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24628435
24628436

139 S Market St, Inglewood, CA 90301

PK
01446947, CA 01446947 (+1)
Marcus & Millichap - Orange County
Listed by Marcus & Millichap - Orange County
Unpriced
333 days on market
Updated 81 days ago

Inglewood Marketplace

Details
APN 4021-009-031
Property Type Hospitality, Mixed Use (+2)
Sub Type Creative Office, Restaurant (+1)
Square Footage 68,300
Broker Co-Op Yes
Year Built 1941
Stories 2
Lot Size (SqFt) 35,282
Zoning Historic Core (HC)

Retail/Mixed-Use +/- 68,000 SF

Marketing description

The Parham Group at Marcus & Millichap is pleased to present for sale 139 S. Market Street, Inglewood. Currently operating as the “Inglewood Marketplace” swap meet, this property is a one-of-a-kind asset in the rapidly growing Inglewood market, which has become the epicenter for entertainment in Southern California. This property’s ideal location in the heart of Downtown Inglewood with frontage on La Brea Avenue as well as on historic Market Street, positions this property perfectly to take advantage of the City’s rapid growth.

139 S. Market Street is an approximately 68,300 SF building sitting on a 35,282 SF lot with 125 Ft of frontage on La Brea Avenue and 100 Ft of frontage on Market Street while also having significant visibility from Manchester Boulevard. This area of Downtown Inglewood has seen dramatic growth in recent years including the opening of the new Downtown Metro station, the 243 unit Astra apartment complex with Target on the ground floor and the 144 unit DeMilo apartment complex, all of which are within half a mile of 139 S. Market Street.

Investment highlights

  • Prime infill location walkable to the new Metro station and SoFi Stadium and The Forum

  • Potential for adaptive reuse to entertained focused uses to take advantage of Inglewood's transformation to entertainment capital of Los Angeles

  • Rare large parcel with dual frontage on La Brea Ave and Market St in the heart of Downtown Inglewood

  • Historic Core (HC) zoning in Downtown Inglewood TOD plan allows for wide range of uses including high-density residential and hospitality

Listing Contacts

PK
01446947, CA 01446947 (+1)
Marcus & Millichap - Orange County
Listed by Marcus & Millichap - Orange County

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