Commercial Building in Mixed-Use Boulevard District
$5,500,000
1402 Wilshire Boulevard, Santa Monica, CA 90403
8,557 sqft
Building Size
10,018 sqft
Lot Area
Details:
Description:
WESTMAC Commercial Brokerage Company is pleased to offer the opportunity to purchase 1402 Wilshire Boulevard in Santa Monica. The subject property is a +/- 8,557 square foot commercial building situated on +/- 10,018 square feet of Santa Monica C6* zoned land in the Mixed-Use Boulevard District.
The property is currently leased to Unleashed by Petco and a political office.* Both are on month-to-month leases, allowing for an owner/user to occupy, or an investor to lease up the spaces at market rent. The property offers a variety of potential uses, such as medical offices, retail, office, residential development, restaurants, and more.
The subject property is located on the busy signalized intersection of Wilshire Boulevard and 14th Street in the Mid-City neighborhood of Santa Monica. Mid-City, which is bordered on the north and south by Wilshire and Santa Monica Boulevards, and 5th Street and Centinela Avenue to the east and west, is known for its vibrant arts scene and growing variety of interesting restaurants. The neighborhood is also home to multiple medical centers and hotels.
1402 Wilshire has incredible potential for an investor or owner-user who is looking for a rare opportunity to own prime retail property in one of Los Angeles’s most desirable neighborhoods.
Documents:
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Offering Memorandum
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Location
Gallery
