On the Market: 5 Small-Business Listings
This month's selections include a beach-side hotel with development opportunities and a modern office space in Los Angeles.
On the Market is a monthly department curating the most interesting recent for-sale CRE assets for less than $10 million. If you have a commercial real estate asset that you’d like to share with our readers, please email it to Associate Editor Mallory Bulman.
2250 Fourth Ave.
Location: San Diego
Price: $7.9 million
Building Size: 27,537 SF
Property Type: Office
HIghlights: Located in the Uptown/Park West market of San Diego; four-story building with subterranean parking; within a five-minute drive of Downtown San Diego, San Diego International Airport and the San Diego Harbor; below-market price of $228 per square foot; gross annual income of $530,037.
Greenpoint Village Restaurant Building
Location: Greenpoint, N.Y.
Price: $1.8 million
Building Size: 4,400 SF
Property Type: Retail/restaurant
HIghlights: Restaurant with 220 seats, including 50 additional seats on outdoor deck and 50 potential seat additions on ground floor; retail space on ground floor; opportunity to combine spaces into one entity; located in heart of Greenport Village business district across from the bay.
709 N. Gardner St.
Location: Los Angeles
Price: $2.5 million
Building Size: 2,832 SF
Property Type: Office
HIghlights: Built in 1939 but newly renovated; steps off Melrose on a quiet side street; secured gated parking for up to six cars; open floor plan suited for customization or use as-is; two levels with separate entry for each; lower-level amenities include break room/kitchen and executive bathroom with shower; upper-level amenities include an executive bar, wine refrigerator and skylights; short walk to restaurants, coffee shops, cafes and shopping.
Contact: Neil Gitnick, Hudson Cos., 818-522-0246
33 Main St.
Location: Nantucket, Mass.
Price: $7.5 million
Building Size: 4,799 SF
Property Type: Retail/apartment
HIghlights: Three-story retail property with residential apartment unit; located in heart of Nantucket, Mass.; ground-floor retail has 1,256 RSF with 14-foot ceiling; 1,256 RSF lower-level retail space; upper floors have additional office or retail space and a duplex apartment; apartment amenities include stainless-steel appliances, new countertops; located on corner of Main and Federal streets on the island’s main retail strip.
Contact: Justin Green, Hays Realty Services, 212-730-4300 ext. 300
97-20 Rockaway Beach Blvd.
Location: Queens, N.Y.
Price: $2.6 million
Building Size: 7,137 SF
Property Type: Hotel/mixed-use
HIghlights: Two-story hotel with 15 rooms; 11,547-foot lot size; potential retail/restaurant space opportunity; walking distance from beach; steps from A train at Beach 98th St. station; as much as 8,451 SF of additional development rights.
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