Description

Jeremy Shore and Oron Maher arranged the sale of an off-market restaurant building on Venice Blvd. in downtown Mar Vista.

MCR recognized an opportunity to add value as the existing restaurant lease could be terminated early, making the property a candidate for redevelopment with in-place income.

This is MCR’s second food use transaction on Venice Blvd this year, as the firm arranged the sale of 12815-12825 Venice Blvd in Q3 2022.

Property Features:

  • Sale Price: $2,350,000
  • Building Size: 3,199 Sq.Ft.
  • Land Size: 0.19 Acres
  • Zoning: LAC2
  • Year Built: 1923
  • Parking: 12 Spaces

Property ID

12034 Venice Blvd., Venice, CA

Property Type

Retail

Built in

1923

Status

Sold

Price

$2,350,000.00

Additional Features

N

maher commercial realty

N

sold in venice ca

N

venice ca real estate

N

venice ca retail building

N

venice commercial real estate


Agents

Oron Maher

Oron Maher

Director Broker

  • (310) 464-1453
  • Oron@MaherCR.com
  • MaherCR.com
Jeremy Shore

Jeremy Shore

Senior Investment Associate

  • 310-464-1456
  • Jeremy@MaherCR.com
  • MaherCR.com

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