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    407 Colorado Ave Santa Monica, CA 90401

    Sponsored
    For Lease
    Contact for pricing

    High-traffic retail space, multiple units available.

    Lot size:
    4,707 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity is located at 407 Colorado Avenue in Santa Monica, California, 90401. The property boasts a total of 4,707 square feet, currently entirely vacant and available for lease. Multiple tenancy options exist, with spaces ranging from a minimum of 986 square feet to a maximum contiguous space of 3,721 square feet. The building offers excellent visibility and accessibility, situated on the corner of Colorado Avenue and 4th Street. This prime location offers unparalleled exposure, directly across from the bustling Santa Monica Place shopping center and the convenient Metro station. Furthermore, the property is within easy walking distance of the renowned Third Street Promenade and the iconic Santa Monica Pier, ensuring high foot traffic and a vibrant customer base. Ample parking is provided with 18 spaces available for tenants and customers. This property is ideal for a variety of retail or restaurant uses, presenting a unique chance to establish a thriving business in one of Southern California's most desirable locations. Los Angeles County zoning regulations apply. The property is classified as Commercial, with a Retail/Restaurant property type.

    Property Features for 407 Colorado Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,707 SF

    Unit(s) available at that property

    Space
    Ground Floor
    Size
    3,721 SF
    Space
    Second Floor
    Size
    986 SF

    HighLights

    • 4,707 square feet of vacant retail space available for lease at 407 Colorado Avenue, Santa Monica, CA 90401.
    • Multiple lease options from 986 to 3,721 contiguous square feet.
    • High visibility corner location at Colorado Avenue and 4th Street, across from Santa Monica Place and the Metro station.
    • Excellent foot traffic near Third Street Promenade and Santa Monica Pier.
    • 18 parking spaces available.
    • Suitable for retail or restaurant use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Saba Jahanian - BancWest ... Financial Planner

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Santa Monica
    County
    Los Angeles
    State
    California
    Longitude
    -118.4919468
    Latitude
    34.01414

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    FAQs

    What type of property is this?
    Restaurant - High-traffic retail space, multiple units available.
    Where is this restaurant located?
    The property is located at 407 Colorado Ave Santa Monica, CA.
    What are key features of this property?
    This property features: 4,707 square feet of vacant retail space available for lease at 407 Colorado Avenue, Santa Monica, CA 90401.; Multiple lease options from 986 to 3,721 contiguous square feet.; High visibility corner location at Colorado Avenue and 4th Street, across from Santa Monica Place and the Metro station.
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    407 Colorado Ave Santa Monica, CA 90401
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    Santa Monica, CA 90401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    407 Colorado Ave Santa Monica, CA 90401
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