240 Center Street, El Segundo, CA 90245

$7,495,000

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List Price
$7,495,000
Price Change
▼ $455,000 1784933793
Status
ACTIVE
MLS#
SB25163883
Year Built
1979
Lot Size
20,510
Acres
0.47
Lot Location
Corner Lot
Days on Market
386
Property Type
Commercial
Property Sub Type
Business

Property Description

This commercial property offers both land and building for sale in the heart of El Segundo, California, just about a mile from the ocean. Situated on a desirable double corner lot along one of El Segundo's primary east-west thoroughfares, the location benefits from strong visibility, steady traffic, and a business-friendly community atmosphere. The sale includes the real estate only, not the two operating businesses. The building is currently occupied by two stable tenants, both with leases in place. The upstairs is home to a long-standing, well-regarded veterinary practice that has been operating at this location for many years, wth approzimately 4350 square feet of space. Downstairs, a sports card and memorabilia business relocated here four to five years ago and provides additional income and draws consistent customer traffic. Together. These features make the property an opportunity for investors seeking income-producing commercial real estate in a vibrant coastal submarket.

Additional Information

Water
Public
Attached Structure
Detached
Gross Scheduled Income
$471,258

Listing courtesy of Listing Agent: Steve Legare (SLEGARE39@HOTMAIL.COM) from Listing Office: West Shores Realty, Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.