2700 On Lincoln 2700-2720 Lincoln Blvd 9,734 SF 100% Leased Retail Building Santa Monica, CA 90405 For Sale

CBRE, Inc. exclusively presents 2700–2720 Lincoln Boulevard, a prime coastal infill redevelopment opportunity located along Highway 1 in Santa Monica, California.
The property consists of four contiguous parcels totaling ±26,534 square feet (±0.61 acres) with approximately ±9,734 square feet of existing improvements across three one-story buildings originally constructed in 1969. The site is currently improved with an automotive service facility spanning much of the parcel, including three drive-through oil and lube wells, as well as an approximately ±2,000-square-foot standalone building currently vacant and suitable for auto or interim adaptive reuse.
The property also includes ±24 parking stalls and benefits from exceptional access and circulation with three separate curb cuts at Lincoln Boulevard, Hill Street, and Raymond Avenue. Situated within the General Commercial (GC) zoning designation, the property permits a range of uses, including mixed-use and residential development, with allowable building heights up to ±55 feet (five stories). Importantly, the zoning framework does not impose a maximum density limitation, creating meaningful flexibility for future redevelopment, subject to planning, affordability requirements, parking standards, and Coastal Commission approvals.
While the property may support continued operation in its current configuration or present an adaptive reuse opportunity, the site’s highest potential is likely as a multifamily residential or mixed-use redevelopment project incorporating residential uses with ground floor commercial activation. The combination of scale, zoning flexibility, existing frontage conditions, and limited setbacks provides multiple pathways for repositioning or redevelopment.
The site’s development potential is further enhanced by its full-block parcel configuration and strong physical characteristics, including extensive frontage, multiple access points, and visibility along Lincoln Boulevard. These attributes, coupled with the flexibility afforded under existing zoning, position the property as a compelling candidate for developers seeking infill residential or mixed-use opportunities in a high-barrier coastal market.