2926 MAIN STREET
SANTA MONICA, CA 90405
PRICE
$2,200,000
BUILDING SIZE
1,700 SF
LOT SIZE
1,957 SF
PROFORMA
CAP RATE
5.56%
PRICE/SF (BLDG)
PRICE/SF
(LAND)
$1,294
$1,124
The Brandon Michaels Group of Marcus & Millichap, as Exclusive Advisor, is pleased to present 2926 Main Street, a 1,700 square foot single tenant storefront bar situated on 0.04 acres of land (1,957 SF), ideally located one parcel southeast of the corner of Main Street and Kinney Street one block from the beach in Santa Monica, CA.
2926 Main Street, formerly the site of the Circle Bar, is being delivered 100% vacant, creating an immediate value-add or owner-user opportunity for a new bar along the high barrier to entry Main Street in Santa Monica.
The subject property is located just southeast of the SE corner of Main Street and Kinney Street, centrally positioned in the Main Street Business Improvement District, in Santa Monica, CA.
Main Street is densely populated with a myriad of retailers both trendy and established as well as some of the region’s most desirable bars and restaurants.