Asking Price: $1,999,999

Thompson Team Real Estate is proud to exclusively offer a rare and exciting redevelopment opportunity in the bustling City of Redondo Beach, CA for sale. This 11,496 square foot signalized corner lot is zoned for retail commercial, making it an ideal location for businesses looking to capitalize on high visibility and foot traffic. Currently occupied by a month-to-month tenant, the property boasts a single family home on the back end and a mechanic shop on the front, offering flexibility and potential for a variety of commercial uses. With the option to deliver the property vacant, the possibilities for redevelopment are endless. Boasting approximately 15% coverage, the demolition process is made easy, allowing for a blank slate to create a new and improved commercial space. The property also offers the potential for residential or mixed-use development opportunities, making it a wise investment for those looking to diversify their portfolio. Located in a prime location with a high-visibility corner, this property is a rare gem in an area with limited available commercial real estate. Don't miss out on this opportunity to own a piece of Redondo Beach and capitalize on the thriving local economy. Contact the City today for more information on this remarkable opportunity. ALL INFORMATION TO BE VERIFIED BY BUYER OR BUYERS AGENT.