LEASE TERM: Inquire
LEASE RATE: Inquire
LEASE TYPE: Triple Net (NNN)
PROPERTY TYPE: Retail
PROPERTY SUBTYPE: Storefront
LEASEABLE AREA: 8,000SF
ZONING: RVC
FRONTAGE: 106' on Ocean Front Walk & Appian ELEVATORS: 1
YEAR BUILT: 1924
YEAR RENOVATED: 2022
WALK SCORE: 92 (Walker's Paradise)
BIKE SCORE: 77 (Very Bikeable)
TRANSIT SCORE: 76 (Excellent Transit)
Recently renovated, 1605 Ocean Front Walk features a colorful façade, pointed arches, 12-foot exposed ceilings, and stunning skylights that illuminate the space with abundant natural lighting.
With glass garage doors, a 1,000-square-foot private patio, and a central staircase that leads to an expansive mezzanine space, possibilities abound for a variety of retail uses that align with a community that values health and wellness like no other.
Due to its global visibility, coastal location, strong demographics, and orientation towards tourism, retail properties in Santa Monica have historically been among the most lucrative in the Greater Los Angeles area.
Since 2021, international visitors have increased by a net positive 240%. And looking forward, forecasts call for even better conditions with pre-pandemic levels expected as soon as 2025.
Today, the opportunity to place a product in front of a wave of international visitors with pent-up demand is surely right here, and right now.
LOCATION
VISIBILITY
TOURISM TO GET A BOOST
PIER & PIER-ADJACENT TENANT MIX
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PUBLIC SAFETY
ACCESSIBILITY
“Tourism definitely has bounced back”
Caroline Beteta, the president and CEO of Visit California.
“I think we’re doing pretty well; we are certainly leading the Los Angeles recovery. Our hotel occupancy has certainly picked back up over where we were pre-pandemic.”
Misti Kerns, chief executive of Santa Monica Tourism and Travel.
“We are so excited for new business and international attention the upcoming Olympics Games will bring to Santa Monica, not only in hotel rooms and restaurants, but also retailers and experience venues as well. The long-term beneficial economic impact from the Olympics will be felt in Santa Monica for years to come.”
Judy Kruger, President of the Santa Monica Chamber of Commerce.
“We’re looking forward to both the 2026 FIFA World Cup and the 2028 Olympics... especially during the summer when we are already getting tens-of-thousands-of visitors each day,”
Nathan Smithson, Director of Marketing, Pacific Park
Constructed in 1909, the storied Santa Monica Pier was the first concrete pier on the West Coast.
Located along the east side of Ocean Front Walk near the Santa Monica Municipal Pier and the Looff Hippodrome, the beachfront commercial shops located at 1605 Ocean Front Walk built in 1924
At the time, the two‐story commercial building with three shop units at ground level and guest apartments/hotel above on the second floor were built in support of the Looff Pier, Santa Monica Municipal Pier, and the beach‐going environment of the boardwalk. The second floor was donned the Overlook Hotel & Apartments.
During the 1930s and 1940s, The Overlook Hotel & Apartments was still going strong despite the ravages of the Great Depression. Another candy shop was located in the shop units just under the hotel.
By 1936, The Overlook Hotel & Apartments continued to operate as a lodging house though the shop units below at ground level were also both vacant of tenants.
In 1940, a new overpass was completed that connected Palisades Park bluffs at Colorado Avenue with the Santa Monica Municipal Pier. This new elevated overpass was built immediately north of the grouping of commercial improvements under review. At this time most of the shops within the four buildings remained much the same as they had in the early years operating as candy stores, restaurants, notions shop, and cafes.
Post World War II saw continued use of the amusement pier and nearby shops and stores along the promenade. The Overlook Hotel & Apartments continued as did business in the units below.
By the 1950s, The Overlook Hotel & Apartments remained at its location while a billiard parlor called the Overlook Pool & Snooker Hall operated on the ground floor.
Ten years later the collection of buildings contained a fast food café with walk‐up counters (1601 Ocean Front Walk), a rock shop and gift shop (1603‐16031⁄2 Ocean Front Walk), the Overlook Hotel & Apartments, a sportswear shop (1611 Ocean Front Walk), and a café (1615 Ocean Front Walk).
Today, the buildings continue to operate commercially as they have over the past nine decades. They maintain their continued synergistic relationship with the amusement pier, the Ocean Front Walk boardwalk, and the beach front catering to visitors and locals alike.
1605 Ocean Front Walk, Santa Monica, CA
Copyright © 2024 1605 Ocean Front Walk -
Vivian Chaing | 310-463-5181 | Vivian@PropertyConcierge.LA | DRE Broker No. 1983759
Mark Ehlers| 310-667-1469 | Mark@MarkEhlers.com | DRE Broker No. 1955008
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