None
Exterior
Utilities Available Sewer Connected, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected
Building
Lot Description Rolling Slope, Lot 6500-9999, Rectangular Lot, Corner Lot
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944