1003 S Gaffey St, San Pedro, CA 90731

Property Description

PRIME LOCATION RETAIL STRIP MALL in the heart of San Pedro and situated on one of the busiest corridors in San Pedro - Gaffey Street just 1 block south of 9th Street. This is a rare investment opportunity that only comes along once in a lifetime - jump on this offering now because you won't find anything like it in nearby coastal cities. This 10,923 sqft Corner Lot Shopping Center includes six fully leased retail spaces, anchored by a popular national brand ice cream retailer, 15 parking spaces and street access from both Gaffey St and 10th Street. The property was built in 1985 so it's relatively new for the area. The traffic count is exceptionally high due to Gaffey Street being the main thoroughfare in/out of town for the connection to the 110 Harbor Freeway. San Pedro is generating a lot of buzz lately with multiple multi family construction projects and the West Harbor development phasing in completion dates starting this summer through the end of 2025. This is the time to invest in the hidden gem of San Pedro. With the unparalleled visibility, convenience and upside income potential in one of Southern California's coastal communities, this income property is an extremely attractive opportunity for any investor looking to capitalize on or diversify their holdings.