2002 Pacific Coast HwyLomita, CA 90717

This exceptional commercial property, located at 2002 Pacific Coast Highway in Lomita, California, presents a unique investment opportunity. Boasting an impressive 924 square feet on a sizable 0.4-acre corner lot, this property offers 90 feet of highly visible frontage along the iconic Pacific Coast Highway (Route 1). Currently operating as a used car dealership, the property is zoned commercial and provides significant redevelopment potential. The seller has already developed concept drawings and plans for a potential drive-thru establishment, showcasing the property's adaptability to a variety of commercial uses. This prime location benefits from substantial daily traffic volume, making it ideal for businesses seeking high visibility and accessibility. The property will be delivered vacant upon close of escrow. The sale includes three parcels: 7553-007-054, 7553-007-016, and 7553-007-053. This is a rare chance to acquire a highly desirable commercial property on one of California's most renowned highways. The asking price is $2,999,000. Don't miss this opportunity to capitalize on this exceptional location and significant redevelopment potential.