1118 37th Street, San Pedro

$1,775,000

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0 Bed
0 Bath
.15 Acre
0 Garage

A true hidden gem comes to light! The one and only "Corner Store" in San Pedro is for sale and ready for the next generation of ownership. Originally established in 1947, this business/property is a true historical institution in the South Bay. Beautifully arched wooden beam ceilings and "old town" ambiance makes anyone feel right at home. The building, business, and equipment are all included and ready for new ownership to take it to the next level. With the West Harbor waterfront development rapidly progressing in the Port of Los Angeles, the upside for business potential in San Pedro is on the rise! Fully equipped with an extensive refrigeration system, private back office, upgraded kitchen equipment, storage area, and restroom. Newly installed pavers and patio area offer huge potential for outdoor dining. Re-imagine the limitless opportunities for the rear of the property, which may serve as additional outdoor dining, parking, or possible housing to generate additional income. With this being one of the only coastal commercial properties in the exclusive Palisades area, a strong residential base will enhance the potential business that enjoys the beautiful ocean views of Paseo Del Mar (just one block away).

Essential Information

MLS® #
PV24000954
Price
$1,775,000
Bathrooms
0.00
Acres
0.15
Year Built
1947
Type
Commercial Sale
Sub-Type
Special Purpose
Status
Active

Community Information

Address
1118 37th Street
Area
180 - Palisades
City
San Pedro
County
Los Angeles
Zip Code
90731
Community Features
Marina, Park
Senior Community
N

Waterfront

Across the Road from Lake/Ocean

Interior

# of Stories
1

Exterior

Exterior
Stucco
Roof
Flat
Construction
Stucco

Lot Description

0-1 Unit/Acre, Near Park, Rectangular Lot, Street Level

Additional Information

Date Listed
January 3rd, 2024
Days on Market
117
Zoning
LAC1

Listing Details

Agent
Peter Hazdovac
Office
HH Coastal Real Estate

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Based on information from California Regional Multiple Listing Service, Inc. as of April 29th, 2024 at 7:35am PDT. 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.