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806 Manhattan Beach Blvd Manhattan Beach, CA 90266

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For Sale
$6,200,000

Prime location with redevelopment potential in Manhattan Beach.

Property Features for 806 Manhattan Beach Blvd

General Information

Standard status
Active

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Listing Contact
Dan Riley
Source: Cbre

Listing Agent: Dan Riley

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Manhattan Beach Boulevard Opportunity

This commercial property is located on Manhattan Beach Boulevard, serving as a gateway to downtown Manhattan Beach. The property offers stable in-place income with near-term upside potential for a value-add investor. Redevelopment opportunities exist for commercial or apartment use, subject to a City approved Use Permit (CUP). The location provides immediate access to desirable amenities and is adjacent to the affluent Hill Section homes district. The property benefits from a synergistic personal and professional services tenancy and solid underlying real estate fundamentals. Situated in the highly desirable and affluent South Bay trade area, the property is zoned MNCL - Local Commercial, allowing for a wide range of permitted uses, including multifamily redevelopment subject to City approval.
Location Intelligence

Current Use by Public Records

South Bay Car ... Car Dealership Psychological Wellness: Credidio ... Physician The Pilates Nook Gym & Fitness Center MeetingWise, LLC Event Planning Life and Relationships 101 Psychotherapist

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Manhattan Beach
County
Los Angeles
State
California
Longitude
-118.4028714
Latitude
33.8872071

FAQs

What type of property is this?
Retail space - Prime location with redevelopment potential in Manhattan Beach.
Where is this retail space located?
The property is located at 806 Manhattan Beach Blvd Manhattan Beach, CA.
What is the asking price?
The asking price for this property is $6,200,000.
What are key features of this property?
This property features: - Irreplaceable Manhattan Beach Boulevard Location – “Gateway” To Downtown Manhattan Beach; - Stable In Place Income With Substantial Near-Term Upside Potential; - Multifamily redevelopment potential subject to City approved "USE" PERMIT (CUP)
More about this property
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