202 Main Street

202 Main Street 202 Main Street
Venice, CA 90291

  • $14,695,000

    Asking Price

  • 8,700

    Square Feet

  • 68%

    Occupancy

  • 2022

    Year Renovated

  • Retail

    Property Type

  • 2

    Stories

Offering Summary

Address

  • 202 Main Street
    Venice, CA 90291

Pricing

  • Asking Price$14,695,000
  • Price PSF$1,689

Details

  • Property TypeRetail
  • Listing StatusOn Market
  • Square Feet8,700
  • Occupancy68%
  • Year Built1921
  • Year Renovated2022
  • Stories2
  • ZoningM1
  • APN4286-003-001
  • TenancyMultiple

Address

  • 202 Main Street
    CA 90291

Pricing

  • Asking Price$14,695,000
  • Price PSF$1,689

Details

  • Property TypeRetail
  • Listing StatusOn Market
  • Square Feet8,700
  • Occupancy68%
  • Year Built1921
  • Year Renovated2022
  • Stories2
  • ZoningM1
  • APN4286-003-001
  • TenancyMultiple

Description

Newmark is pleased to present the opportunity to acquire the fee-simple interest in 202 Main Street, an 8,700 square foot mixed use building in Venice, California. 

Situated on Main Street, the property benefits from its coveted location on the border of Venice and Santa Monica. Retail and apartment buildings have thrived in this prime Los Angeles location due to its proximity to the beach, abundant retail locations, and the influx of large tech tenants into the area. The property also stands to benefit from its extensive remodel which included a new, modern façade, two luxury apartment units, a full kitchen and bar, and a large rooftop deck. 

Currently, the building is 68% occupied by three tenants, which include a ground floor restaurant/market and two residential tenants. The property’s only vacancy is a 2,800 square foot commercial unit on the ground floor, that features a large outdoor area and basement, ideal for an owner/user.

The property’s luxurious buildouts and coveted Venice/Santa Monica location make 202 Main Street the perfect live/work opportunity.

Deal Team

Sean Fulp

Sean Fulp

Vice Chairman

310-407-6596 sean.fulp@nmrk.com

CA RE Lic. #01389064

Ryan Plummer

Ryan Plummer

Managing Director

310-407-6570 ryan.plummer@nmrk.com

CA RE Lic. #01765854

Mark Schuessler

Mark Schuessler

Managing Director

310-201-2075 mark.schuessler@nmrk.com

CA RE Lic. #02033871

Blake Hammerstein

Blake Hammerstein

Financial Analyst

310-201-2079 blake.hammerstein@nmrk.com

CA RE Lic. #02122555