Urban-High Street

1855 Lincoln Blvd

1855 Lincoln Blvd, Santa Monica, CA 90404

Listing Price: $3,373,000

Gross SF
3,388
Rentable SF
3,388
Price/Gross SF
$995.57
Lot Size
0.16 acres
Year Built
1996

Investment Overview

Marcus & Millichap is pleased to present the offering of 1855 Lincoln Blvd, a multi-tenant creative retail/office building, located in Santa Monica (Silicon Beach), California. Situated one parcel north of the signalized intersection of Pico Blvd and Lincoln Blvd, the property enjoys 50 feet of frontage on Lincoln Blvd which sees over 39,000 vehicles per day. Improvements are comprised of an approximate 2,500 square-foot newer constructed commercial building and an approximate 888 square-foot work shed positioned on a 0.16-acre parcel. The commercial building was built in 1996 by the current Ownership and features polished concrete floors, exposed ceilings & ductwork and over 18 clear height with lofted space in the back of each suite. There are two separate units each with approximately 1,000 SF of open ground floor space and an additional +/-250 SF mezzanine for a total of ~2,500 SF. The work shed in the rear has electrical & plumbing and can be repurposed or converted to additional parking. Currently, there are 7 parking spaces striped in the rear gated lot, however, additional cars will fit if parked tandem and/or the work shed is removed/converted to parking. The underlying zoning is SMC4 which permits a versatile array of commercial and residential uses.

1855 Lincoln Blvd is centrally located in the high demand submarket of Santa Monica, which boasts high-end demographics, dense immediate population, high barriers to entry, and strong market fundamentals. The property is situated in a unique A+ location adjoining some of Los Angeles most sought-after beach communities. Ideally located in West LA, this property is surrounded by affluent neighborhoods, home to some of the most expensive residences, as well as trendy and hip restaurants and shops. 1855 Lincoln Blvd is 1-mile from the beaches of Santa Monica. The property is just minutes from the Santa Monica Pier, Main Street Santa Monica, the 3rd Street Promenade, and Venice Beach.

The property will be delivered vacant at the close of escrow allowing for maximum flexibility. An Owner/User can take possession of the entire building or a portion thereof and lease out the remaining space to offset occupancy costs. Long term fixed SBA financing is available with rates at historical lows. Contact agent for more information.

Investment Highlights

  • Santa Monica/Silicon Beach Multi-Tenant Creative Commercial Space
  • Gated Off-Street Parking as well as an Abundance of Metered Parking along Lincoln
  • 50 of Frontage along Lincoln with Traffic Counts of over ~39,000 Vehicles per Day
  • Situated One Parcel from the Signalized Intersection of Lincoln and Pico Blvd
  • Over 18 Clear Height with Lofted Space in the Back of Each Suite
  • Walking Distance to Downtown Santa Monica Expo Line Metro Station

Exclusively Listed By

Listing Price: $3,373,000

Gross SF
3,388
Rentable SF
3,388
Price/Gross SF
$995.57
Lot Size
0.16 acres
Year Built
1996

Investment Highlights

  • Santa Monica/Silicon Beach Multi-Tenant Creative Commercial Space
  • Gated Off-Street Parking as well as an Abundance of Metered Parking along Lincoln
  • 50 of Frontage along Lincoln with Traffic Counts of over ~39,000 Vehicles per Day
  • Situated One Parcel from the Signalized Intersection of Lincoln and Pico Blvd
  • Over 18 Clear Height with Lofted Space in the Back of Each Suite
  • Walking Distance to Downtown Santa Monica Expo Line Metro Station

Investment Overview

Marcus & Millichap is pleased to present the offering of 1855 Lincoln Blvd, a multi-tenant creative retail/office building, located in Santa Monica (Silicon Beach), California. Situated one parcel north of the signalized intersection of Pico Blvd and Lincoln Blvd, the property enjoys 50 feet of frontage on Lincoln Blvd which sees over 39,000 vehicles per day. Improvements are comprised of an approximate 2,500 square-foot newer constructed commercial building and an approximate 888 square-foot work shed positioned on a 0.16-acre parcel. The commercial building was built in 1996 by the current Ownership and features polished concrete floors, exposed ceilings & ductwork and over 18 clear height with lofted space in the back of each suite. There are two separate units each with approximately 1,000 SF of open ground floor space and an additional +/-250 SF mezzanine for a total of ~2,500 SF. The work shed in the rear has electrical & plumbing and can be repurposed or converted to additional parking. Currently, there are 7 parking spaces striped in the rear gated lot, however, additional cars will fit if parked tandem and/or the work shed is removed/converted to parking. The underlying zoning is SMC4 which permits a versatile array of commercial and residential uses.

1855 Lincoln Blvd is centrally located in the high demand submarket of Santa Monica, which boasts high-end demographics, dense immediate population, high barriers to entry, and strong market fundamentals. The property is situated in a unique A+ location adjoining some of Los Angeles most sought-after beach communities. Ideally located in West LA, this property is surrounded by affluent neighborhoods, home to some of the most expensive residences, as well as trendy and hip restaurants and shops. 1855 Lincoln Blvd is 1-mile from the beaches of Santa Monica. The property is just minutes from the Santa Monica Pier, Main Street Santa Monica, the 3rd Street Promenade, and Venice Beach.

The property will be delivered vacant at the close of escrow allowing for maximum flexibility. An Owner/User can take possession of the entire building or a portion thereof and lease out the remaining space to offset occupancy costs. Long term fixed SBA financing is available with rates at historical lows. Contact agent for more information.

Exclusively Listed By

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