1118 W 37th Street , San Pedro, CA 90731
San Pedro, CA 90731
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.
Details
| Mls | PV24171732 |
|---|---|
| Listing Type | For Sale |
| Style | Special Purpose |
| Buildingname | The Corner Store |
| Subtype | Resale |
| Status | Active Under Contract |
| Year | 1947 |
| Days On Site | 110 |
| Listing Provided By | HH Coastal Real Estate 310-850-9951 | Peter Hazdovac |
Features
| Sq Feet | 2,450 |
|---|---|
| Storys | 1 |
| Buildings | 1 |
| Acreage | 0.15 |
| Water Front | Yes |
Market Activity 90731
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | San Pedro |
| Zip Code | 90731 |
| Area | 180 Palisades |
| Listing VS Median (in 90731) | |
Price: $1,375,000 low | high Med: $825,000 SqFt: 2,450 low | high Med: 1,594 $ / SqFt: $561 low | high Med: $518 On Site: 110 low | high Med: 129.500000 | |