Contacts

Barbara Tenzer

Tenzer Commercial Brokerage Group

Property Details

Property Type Retail
Property Size 12,500 SF
Lot Size 7,500 SF
Cap Rate % 5
Additional Rent Contact for pricing
# of Floors 2
Year Built 1941
Year Renovated 2016
Date Updated Jun 20, 2024

Prime location on the famous Third Street Promenade that is 3 blocks from the beach • One of the very few 2nd Generation Full-Service Restaurants in Santa Monica • List of FF&E is available upon request • Type 47 Alcohol License is included in the purchase price of the property • CUP which includes an entertainment license will stay with the property • Retrofitted and remodeled in 2016 • Excellent condition - the restaurant / bar was remodeled in 2016 • Beautiful high bow truss ceiling • The overall aesthetic effect of the lighting creates a great atmosphere • Upgraded sound system • Stage for entertainment & events • Projector + Large Screen on the ground floor • 7 Televisions • Island bar on the ground floor, adjacent to outdoor patio designated for dining • Private room on the mezzanine with its own bar, pool tables, darts, gaming and lounge area • Additional mezzanine dining area • Outdoor dining available with a separate license agreement from the City of Santa Monica

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Getting around

81/100
Walk Score ®
75/100
Transit Score ®
84/100
Bike Score ®

Powered by Walk Score ®

Location

City Santa Monica, CA
Neighborhood Downtown Santa Monica
Zip Code 90401
Market Los Angeles

Points of Interest

Upper Tram Station

4.40 miles
Westwood/Rancho Park

4.48 miles
Lower Tram Station

5.00 miles
Palms

5.50 miles
West CTA

7.34 miles
Center CTA

7.46 miles
Zone 23

7.53 miles
Zone 22

7.54 miles
Zone 21

7.54 miles
LAX-it

7.56 miles

Chevron

0.16 miles
Tesla Supercharger

0.39 miles
Mobil

0.44 miles
eVgo

0.57 miles
World Oil

0.90 miles
Arco

0.91 miles
Speedway Express

1.51 miles
Sinclair

1.70 miles
Tesla Destination Charger

1.79 miles
FLO

3.06 miles

Parking Structure 1

0.09 miles
Parking Structure 4

0.16 miles
Parking Structure 6

0.30 miles
Parking Structure 5

0.34 miles
Parking Structure 7

0.40 miles
Parking Structure 8

0.48 miles
Santa Monica Police Pier Office Parking Lot

0.60 miles
Lot 1 South

0.61 miles
SMC Performing Arts Center Parking

0.62 miles
Civic Center Parking

0.71 miles

Chipotle

0.02 miles
California Pizza Kitchen

0.03 miles
Hillstone Restaurant

0.04 miles
Cabo Cantina

0.07 miles
Lotus Dim Sum

0.09 miles
Casa Martin

0.10 miles
Burger Lounge

0.10 miles
T's Thai Restaurant

0.11 miles
FIG

0.11 miles
Tender Greens

0.11 miles

TJ Maxx

0.15 miles
Nordstrom

0.39 miles
Target

0.41 miles
Santa Monica Place

0.43 miles
Trader Joe's

0.45 miles
Bloomingdale's

0.49 miles
Vons

0.53 miles
Pavilions

0.69 miles
Tehran Market

0.90 miles
Co-opportunity Market

1.05 miles

In-Depth Research Available for this Property

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Map of Property

1212 Third Street Promenade