2700 Lincoln Blvd Terrain 0,25 ha À louer Santa Monica, CA 90405

2700-2720 Lincoln Boulevard is a rare opportunity to master lease a full city block auto repair facility on a long-term basis. This is an ideal situation for an electric-vehicle service facility and EV charging site within iconic Santa Monica and the Silicon Beach communities. It is also listed as a mixed-use development opportunity with many possible uses.  Situated on approximately 26,951 square feet of Santa Monica commercial (SMC4) zoned land, comprised of an entire city block, from Hill Street to Raymond Avenue. The site has excellent ingress and egress, with three  curb cuts (driveways on Lincoln Boulevard, Hill Street, and Raymond Avenue ). Tremendous visibility along Lincoln Boulevard, with approximately 260 feet of frontage. 

2700-2720 Lincoln Boulevard is an automotive service facility with improvements that total approximately 9,828 square feet. Most tenants are month-to-month and/or have development clauses in all leases. The property can be delivered for a user, depending on need and timing.  

Phase 1 & 2 inspection reports confirm no underground storage tanks or clarifiers.  

Irreplaceable automotive service facility, with single and tandem depth auto-bays, along the back (westernmost) side of the property.  The standalone corner building (2720 Lincoln Boulevard) has three drive-through bays suitable for oil and lube, transmission, showroom, and many similar uses. Existing structures have the potential of being remodeled for retail use as an adaptive reuse project. 

One of less than 70 potential development sites identified by the City of Santa Monica in 2019 as ideally suited for affordable housing production. 
Affordable development incentives include a 100% City density bonus if 100% affordable housing is developed, along with an approximately 33% State density bonus, if more than 15% affordable is included. Additional city and state incentives include a fast-tracked entitlement process, no height restrictions, reduced parking requirements, no on-site retail requirements, etc. Other opportunities could be a single-tenant building for a large retailer, a Transit Oriented Commercial mixed-use project, an EV charging site, senior housing, etc.
  
A pure EV charging use would require a 10-foot setback from residential due to a change of use and conformity to the new fire code. If an EV car company were to maintain the grandfathered auto repair use, adding EV charging would not require demolishing the existing improvements and mandating the set-back requirement. The standalone building (2720 Lincoln Boulevard) has three drive-through lanes, well suited as a test-drive queue for showcasing an EV brand's line of cars. 
 
The property is located immediately south of Ocean Park Boulevard, 1 mile south of the Santa Monica Pier and the Exposition Light Rail. Numerous bus routes pass directly in front of the property.