Hermosa Beach - Beach Property For Sale #1585060

Large freestanding building in a very high profile location with great visibility. 204 ft X 100 ft corner lot with 204 ft frontage on Pacific Coast Highway. This is the prime commercial development opportunity located in the heart of Hermosa Beach. Existing 7,500 sq.ft. retail building on a 20,400 sq.ft. commercial land parcel. Can occupy as an owner/user or purchase as a leased investment. Existing income stream will help support entitlement expenses while working on a future development. The property is very close to the downtown commercial district, the Pier and the Oceanfront the 405 Freeway and LAX; Ideal year-round climate; Excellent demographics. Freestanding Retail Building has Over 120' of Window Frontage and 204' of Street Frontage. 16 On Site Parking Plus Street Parking. 53,000 Motorists Per Day on Pacific Coast Highway. C-3 General Commercial Zoning will allow - retail, office, restaurants, service & hospitality among many others. Future development feasibility study available for review.