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363 W 6th Street

San Pedro, CA 90731
  • $1,995,000
  • STATUS: Pending
  • ON SITE: 757 Days
  • MLS #: SB22060952
Pending
$1,995,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1922
County:

School Ratings & Info

Listing Agent(s): Rock Ashfield of Palm Realty Boutique, Inc. (310-545-2490)


Description

Want commercial storefront property in the heart one of the best city redevelopment processes in recent time? San Pedro now has 3,000 housing starts in the design and/or construction phase, with a concentration in their downtown area. DTSP (downtown San Pedro) is enjoying a wonderful revival with new restaurants, fabulous foot traffic and the start of the West Harbor waterfront development. This commercial space at 363 W. 6th St. is located right in the middle of it with surrounding popular restaurants and local retail. This two-story property with ample basement space could be the perfect spot for a number of uses to contribute to this vibrant area. This property offers a total of 12,600 sf of space (est.), with 5,610 sf on the main storefront space (2 actual storefronts with 20 foot ceilings) and downstairs basement space and mezzanine office space. Tax roles show square footage of 5,275. The property was once home to a J.C. Penny retail store. Currently, a local clothier rents half of the main space (one storefront) while the owner also leases additional space for miscellaneous events. There are six parking spots in the back off a common alley. There are two 220V lines to the property. Property is in a Tax Opportunity Zone. Seller reserves right to enter into a 1031 exchange. Buyer to verify square footage. Virtual tour and floor plan shown below.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-25T00:33:35.047. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/127156062
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363 W 6th Street San Pedro, CA 90731

  • Price: $1,995,000
  • Status: Pending
  • On Site: 757 Days
  • MLS #: SB22060952
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1922
Built
Neighborhood:
189 - Barton Hill
County:
Los Angeles
Area:
189 - Barton Hill
Property Description
Want commercial storefront property in the heart one of the best city redevelopment processes in recent time? San Pedro now has 3,000 housing starts in the design and/or construction phase, with a concentration in their downtown area. DTSP (downtown San Pedro) is enjoying a wonderful revival with new restaurants, fabulous foot traffic and the start of the West Harbor waterfront development. This commercial space at 363 W. 6th St. is located right in the middle of it with surrounding popular restaurants and local retail. This two-story property with ample basement space could be the perfect spot for a number of uses to contribute to this vibrant area. This property offers a total of 12,600 sf of space (est.), with 5,610 sf on the main storefront space (2 actual storefronts with 20 foot ceilings) and downstairs basement space and mezzanine office space. Tax roles show square footage of 5,275. The property was once home to a J.C. Penny retail store. Currently, a local clothier rents half of the main space (one storefront) while the owner also leases additional space for miscellaneous events. There are six parking spots in the back off a common alley. There are two 220V lines to the property. Property is in a Tax Opportunity Zone. Seller reserves right to enter into a 1031 exchange. Buyer to verify square footage. Virtual tour and floor plan shown below.
Exterior Features

Construction Materials BlockConcreteSteel Fencing None Lot Features 0-1 Unit/AcreSprinkler SystemFlat Parking Total 6 Roof Asphalt Sign On Property YN Yes Topography Level

Interior Features

Cooling None Cooling YN No Heating None Heating YN No

Property Features

Additional Parcels YN No Building Name 'People's Palace' Business Type Build to SuitBar/Tavern/LoungeClothingCommercialDance StudioDrugstoreEducation/SchoolFitnessFurnitureGroceryHardwareHealth ServicesLiquor StoreMedicalMixedProfessional/OfficeOffice SupplyOtherPrintingProfessional ServicePizza Common Interest None Current Financing None Land Lease YN No Laundry Features None Lease Considered YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to New Loan1031 Exchange Property Sub Type Retail Security Features Fire Sprinkler SystemSmoke Detector(s) Special Listing Conditions Standard Tax Annual Amount 10000 Utilities Cable AvailableNatural Gas Available Water Source Public Zoning LAC2



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-25T00:33:35.047. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Rock Ashfield of Palm Realty Boutique, Inc. (310-545-2490)