Coldwell Banker Commercial WESTMAC has arranged the sale of 12820 Venice Boulevard for $1,275,000.
12820 Venice Boulevard, a commercial retail building near downtown Mar Vista, has sold for $645 price per square foot. The property consists of one single-story building, approximately 1,974-square feet on an estimated 4,721-square feet of land.
A private buyer purchased the property as owner-users and was able to secure 90% SBA financing. “The buyer recognized a unique opportunity to purchase prime commercial real estate that would give their business excellent visibility along Venice Boulevard,” said T.C. Macker, CCIM.
The area along Venice Boulevard is amenity rich, surrounded by dense residential, and is easily accessible to the 405 Freeway and Pacific Coast Highway.
T.C. Macker, CCIM and Brian R. Hart of Coldwell Banker Commercial WESTMAC represented Buyer and Seller.