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Prime Santa Monica Retail Space
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1404 3rd Street Promenade, Santa Monica, CA 90401

Unique retail opportunity on Third Street Promenade in Santa Monica.

Space SizeContact for details
Days on Market274

Property Features for 1404 3rd Street Promenade

General Information

Standard status Active
Property subtype FlexIndustrial
Listing Agency:
Listed By: Blake Mirkin · License #00845245
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 22 Last Checked: Aug 22 at 2:04PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Blake Mirkin

Investment Insights

Based on property information with market context.

This retail space offers approximately 26,750 square feet across three levels, complemented by a unique rooftop area of approximately 5,000 square feet and a basement of approximately 1,525 square feet. The property features approximately 50 linear feet of frontage on Third Street Promenade. The space provides 20-foot clear ceiling heights and is suitable for either single or multi-level flagship retail operations. Situated in downtown Santa Monica, the location boasts a Walk Score of 95, indicating a "Walker's Paradise," and a Bike Score of 84, signifying it is "Very Bikeable."

Key Highlights

  • Prime downtown Santa Monica, 3rd Street Promenade location.
  • +/- 26,750 SF on three levels.
  • Boasting +/-50' linear feet of prime Third Street Promenade frontage.

Property Analytics

Current Use

Willy Bietak Productions, ... Theater & Performing Art Venue Law Offices of Richard ... Law Firm The Frisch Approach: Transformational ... Theater & Performing Art Venue The Director's Perspective Acting ... Theater & Performing Art Venue

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Grocery & Convenience Store Butcher Clothing & Fashion Store Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

7,866
Businesses Nearby

Demographics for 90401, CA

8,167
Population
5,782
Households
1.4
Avg Household Size
39
Median Age
76%
College-Educated
97%
High-School Grad
0.8 sq mi
ZIP Area
10,209
Density / Sq Mi
$106,704
Median Household Income
$98,906
Median Earnings
$2,549
Median Rent
$1,129,700
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Unique retail opportunity on Third Street Promenade in Santa Monica.
Where is this retail space located?
The property is located at 1404 3rd Street Promenade Santa Monica, CA.
What are key features of this property?
This property features: Prime downtown Santa Monica, 3rd Street Promenade location.; +/- 26,750 SF on three levels.; Boasting +/-50' linear feet of prime Third Street Promenade frontage.
More about this property
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