1414 Wilshire Boulevard

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1414 Wilshire Blvd is a prime retail building in Santa Monica consisting of 3,250 SF (not including mezzanine space) and is situated on approximately 5,000 SF of land. Comprised of three (3) tenants (with single tenant opportunity to combine units), this property is exceptionally located on the busy thoroughfare of Wilshire Blvd. Just blocks from the 3rd Street Promenade, this property is in close proximity to many other retailers, restaurants, and entertainment options -- making it a highly sought after location. Boasting traffic counts that exceed 30,000 vehicles per day (VPD) to go along with its exceptional walk score of 91, the property receives a great deal of exposure to potential customers. Given its magnificent location and market CAP rate potential of 3.50%+, this is a great opportunity for any investor looking to expand their portfolio and acquire prime Santa Monica real estate.
1414 Wilshire Boulevard, Santa Monica, CA 90403 | Commercial Sale | Active | 3250 SF | Built 1950 | MLS# SB18136651

Offered at $3,850,000

Features

Pool: No

Meet an expert

Troy Palmquist
Agent | DRE# 01772139

805.409.3662

Based on information from California Regional Multiple Listing Service, Inc. as of May 23, 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Listing provided by
J.Woody Stahl, Lyon Stahl Investment Real Estate, Inc., Source: Local MLS