Santa Monica

Commercial Real Estate

New Listing For Sale – Retail/Office/Flex – Santa Monica


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1619 – 1619 1/2 Santa Monica Boulevard is a one-story commercial building in the highly-coveted City of Santa Monica. The property is an approximately 5,310-square foot building on approximately 7,500-square feet of land.

The property is located along the popular Santa Monica Boulevard, home to an abundance of automotive dealers, high-end retailers, businesses, and eateries that serves the surrounding neighborhoods.

1619 – 1619 1/2 Santa Monica Boulevard is a short distance from Santa Monica’s bustling tourism industry, including Santa Monica Beach, Santa Monica Pier and the Third Street Promenade. 1619 – 1619 1/2 Santa Monica Boulevard is a rare opportunity for buyers looking to purchase commercial real estate in one of the most coveted markets in the world.

You can download property brochure here.

Commercial Real Estate

New Listing – Land For Sale – Prime Development Opportunity in Santa Monica |


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1650 Euclid Street is approximately 22,500 square-feet of land. It is located on Euclid Street between Colorado Avenue and Olympic Boulevard in Santa Monica.

The offering is surrounded by a number of prominent entertainment companies. It is currently operating as a tow yard.

Highlights

  • Future Development Upside
  • On same block as Bad Robot (JJ Abrams), Indian Paintbrush, Final Cut, Cutter Studios, and Arsenal FX
  • Easily accessible by public transportation and the I-10 Freeway
  • Excellent area demographics

Download property brochure here.

Commercial Real Estate, CRE News

New Listing For Sale – Mixed Used Investment in Santa Monica – Prime Location


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Coldwell Banker Commercial WESTMAC, as exclusive agent, is pleased to present the sale of 728-734 Montana Avenue in Santa Monica, California. 728-734 Montana Avenue is a sizable two-story mixed-use investment opportunity situated at the signalized intersection of Lincoln Boulevard and Montana Avenue.

The building is approximately 8,255-square feet (8,412 SF per tax record) on approximately 13,500-square feet of land. Three retail units occupy the ground floor. Six loft-style apartments make up the second floor. The property includes a dedicated parking lot with 28 spaces (26, plus 2 handicap).

The property is located along the popular Montana Avenue Shopping District, home to an abundance of high-end retailers, businesses, and eateries that serves Santa Monica’s affluent community.

728-734 Montana Ave – Flyer

*For the Full Offering Memorandum & access to Due Diligence documents, you must sign a CA by visiting property information page, You can access page here.

Commercial Real Estate, T.C. Macker PR releases

COLDWELL BANKER COMMERCIAL WESTMAC ARRANGES SALE OF DOC’S SKI AND SPORTS IN SANTA MONICA


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Coldwell Banker Commercial WESTMAC has arranged the sale of ski industry icon, Doc’s Ski and Sports, at 3101-3105 Santa Monica Boulevard for $4,100,000.

Located along Santa Monica Boulevard on the northwest corner at Berkeley Street, Santa Monica’s Doc’s Ski and Sports was a leading ski retail business in Southern California since 1956. The entire building is approximately 5,494-square feet on an approximately 7,500-square foot lot.

“Doc’s has been a ski industry icon in Santa Monica for over 60 years.” T.C. Macker, CCIM said. “We’re sad to see it go, but we had a lot of interested parties and received a number of great offers that made the seller very happy.”

T.C. Macker, CCIM and Christian C. Holland of Coldwell Banker Commercial WESTMAC represented the Seller. Aleks Trifunovic and Matt Solomon of Lee & Associates West L.A. represented the Buyer.

Commercial Real Estate

New Listing in Santa Monica – For Sale – 1327 Fifth Street


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Boutique Retail in the Heart of Santa Monica

Kennedy Wilson and Coldwell Banker Commercial WESTMAC are proud to present the opportunity to acquire the fee simple interest in 1327 Fifth Street, a charming, free-standing retail building located in the heart of Downtown Santa Monica. Just blocks from Third Street Promenade, the Santa Monica Pier, and the Pacific Ocean, the property is fully occupied by a well-known luxury apparel and housewares retailer.

