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Marina Del Rey Restaurant Opportunity

14 Washington Blvd, Marina del Rey, CA 90292

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For Sale

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Restaurant, bar, and lounge in Marina Del Rey.

Type:Retail

Property size:

2,800 SF

Lot size:

0.90 Acres

Price / SF:

$2,321/SF

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
Features a 2,800 square foot building on 0.9 acres (3,780 SF) of land
High‑traffic location at the intersection of Washington Boulevard & Pacific Avenue
Enjoy the outdoor patio with Pacific Ocean views

We can help!

Contact an agent

Dustin B. Wilmer

For Sale

Contact for pricing

Restaurant, bar, and lounge in Marina Del Rey.

Type:Retail

Property size:

2,800 SF

Lot size:

0.90 Acres

Price / SF:

$2,321/SF

Added:: Nov 20, 2024
Days on Market:: 595
Last Refresh:: Jul 4 at 10:24 am

Property Features for 14 Washington Blvd

General Information

Standard status: Active
Size: 2,800 SF
Lot size: 0.90 Acres
Property subtype: Retail

Building Details

Year Built: 1996

We can help!

Contact an agent

Dustin B. Wilmer

Listing office Marcus & Millichap - Downtown San Diego

Listing date Nov 20, 2024

Source Crexi

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

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
Features a 2,800 square foot building on 0.9 acres (3,780 SF) of land
High‑traffic location at the intersection of Washington Boulevard & Pacific Avenue
Enjoy the outdoor patio with Pacific Ocean views

Overview

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.

Property Profile Location Intelligence

Current Use by Public Records

Bars & Pubs

Suggested Use

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Location Insight

Map
Local Demand

City: Marina del Rey
County: Los Angeles
State: California
Longitude: -118.4663079
Latitude: 33.9791583

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For sale
Restaurants
CA
Marina del Rey
90292
14 Washington Blvd

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