Property Detail

Description

Offered at $1,400,000, this rare retail/development opportunity sits on a high-visibility corridor in Venice at 2422 Lincoln Blvd. With C2 zoning, TOC Tier 4 eligibility, and an AB2097/ED1 development incentive, this 4,500 SF lot is ideally positioned for transformative growth and potential multi-story redevelopment. The property currently features a 462 SF building built in 1986, leased month-to-month at $3,000/month to a smog shop tenant. This allows for immediate income while planning future redevelopment. The site offers strong land value fundamentals supported by favorable zoning, a competitive price per square foot, and recent nearby sales. Strategically located on one of Venice’s busiest thoroughfares, this property benefits from steady traffic flow, excellent frontage, and proximity to Abbot Kinney, the beach, and a dynamic commercial mix of national and local retailers.