Redondo Beach, California

🌿 Prime Corner Retail Property | 3,218 SF Building on 9,758 SF Lot | High Visibility & Cannabis-Eligible Zone

📊 Investment Highlights

• Asking Price: $2,749,888

• Building Size: 3,218 SF

• Lot Size: 9,758 SF (≈0.22 Acres)

• Zoning: RBC-2-PD (Redondo Beach Commercial Planned Development)

• Potential Use: May qualify for licensed retail cannabis under Redondo Beach’s new zoning initiative

• Parking: Fenced, gated lot with 15+ spaces — rare for coastal commercial sites

• Visibility: Corner lot with heavy daytime traffic and strong signage potential

• Investment Type: Value-Add / Redevelopment

• Subtype: Restaurant / Retail / Convenience / Cannabis-Eligible Retail

• Tenancy: Vacant (to be delivered vacant at close of escrow)

• Price per SF (Building): $854.53

• Price per SF (Land): $307.44

• Stories: 1 | Buildings: 1 | Units: 2

• Year Built: 1948 | Class: D

• Lease Type: Gross | Occupancy: 50% (to be vacated)

🧾 Executive Summary

A prime commercial real estate opportunity in the heart of Redondo Beach, California, this corner-lot retail building combines exceptional location, visibility, and flexibility in one of Los Angeles County’s most dynamic coastal markets.

Set on a 9,758-square-foot parcel with a 3,218-square-foot freestanding building, the property features a gated parking lot accommodating 15+ vehicles, an extremely rare amenity in this highly trafficked beach community. Its strategic corner position provides heavy daytime exposure, making it ideal for retail, restaurant, or experiential concepts seeking maximum visibility.

Delivered vacant at close of escrow, the property offers a blank canvas for owner-users, investors, or developers to customize the space to their vision. With potential eligibility for Redondo Beach’s new licensed cannabis retail program, it also presents a unique opportunity to capitalize on the city’s evolving cannabis landscape.

The property’s RBC-2-PD zoning supports a wide range of commercial applications including restaurant, bar, boutique retail, convenience store, or multi-tenant retail redevelopment. Its combination of coastal proximity, strong traffic counts, and redevelopment upside make it a one-of-a-kind acquisition opportunity in the South Bay market.

🏢 Property Overview

• Type: Retail

• Subtype: Bar / Restaurant / Convenience / Cannabis-Eligible

• Investment Type: Value-Add / Redevelopment / Owner-User

• Building Size: 3,218 SF

• Lot Size: 9,758 SF

• Zoning: RBC-2-PD (Commercial Planned Development)

• Stories: 1

• Buildings: 1

• Units: 2

• Parking: 15+ gated, fenced spaces

• Visibility: Corner lot with strong frontage and signage opportunity

• Tenancy: Vacant (to be delivered vacant at close)

• Occupancy: 50% (vacating May 2023)

• Lease Type: Gross

• Year Built: 1948

• Building Class: D

• Price: $2,749,888

• Price per SF (Building): $854.53

• Price per SF (Land): $307.44

• Broker Co-Op: Yes

📍 Location Advantage

Located just minutes from the Pacific Ocean in Redondo Beach, this property sits along a high-visibility commercial corridor surrounded by thriving local businesses, restaurants, and retailers. Its proximity to major intersections and beach traffic ensures consistent daily exposure and walk-in potential, while the fenced parking lot offers a rare convenience for coastal customers.

As Redondo Beach continues to revitalize its downtown and waterfront areas, this site is perfectly positioned to benefit from increased consumer flow and redevelopment momentum. For investors, operators, or cannabis entrepreneurs, this property offers a strategic foothold in one of Southern California’s most desirable retail markets.