Map of Property

1212 Third Street Promenade Listing Details & Market Data

1212 Third Street Promenade, Santa Monica, CA 90401

  • For Sale $15,000,000
  • 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

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

Contacts

broker

Barbara Tenzer

Tenzer Commercial Brokerage Group

(310) 395-8383

Location

Getting Around

  • Walk Score ®

    Very Walkable (81)

  • Transit Score ®

    Excellent Transit (75)

  • Bike Score ®

    Very Bikeable (84)
Powered by Walk Score ®
  • 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

Contact Listing Broker

broker

Barbara Tenzer

Tenzer Commercial Brokerage Group

(310) 395-8383