MIXED USE RETAIL / OFFICE BUILDING.
Rare opportunity to purchase a multi-use retail and office building in Santa Monica, just 11 blocks to the beach on prestigious Montana Avenue. The building sits on the southwest corner of Montana Avenue and 11th Street and is walking distance to all of the trendy restaurants and boutique shops on Montana Ave. The property is located on a 7,500 SF corner lot and the gross leasable area (GLA) is 4,118 SF. All tenants will be on month-month leases effective December 31, 2015. In 2014, the property was partially damaged in a fire and has just been renovated. Improvements include the complete remodeling of Suite 1030. This suite has all new electrical, plumbing, roof, windows, HVAC, and a complete interior remodel. All work was permitted and approved through the City of Santa Monica. Buildings in this location are rarely listed for sale due to their high demand from both tenants and investors.
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