1221 S Pacific Ave | San Pedro, CA 90731
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1221 S Pacific Ave
San Pedro, CA 90731
Retail Property For Sale
Investment Highlights
- » 12,060-Square-Foot Retail Property on 0.42-Acres of Land
- » Property is Comprised of Two Buildings Allowing for Single or Multi-Tenant Use
- » Owner-User or Investor Lease Up Opportunity with Long-term Development Potential
- » Hard-Corner Location with 180' Frontage on Pacific Avenue and 100' on 12th Street
Executive Summary
Marcus & Millichap is pleased to present the opportunity to acquire the property located at 1209 to 1221 S Pacific Avenue in San Pedro, California, for sale as vacant and sold together or separate. The subject property consists of approximately 17,350 square feet of retail space and is situated on 0.43 acres of land. The two-building asset features a clear height of 14’-16’, three-phase power, one ground level door and 180’ feet of street frontage on the heavily trafficked S Pacific Avenue, located on a hard corner. The property can be acquired for owner-user use or an investor with lease-up potential at the close of escrow.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
9,400 SF
Building Class
C
Year Built
1918
Price
$2,271,567 CAD
Price Per SF
$242 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
1.04
Lot Size
0.21 AC
Zoning
LAC2
Frontage
90 ft on S Pacific Ave
PROPERTY TAXES
Parcel Number | 7454-020-017 | Improvements Assessment | $460,415 CAD |
Land Assessment | $889,081 CAD | Total Assessment | $1,349,496 CAD |
PROPERTY TAXES
Parcel Number
7454-020-017
Land Assessment
$889,081 CAD
Improvements Assessment
$460,415 CAD
Total Assessment
$1,349,496 CAD
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