10939 Venice Blvd Local commercial 205 m² À vendre Los Angeles, CA 90034 1 636 622 € (8 000,21 €/m²) Taux de capitalisation 4,60 %

10939 Venice Boulevard is a prominent two-story commercial
asset located in the heart of the vibrant Culver City/Palms
submarket.
Comprising approximately 2,202 rentable square feet, the building
features a world-famous ground-floor bar with dedicated office
space above. The property is currently offered at a 4.6% CAP rate,
supported by a stable, long-term tenant on a below-market lease
that provides significant future upside.
This offering represents a rare opportunity to acquire a landmark
building in one of the fastest-growing areas of West Los Angeles.
As the home of Bigfoot West, the property benefits from a loyal
local following and consistent foot traffic. The building’s unique
“cabin” architecture provides exceptional street visibility, and the
structure has been meticulously maintained, ensuring it remains a
standout fixture in the neighborhood.
Strategically positioned near major transit hubs and the expanding
tech campuses of Culver City, the property is an ideal long-term
investment. Its location in a high-demand corridor with limited
inventory ensures steady appreciation as it continues to attract
both residents and tourists. Additionally, the bar operator may
be open to a sale of the business, offering a potential buyer the
flexibility of a turnkey hospitality acquisition alongside the real
estate. Type 48 Liquor License