San Pedro Medical Office

2,880 SF | Office Building | San Pedro, CA 90731 | $1,580,000 ($549/SF)

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $1,580,000

Property Type
Office
Square Feet
2,880 SF
Price / Square Foot
$549

Listing Contacts

Stephen Lampe
Stephen Lampe
Verified Profile
  • Property Info

Property Overview

The subject property is a commercial medical office building situated on a double lot that totals 9,600 square feet. The parcels are zoned C2 which permit a wide variety of commercial and multi-residential uses.
The current property owner has a Chiropractic business that occupies 2,280 square feet of the 2,880 square feet total building area. There is a law firm that occupies Suite B which is 600 square feet on a lease that terminates June 30, 2026 with no renewal options. There is parking in excess of 5 to 1 which is required for medical office space.
The interior of Suite A (the medical office) was completely renovated in 2019-2020 and has ADA upgrades to both patient access and the two restrooms in suite A. The building had new HVAC units and upgraded electrical system, and ADA lift/elevation installed at the time of the renovations. The owner of the Chiropractic business is living out of state as of 2023 and will be vacating the space in Suite A at the close of escrow.
Don’t miss this rare opportunity to acquire a turn-key medical office building in the heart of the San Pedro business district, just minutes from the Port of Los Angeles and the LA Waterfront Development.

Property Details

Class
B
Year Built
1972
Stories
1
Property Subtype
Medical
Lot Size (sq. ft)
9,583 SF

Highlights

  • Rare medical/office offering
  • Well located on a primary thoroughfare in San Pedro
  • High end medical office build out with 8 exam rooms, an office, 2 ADA bathrooms (1 with shower) and lobby/reception area
  • Additional 4,800 SF lot provides for a total of 15 parking stalls (5 to 1 medical parking)
  • Ideal owner/user opportunity

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