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Vacant-User

2101-2107 Main St

2101 Main St, Santa Monica, CA 90405

Listing Price: $6,500,000

Cap Rate
1.84%
Gross SF
4,648
Rentable SF
4,648
Price/Gross SF
$1,398.45
Lot Size
0.11 acres
Year Built
1956

Investment Overview

Marcus & Millichap is pleased to introduce an exceptional commercial retail opportunity in the heart of Santa Monica, CA, located at 2101-2107 Main St. This prized property presents a once-in-a-lifetime chance to acquire a highly coveted retail location that has not been on the market in over 60 years. This 1956-built gem is prime real estate with 4,648 square feet of versatile space; three (3) ground floor retail suites and one (1) second floor office suite.

The property is ideally suited for an owner-user seeking a premium commercial space or an investor looking for lucrative returns. The flexibility of month-to-month leases allows for easy adaptation to an Owner-Users specific needs. Or as an investor, capitalize on the upside potential in rent, ensuring a rewarding long-term investment.

Convenience and accessibility are at the forefront with six (6) parking spaces, making it easy for customers to visit this high-profile walking street location. Positioned at the signalized hard corner of Main St and Bicknell Ave, the property enjoys heightened visibility and foot traffic, ensuring constant exposure to a vibrant customer base.

Surrounded by thriving neighborhoods, this location boasts impressive demographics, with a population of 177,460 within a 3-mile radius and an average household income of $163,708 within the same area. Such strong demographics create an attractive and sustainable customer base for any business venture.

Moreover, the proximity to notable attractions such as Santa Monica Pier, 3rd Street Promenade, Santa Monica City Hall and Civic Auditorium, Santa Monica College, Abbot Kinney Blvd, and the world-famous Muscle Beach, further enhances the property’s allure and potential for success.

Embracing the coastal lifestyle, this rare property lies just 2 ½ blocks from Ocean Park Beach, offering a perfect blend of leisure and commerce. Whether a Buyer envisions a boutique shop, trendy eatery, or a sought-after service establishment, this Santa Monica property provides an unparalleled canvas for a Buyers business dream.

Investment Highlights

  • Rare Trophy Location in the Heart of Santa Monica
  • First Time on the Market in More than 60 Years
  • Ideal Owner-User Transaction / Month-to-Month Leases or Upside in Rents for an Investor

Exclusively Listed By

Financing By

Vacant-User

2101-2107 Main St

Listing Price: $6,500,000

Cap Rate
1.84%
Gross SF
4,648
Rentable SF
4,648
Price/Gross SF
$1,398.45
Lot Size
0.11 acres
Year Built
1956

Investment Highlights

  • Rare Trophy Location in the Heart of Santa Monica
  • First Time on the Market in More than 60 Years
  • Ideal Owner-User Transaction / Month-to-Month Leases or Upside in Rents for an Investor

Investment Overview

Marcus & Millichap is pleased to introduce an exceptional commercial retail opportunity in the heart of Santa Monica, CA, located at 2101-2107 Main St. This prized property presents a once-in-a-lifetime chance to acquire a highly coveted retail location that has not been on the market in over 60 years. This 1956-built gem is prime real estate with 4,648 square feet of versatile space; three (3) ground floor retail suites and one (1) second floor office suite. The property is ideally suited for an owner-user seeking a premium commercial space or an investor looking for lucrative returns. The flexibility of month-to-month leases allows for easy adaptation to an Owner-Users specific needs. Or as an investor, capitalize on the upside potential in rent, ensuring a rewarding long-term investment. Convenience and accessibility are at the forefront with six (6) parking spaces, making it easy for customers to visit this high-profile walking street location. Positioned at the signalized hard corner of Main St and Bicknell Ave, the property enjoys heightened visibility and foot traffic, ensuring constant exposure to a vibrant customer base. Surrounded by thriving neighborhoods, this location boasts impressive demographics, with a population of 177,460 within a 3-mile radius and an average household income of $163,708 within the same area. Such strong demographics create an attractive and sustainable customer base for any business venture. Moreover, the proximity to notable attractions such as Santa Monica Pier, 3rd Street Promenade, Santa Monica City Hall and Civic Auditorium, Santa Monica College, Abbot Kinney Blvd, and the world-famous Muscle Beach, further enhances the property’s allure and potential for success. Embracing the coastal lifestyle, this rare property lies just 2 ½ blocks from Ocean Park Beach, offering a perfect blend of leisure and commerce. Whether a Buyer envisions a boutique shop, trendy eatery, or a sought-after service establishment, this Santa Monica property provides an unparalleled canvas for a Buyers business dream.

Exclusively Listed By

Financing By

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