For more information and access to property brochure, please visit:  www.1327FifthSt.com

Commercial Real Estate, CRE News

Just Sold in Santa Monica – 1820 Broadway


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1820 Broadway | Sold for $$2,862,500
Santa Monica, CA

1820 Broadway in Santa Monica has sold for $2,862,500. The ±3,125-square foot property is made up of a ±2,500-square foot commercial building and a ±625-square foot detached residential dwelling in rear. The property was being offer for sale or lease and was purchased by an owner-user. T.C. Macker and J. Patrick Sheekey of Coldwell Banker Commercial represented the Seller. Jeff Pion of CBRE represented the Buyer.

Seller Results:

-30 Day Escrow

-All Cash Buyer

-Buyer is an Owner-User

-Multiple Offers Received

-Seller will do a 1031 exchange

Commercial Real Estate

For Sale in Santa Monica – Commercial Building & Residential Bungalow


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Coldwell Banker Commercial WESTMAC, as exclusive agents, are pleased to present for sale or lease, 1820 Broadway. 1820 Broadway consists of two freestanding buildings – a highly visible, approximately 2,500-square foot, modernly designed commercial building that can cater to a wide range of uses including retail, office, creative, and entertainment purposes, and a separate single-family residential cottage made up of approximately 625-square feet. The offering totals about 3,125-square feet on approximately 5,000-square feet of land. The entire property is currently vacant.

1820 Broadway is located one block south of Santa Monica Boulevard, at the southeast corner of Broadway and 18th Court. The property fits seamless among the Broadway corridor made up of aesthetically upgraded and well-maintained buildings that house various retailers, offices, restaurants and entertainment companies. Manicured homes and multifamily units make up the quiet residential neighborhood that surrounds the immediate vicinity. 1820 Broadway is located less than 1.5 miles from Downtown Santa Monica and popular tourist destinations that draws thousands of visitors on a daily basis.

You can get the property brochure here.

 

Commercial Real Estate

For Sale in Santa Monica – Mixed Use along Santa Monica Boulevard


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New Listing for sale in Santa Monica at 3101-3105 Santa Monica Boulevard. The property is a 2-story mixed-use building with dedicated rear parking lot. The property has been home to ski industry’s iconic retail store Doc’s Ski & Sport for more than 60 years and includes 2 upstairs apartment units.

For more information, you can download the property brochure here.

Commercial Real Estate, T.C. Macker PR releases

COLDWELL BANKER COMMERCIAL WESTMAC ARRANGES $12.35 MILLION SALE OF RETAIL CENTER IN SANTA MONICA, CA


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Coldwell Banker Commercial WESTMAC has arranged the off-market sale of 2822-2840 Santa Monica Boulevard in Santa Monica for $12,350,000.

A family trust has sold the ±13,752-square foot multi-tenant retail center located at the corner of Yale Street and Santa Monica Boulevard.

“The property sold for less than a 3% cap rate,” T.C. Macker, CCIM said.

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

Commercial Real Estate

Just Sold: 2705 Pico Blvd in Santa Monica


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2705 Pico Blvd | $2.65M
Santa Monica, CA

Coldwell Banker Commercial WESTMAC has arranged the sale of 2705 Pico Boulevard in Santa Monica for $2,650,000.

An investor in a 1031 exchange has purchased the 4,130-square foot two-structure retail building from a private Trust. The property is home to a single-occupant pre-school on a long-term lease.

“The property sold for a very aggressive cap rate at approximately 2.8%.” T.C. Macker, CCIM said.

The subject property resides along Pico Boulevard, which is home to a vibrant neighborhood full of pedestrian friendly sidewalks and plenty of walkable restaurants and retailers, including Trader Joes and Whole Foods.

T.C. Macker, CCIM of Coldwell Banker Commercial WESTMAC represented the Seller. Ernie Farhat of Sanjo Investments represented the Buyer.