Contacts

Barbara Tenzer

Tenzer Commercial Brokerage Group

(310) 395-8383

Property Details

Property Type Retail
Property Size 12,500 SF
Lot Size 7,500 SF
Cap Rate % 5
# of Floors 2
Year Built 1941
Year Renovated 2016
Date Updated Apr 17, 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

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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

Downtown Santa Monica

0.53 miles
17th Street/Santa Monica College

1.14 miles
26th Street/Bergamot

1.87 miles
Expo/Bundy

2.81 miles
Marina Beach

3.56 miles
Expo/Sepulveda

3.93 miles
Dolphin Marina

3.93 miles
Esprit 1

4.04 miles
Burton Chace Park

4.20 miles
Del Rey Landing

4.29 miles

Tesla Supercharger

0.39 miles
Mobil

0.44 miles
eVgo

0.57 miles
Chevron

0.83 miles
Chevron

0.87 miles
Arco

0.91 miles
Chevron

1.27 miles
Chevron

1.34 miles
Arco

1.51 miles
76

1.71 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

Wally's Santa Monica

0.03 miles
Hillstone Restaurant

0.04 miles
Silverlake Ramen

0.05 miles
Cabo Cantina

0.07 miles
Lotus Dim Sum

0.09 miles
Burger Lounge

0.10 miles
T's Thai Restaurant

0.11 miles
FIG

0.11 miles
Tender Greens

0.11 miles
Lemonade

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
Vons

0.81 miles
Tehran Market

0.90 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Map of Property

1212 Third Street Promenade