$1,259,000

Stop paying rent! Did you know the most successful exit strategy a business can have is a real estate play? Unique 5,712 square foot commercial use property with a permitted single-family dwelling, renovated in 2008, located in a certified SBA HUBZone Opportunity Zone in downtown San Pedro. This building is a one-of-a-kind, with its memorable, aesthetically pleasing, inspirational, upgraded high-domed roof, giving you soaring ceiling heights(16 feet high) on the 2nd floor. Along with the main level, accessible by 2 roll-up doors (9 feet and 7’ 9” high respectively) for large pieces of equipment and forklift access, with 14 foot high ceiling with a cool industrial look of concrete, heavy lumber and steel truss construction. The major permitted upgrades were performed in 2008. Zoned LAC2 Commercial, permitted for Retail with Limited Manufacturing, Retail Contr. Businesses, Churches, Schools, Auto Sales, R4 uses including Multiple Dwelling, Child Care, Homeless Shelter. The rear of the first floor building houses a permitted 1,780 square foot ‘Artist in Residence Space’, which is a well-appointed apartment with vaulted ceilings, room to create, roll-up door access and includes stainless steel appliances in the kitchen and claw-foot tub in the full bathroom, plus ¼ bath. Washer and gas dryer included. Small green area to relax in outside of the living quarters. Central heating and Air Conditioning. Five, gated tandem parking spots. New construction and ground breaking nearby is quickly adding value to the neighborhood. This property is close to the huge, multi-million dollar waterfront Ports O’ Call Redevelopment Project. Close to the 110 freeway, Ports of L.A. and Long Beach, and downtown Los Angeles. New construction and ground breaking nearby is quickly adding value to the neighborhood. This property is close to the huge, multi-million dollar waterfront Ports O’ Call Redevelopment Project. Close to the 110 freeway, Ports of L.A. and Long Beach, and downtown Los Angeles.