The subject property is a retail center located in Redondo Beach on the SWC of the signalized intersection of Torrance Boulevard & Prospect Avenue. The property has very high visibility and great curb appeal as it has an English Tudor architectural design with a clock tower on the second story. All tenants are month to month with below market rents and most are long term tenants with established businesses at this retail center. The gross building area is 3,379 square feet and there is parking onsite for 12 vehicles. The lot size is 9,147 square feet and the zoning is C-2 which allows a broad range of commercial uses. This is an ideal investment offering or owner user opportunity. High traffic count of 36,000 VPD (Vehicles Per Day) – 24,000 VPD on Torrance Bl, and 12,000 VPD on Prospect Ave.
Listing courtesy of Listing Agent: Stephen Lampe from Listing Office: Re/Max Commercial & Investment
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