Mixed Use Restaurants & Condos 202 Main St

8,148 SF 35% Leased Retail Building Venice, CA 90291 $15,612,506 CAD ($1,916.12 CAD/SF)

INVESTMENT HIGHLIGHTS

  • Mixed-use building comprised of ground floor retail units and two apartments on the second floor.
  • The ground floor retail spaces are poised for restaurant users with permission already obtained from the City as well as the CUP for liquor approved.
  • Conveniently located less than 30 minutes from LAX. Venice’s iconic Abbot Kinney Boulevard is less than two minute drive away.
  • The leased residential units include a 2 bedroom & 2 bath unit with a large patio space & a 3 bedroom and 3 bathroom front unit with a rooftop patio.
  • Located on Main Street just north of Rose Avenue in the heart of Venice.

EXECUTIVE SUMMARY

WESTMAC Commercial Brokerage Company is offering the opportunity to acquire 202 Main
Street. The property is located on Main Street just north of Rose Avenue in Venice Beach. The subject property is a mixed-use building comprised of ground floor retail units and two apartments on the second floor. The residential units, which are fully leased, include a two bedroom and two bath unit with a large patio space and a three bedroom and two bathroom unit with a rooftop patio. The ground floor retail spaces are poised for restaurant users with permission already obtained from the City as well as the CUP for liquor approved. The hoods, vents, and grease interceptors have all been installed and passed inspections. There is an outside patio space for outside dining as well. Located just north of Rose Avenue in the heart of Venice, this vibrant mixed-use property offers a rare opportunity to own in one of LA’s most sought-after neighborhoods. Main Street is a bustling hub of local culture, office users, retail, and dining.
The property is conveniently located less than 30 minutes from LAX. Venice’s iconic Abbot Kinney Boulevard is less than two minute drive away . This is an excellent opportunity to own a premier property in the perfect Venice location.

ATTACHMENTS

Sale Brochure

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,148 SF
Building Class
B
Year Built/Renovated
1921/2019
Price
$15,612,506 CAD
Price Per SF
$1,916.12 CAD
Percent Leased
35%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.70
Lot Size
0.11 AC
Zoning
LAC2
Frontage
51’ on Main Street

AMENITIES

  • 24 Hour Access
  • Corner Lot
  • Courtyard
  • Restaurant
  • Signage
  • Skylights
  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Roof Terrace
  • Air Conditioning
  • Balcony

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • Restaurant 1
  • 1,500 SF
  • Restaurant
  • -
  • Now

Ready for tenant improvements with hood, walk-in, plumbing, restrooms, and counter installed.

  • Restaurant 2
  • 3,800 SF
  • Restaurant
  • -
  • Now

A unique space for the discerning restaurateur with retail frontage, a front and back patio, basement level area for food prep, restrooms or wine storage.

Space Size Space Use Position Available
Restaurant 1 1,500 SF Restaurant - Now
Restaurant 2 3,800 SF Restaurant - Now

Restaurant 1

Size
1,500 SF
Space Use
Restaurant
Position
-
Available
Now

Restaurant 2

Size
3,800 SF
Space Use
Restaurant
Position
-
Available
Now
Walk Score®
Walker's Paradise (93)
Bike Score®
Biker's Paradise (100)

NEARBY MAJOR RETAILERS

Umami Burger
StretchLab
LA Fitness
Bareburger
Chase Bank
Whole Foods
Gelson's Market
Peet's Coffee
Gold's Gym
CrossFit

PROPERTY TAXES

  • Listing ID: 35180808

  • Date on Market: 2025-03-18

  • Last Updated:

  • Address: 202 Main St, Venice, CA 90291