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$ 1,375,000
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Active Under Contract
1118 W 37th ST San Pedro, CA 90731
6,503 Sqft Lot
UPDATED:
12/05/2024 03:47 AM
Key Details
Property Type Commercial
Sub Type Special Purpose
Listing Status Active Under Contract
Purchase Type For Sale
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
Interior
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