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Rick Lee

rickjleehomes@gmail.com +1(714) 943-1598

$ 1,375,000

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Active

1118 W 37th ST San Pedro, CA 90731

2,450 SqFt

UPDATED:

09/30/2024 06:37 PM

Key Details

Property Type Commercial

Sub Type Special Purpose

Listing Status Active

Purchase Type For Sale

Square Footage 2,450 sqft

Price per Sqft $561

MLS Listing ID PV24171732

HOA Y/N No

Year Built 1947

Lot Size 6,503 Sqft

Property Description

A true hidden gem comes to light! The one and only "Corner Store" in San Pedro is for sale and ready for the next generation of ownership. Originally established in 1947, this business/property is a true historical institution in the South Bay. Beautifully arched wooden beam ceilings and "old town" ambiance makes anyone feel right at home. The building, business, and equipment are all included and ready for new ownership to take it to the next level. With the West Harbor waterfront development rapidly progressing in the Port of Los Angeles, the upside for business potential in San Pedro is on the rise! Fully equipped with an extensive refrigeration system, private back office, upgraded kitchen equipment, storage area, and restroom. Newly installed pavers and patio area offer huge potential for outdoor dining. Re-imagine the limitless opportunities for the rear of the property, which may serve as additional outdoor dining, parking, or possible housing to generate additional income. With this being one of the only coastal commercial properties in the exclusive Palisades area, a strong residential base will enhance the potential business that enjoys the beautiful ocean views of Paseo Del Mar (just one block away). Current price is for building and land only. Business and equipment offered seperately. Current financing for both the business and SBA loan for building are assumable and transferable to a new owner/operator. Buyer to verify.

Location

State CA

County Los Angeles

Area 180 - Palisades

Rooms

Ensuite Laundry None

Interior

Laundry Location None

Inclusions Kitchen equipment, tables/chairs, refrigerators

Fireplace No

Laundry None

Exterior

Community Features Marina, Park

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Waterfront Description Across the Road from Lake/Ocean

Roof Type Flat

Building

Lot Description 0-1 Unit/Acre, Near Park, Rectangular Lot, Street Level

Story 1

Water Public

Others

Tax ID 7469022090

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

Listed by Peter Hazdovac • HH Coastal Real Estate • 310-739-9743

Rick Lee

Team Leader | License ID: 02130981

+1(714) 943-1598

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Rick Lee

Rick Lee

1118 W 37th ST San Pedro, CA 90731

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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1118 W 37th ST