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Retail Property Listed at 1804 Lincoln Boulevard in Santa Monica

Retail Property Listed at 1804 Lincoln Boulevard in Santa Monica
FOR SALE

$3,900,000

1804 Lincoln Boulevard, Santa Monica, CA 90404

5,012 SF

Square Feet

$778

PPSF

Property Description

WESTMAC Commercial Brokerage Company is presenting the opportunity to acquire 1804 Lincoln Boulevard. The vacant property is ±5,012 square feet of building on ±6,982

square feet of land. The single-story building is in shell condition—perfect for an owner-user to design it to their liking. There is a gated parking lot in the rear of the building with space for approximately eight vehicles. There is also ample metered street parking.


The building is located on the signalized corner of Lincoln Boulevard and Michigan Avenue, one block north of Pico. Situated just one block from the 10 freeway, the property has excellent accessibility. Additionally, the E Line Station in Downtown Santa Monica is about a half mile from the property. The area has a Walk Score of 94 (Walker’s Paradise) and a Bike Score of 92 (Biker’s Paradise).


1804 Lincoln Boulevard is less than a five-minute drive from both the beach and Santa Monica College. This corner property location is in the heart of Santa Monica, with Downtown just north and Ocean Park just south. Another wildly popular destination for

both tourists and locals, Venice, is just about 10 minutes south of the property. The Los Angeles International Airport is less than 30 minutes away.


Property Details

Asset Type

Retail

Year Built

1945

Zoning

SMC4*

Lot Size

6,982 SF

Neighborhood

Downtown Santa Monica

Submarket

Santa Monica

ZIP

90404

Listing Type

sale

Net Operating Income (NOI)

$0

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)

-$221,856

Cash-on-Cash Return

-22.75%

Monthly Debt Service

$18,488

Annual Debt Service

$221,856

View on Map

Address

1804 Lincoln Boulevard

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Santa Monica Retail Market Snapshot

Boundary boundary · Retail · Sale

No investors found in this market.

Contact the Listing Team

T.C. Macker

T.C. Macker

President

67 closed

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T.C. Macker

T.C. Macker

President

67 closed

Call