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Property profile & analytics
OFF-MARKET Estimated value $20,790,000
Investment properties

2000 Main St Santa Monica, CA 90405-1010

143,152 SF 1.12 ac lot Built 2007
Individually Owned Absentee Owner Free & Clear
Property ID
US09-9174816
Property summary
AI-generated overview

This exceptional 4,303-square-foot retail or restaurant space is ideally situated at 2000 Main Street, at the crossroads of Santa Monica's vibrant Ocean Park and Downtown neighborhoods. This second-generation restaurant space offers a unique opportunity for a discerning tenant seeking high visibility and foot traffic. The property boasts a minimum 1,400-square-foot kitchen area, perfect for a full-service establishment. Located near popular destinations such as the Santa Monica Pier, Shutters on the Beach, Hotel Casa Del Mar, and Viceroy Santa Monica Hotel, this location benefits from a dense residential population and thriving tourism. The space is currently vacant and available for lease. Key money is available upon request. The approximate monthly rental rate is $22,411, with a 7-year lease term, though longer-term direct leases may be possible. The property also offers the potential to combine with an adjacent space on M Street. Validated customer parking is available on-site. The space is permitted for a Type-47, full liquor license, and operating hours are 7 am to 11 pm Sunday through Thursday, and 7 am to 12 am Friday and Saturday. This is a rare opportunity to establish a thriving business in one of Santa Monica's most desirable locations. The property is located in Los Angeles County.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 2007
Construction WOOD
Total area 143,152 SF
Lot 1.12 ac (48,773 SF)
Zoning code SMCM
APN 4289-020-021
UPID US09-9174816
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Avalon Santa Monica on Main Real Estate Agency
  • F45 Training Santa Monica Main St Gym & Fitness Center
  • Design Digital Marketing & Advertising Advertising Agency
  • Plumb Inc - Plumber Plumbing Service General Contractor
  • 2000 Main St Garage Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$16.62M
Blend (final) Blend
$20.79M
Owner & transaction history
SPEYER ARCHSTONE SMITH TISHMAN
SPEYER ARCHSTONE SMITH TISHMAN
Zoning & alternative use
SMCM · Santa Monica, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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