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Retail Suite with Walk-In Coolers

233 N Harbor Blvd, San Pedro, CA 90731

For Sale
Contact for pricing

Retail space on a major throughfare with dedicated parking and existing walk-in refrigeration infrastructure.

Property Size19,684 SF
Days on Market143

Property Features for 233 N Harbor Blvd

General Information

Standard status Active
Size 19,684 SF
Property subtype Retail
Lease Term $0.60

Additional Details

Business Included Yes
Commercial Hood Yes

Building Details

Building Size 19,684 SF
Year Built 1987

Properties For Sale

at 233 N Harbor Blvd Contact us

A-2

Size 3,000 SF
Type Street Retail
Term Negotiable
Contact us

G

Size 1,250 SF
Type Street Retail
Term Negotiable
Contact us
Listing Agency: CBM1
Listed By: Daniel Barriga · License CA #02031360
Source: Cbm1
Added: Jun 25 Changed: Nov 1 Last Checked: Nov 12 at 6:59AM

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 CBM1

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Leasing at Harbor Beacon offers businesses available retail and restaurant-conversion space anchored by West Marine. The property is positioned along a major throughfare with multiple points of ingress and egress, supported by dedicated onsite parking. On-site improvements include a walk-in cooler with existing ventilation, along with floor drains and plumbing fixtures.

This Harbor Beacon location is in the San Pedro area at 233 N Harbor Blvd, and it benefits from the visibility associated with a high-traffic commercial corridor. West Marine anchors the center, helping provide a steady draw from neighboring retail uses. The space configuration is intended to support food-and-beverage concepts, with existing walk-in refrigeration equipment included.

The combination of walk-in cooler/freezer infrastructure, floor drains, and plumbing fixtures can support operators looking for a restaurant or brewery-ready setup. The property’s access and parking layout are also designed for convenient customer arrivals and deliveries. Buyers or tenants seeking flexible retail and food-focused uses should find the existing refrigeration features particularly useful when evaluating a restaurant or beverage-oriented buildout.

Key Highlights

  • Retail/commercial space at Harbor Beacon, built in 1987
  • Located on a major throughfare with multiple ingress/egress points
  • Dedicated onsite parking available

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$456,810
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,136,200 $9.1M
Cap Rate 7%
$6,525,857 $6.5M
Cap Rate 9%
$5,075,667 $5.1M
Market Conditions
NOI Build-Up for 19,684 SF
Gross rent
$727.5K $36.96/SF
− Vacancy
−$74.9K −$3.81/SF
EGI
$652.6K $33.15/SF
− OpEx
−$195.8K −$9.95/SF
NOI
$456.8K $23.21/SF
Area
Los Angeles, CA
Vacancy
10.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,136,200
Cap Rate 7%
$6,525,857
Cap Rate 9%
$5,075,667

Alternative Uses

Best Use
Specialty Retail
$7.62M
$6.66M – $8.88M (±1% cap)
NOI $533,091 @ 7.0% cap
Second Best
Retail
$6.53M
$5.71M – $7.61M (±1% cap)
NOI $456,810 @ 7.0% cap
Theoretical Best
Office A
$8.22M
$7.19M – $9.59M (±1% cap)
NOI $575,282 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Strip malls

Suggested Use

Top Pick Tanning Salon Veterinary Clinic Clothing & Fashion Store Butcher (Bike/Boat/Book/etc) Store Restaurant

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

Turnkey business
Opportunity
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

1,630
Businesses Nearby
39k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 54% Shops & Services 29% Apparel 12% Electronics 5%
Crowne Plaza Los Angeles Harbor Hotel Hotels & Casinos
20,766 visits/mo 0.5 miles
Family Dollar Shops & Services
11,049 visits/mo 0.5 miles
West Marine Apparel
4,812 visits/mo 0.0 miles
Metro by T-Mobile Electronics
1,925 visits/mo 0.5 miles

Demographics for 90731, CA

61,270
Population
24,477
Households
2.5
Avg Household Size
38
Median Age
25%
College-Educated
81%
High-School Grad
9.3 sq mi
ZIP Area
6,588
Density / Sq Mi
$71,936
Median Household Income
$41,324
Median Earnings
$1,645
Median Rent
$808,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Strip malls in Los Angeles County, CA

$444 Jul
$479 Aug
$474 Sep
$508 Oct

Properties on Market for Strip malls in Los Angeles County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Strip mall - Retail space on a major throughfare with dedicated parking and existing walk-in refrigeration infrastructure.
Where is this strip mall located?
The property is located at 233 N Harbor Blvd San Pedro, CA.
What are key features of this property?
This property features: Retail/commercial space at Harbor Beacon, built in 1987; Located on a major throughfare with multiple ingress/egress points; Dedicated onsite parking available
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Includes: Price & PSF · Cap rate · Location · Zoning

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