Large price improvement for a unique and outstanding existing property or redevelopment opportunity in Manhattan Beach on Manhattan Beach Blvd. A rare offering of a commercially zoned property situated on a prime corner lot at the bustling gateway of affluent Manhattan Beach. Highly-visible commercial property block is an ideal development site! Prior approved plans for mixed-use medical/residential building included in the sale. Plans offer appx. 1,872 SF of medical office space with an additional appx. 2,460 SF of residential space for a total of approximately 4,400 SF and 11 parking spaces on the ground floor. Approved plans and permits have lapsed and need to be re-approved by the city.Buyer to conduct their own investigation and due diligence with the city of Manhattan BeachProperty highlights: - Heavy drive-by traffic of approximately 30,000+ CPD? Across the street from Trader Joe's? Highly-visible corner lot? Just under 2 miles to the beach. - Currently a 1,704 SF building on a 5,000+ SF Lot (buyer to verify)? Nearby: Trader Joe's, The Redondo Beach Performing Arts Center, Polliwog Park, Target, Downtown Manhattan Beach? Close to aerospace, tech, service, finance industries, Metro Green Line & 405 Fwy Any future development is subject to discretionary approval from the Manhattan Beach Planning Department
Listing Information Provided By
Harcourts Hunter Mason Realty - Redondo Beach
1617 S. Pacific Coast Highway
State License 204502606
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Last updated: 11-10 2019