Contacts
Tenzer Commercial Brokerage Group
Tenzer Commercial Brokerage Group
Property Details
- Property Type Retail
- Property Size 12,500 SF
- Year Built 1941
- Year Renovated 2016
- Date Updated May 15, 2026
ASKING PRICE:
$15,000,000
SIZE:
Ground Floor - Approx. 7,500 SF
Second Floor - Approx. 5,000 SF
Approx. 12,500 Total SF
ELEVATOR:
YES
COMMENTS:
Based on the rent that can be attained, this is a 5 cap.
Perfect for an owner / user or as an investment.
FEATURES:
Type 47 Liquor License - Available for purchase
CUP Entertainment License
Ground Floor - Full Bar, Dining Area, Full-Service Kitchen, Stage, Sound System, 2 Handicap Bathrooms, Sprinkler System, TV’s, Large Projector Screen + Projector, and an Elevator.
Mezzanine - Full Bar, Dining Area, Sound System, Private Room / Event Space, Pool Tables, TV’s, and an Elevator.
Located in Downtown Santa Monica’s core business district, 1212 Third Street Promenade is one of the very few second generation restaurant spaces available in the area. The space is in excellent condition, and is plug & play for any restauranteur looking to open by the beach.
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 ®
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