Marina Del Rey Restaurant
For Sale
Contact for pricing
14 Washington Blvd, Marina del Rey, CA 90292
Restaurant, bar, and lounge in Marina Del Rey.
Property Size2,800 SF
Lot Size0.90 Acres
Price / SF$2,321
Days on Market641
Property Features for 14 Washington Blvd
General Information
Standard status
Active
Size
2,800 SF
Class
A
Lot size
0.90 Acres
Property subtype
Retail
Zoning
LAC4
Occupancy
100%
Investment Type
Owner/User
Building Details
Year Built
1996
Year Renovated
2008
Buildings
1
Stories
1
Units
2
Listing Agency:
Marcus & Millichap - Downtown San Diego
Listed By:
Dustin B. Wilmer · License #CA 01928162
Source:
Crexi
Added: Nov 20, 2024
Changed: Aug 21
Last Checked: Aug 21 at 2:58PM
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 Marcus & Millichap - Downtown San Diego
Investment Insights
Based on property information with market context.
Located at the intersection of Washington Boulevard and Pacific Avenue in Marina Del Rey, CA, this property features a 2,800-square-foot restaurant, bar, and lounge on 0.9 acres of land (3,780 SF). The property can be purchased as an owner/user to implement your own concept or as Mercedes Bar & Grille & Token Taco, in addition to the purchase of the real estate. First opening its doors in 1996, Mercedes Bar & Grille has a laid-back, beachy vibe that reflects its coastal setting. The decor is a blend of coastal chic with modern aesthetic touches, featuring comfortable seating, both indoor and outdoor, that caters to various dining preferences. The outdoor patio offers views of the Pacific Ocean, making it an ideal spot for sunset dining or a leisurely brunch. Mercedes transforms from a bustling eatery during the day to a trendy and inviting lounge as the sun sets. As a lounge, Mercedes offers a unique blend of relaxed elegance and vibrant energy, making it a perfect spot for evening gatherings, date nights, or simply unwinding after a long day. The retail sector has shown resilience and adaptability in the face of evolving market conditions, driven by factors such as e-commerce growth and shifting consumer preferences. In 2023, retail sales reached approximately $110 billion, reflecting a significant increase from previous years and highlighting the robust consumer spending in the region.
Key Highlights
- Rare oceanfront property in Marina Del Rey
- Includes existing restaurant, bar, and lounge business (Mercedes Bar & Grille & Token Taco) or opportunity for owner/user to implement own concept
- FF&E and liquor license valued at $500,000 included
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,749
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 90292, CA
27,681
Population
16,878
Households
1.6
Avg Household Size
40
Median Age
73%
College-Educated
97%
High-School Grad
2.1 sq mi
ZIP Area
13,181
Density / Sq Mi
$136,964
Median Household Income
$95,175
Median Earnings
$3,501
Median Rent
$1,233,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Similar Off Market Nearby
- OCDLA — 222 market st, venice, ca 90291
- KINGS GYROS TRUCK — Venice, CA 90291
- Engaging Gourmet Catering — 2914 Clune Ave, Venice, CA 90291
- Premium Catering Marina Del Rey — 4011 Vía Marina, Marina Del Rey, CA 90292
- SMOOTH•OLOGY — Vía Marina & Panay Way, Marina Del Rey, CA 90292
Frequently Asked Questions
What type of property is this?
Restaurant - Restaurant, bar, and lounge in Marina Del Rey.
Where is this restaurant located?
The property is located at 14 Washington Blvd Marina del Rey, CA.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: Rare oceanfront property in Marina Del Rey; Includes existing restaurant, bar, and lounge business (Mercedes Bar & Grille & Token Taco) or opportunity for owner/user to implement own concept; FF&E and liquor license valued at $500,000 included
