Commercial Real Estate, CRE News, T.C. Macker PR releases

Just Sold in Venice Beach for $1.85M


Tagged: , , , , , , , , , ,

Venice, CA – A single-story, 1,787-square foot building located on the high-traffic arterial Lincoln Boulevard has sold for $1,850,000.

Private Sellers sold the former auto repair shop located at 208 Lincoln Boulevard to Swedish Cap Repair, LLC, a limited liability company. The Buyer purchased the property as an owner-user and plans to convert the 4,000-square foot lot into a clothing store.

“At a premium of $1,035 per square foot, that’s the highest price to date for an auto repair facility on Lincoln Boulevard in Venice,” says Brian Hart.

208 Lincoln Boulevard is situated in the Venice neighborhood of Los Angeles, popular with both tourist and locals thanks to its blend of upscale boutiques, funky shops, eclectic cafés, and famous boardwalk.

T.C. Macker, CCIM and Brian Hart of Coldwell Banker Commercial WESTMAC represented both the Buyer and the Seller.

IMG_0586

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s