2706-2708 Artesia Blvd 3,500 sq ft 80% Let Retail Property Redondo Beach, CA 90278 £2,092,440 (£597.84/sq ft)

Available as an investment or an owner/user opportunity, discover a newly remodeled two-story commercial building spanning 3,500 square feet at 2706-2708 Artesia Boulevard in Redondo Beach, California. Current occupancy at the storefront retail/office complex indicates that the first floor has a vacant 1,550-square-foot space, while the second floor is 80% occupied. The 0.15-acre site is zoned RBC-2, accommodating a range of uses, including banks, flower shops, food and beverage sales, liquor stores, offices, convenience stores, boutique shopping, salons, and more. City approval is required for any new tenant to move into the building. There is ample on-site parking available, with 12 spots, and street parking is also nearby.

Situated at the bustling intersection of Artesia Boulevard and Inglewood Avenue, this property benefits from a daily traffic flow of 70,719 vehicles. Just a block away lies the South Bay Galleria, anchored by major retailers such as Macy's, AMC, and Kohl's, along with a variety of other prominent shops, entertainment venues, and dining options. Within a 3-mile radius, the median household income stands at $103,863, contributing to over $3.9 billion in consumer spending. The primary spending categories in this area include Food & Alcohol, Transportation & Maintenance, and Household. 2706-2708 Artesia Boulevard presents a unique opportunity for investors or businesses to thrive in a vibrant, high-traffic area with outstanding amenities and growth potential.