200x100 ft corner lot with 200 ft frontage on Pacific Coast Highway. This is the prime commercial development opportunity located in the heart of Hermosa Beach. Existing 7,520 sq ft retail building on a 20,000+ sq.ft. commercial land parcel. Can also occupy as owner/user or purchase as leased investment. Existing income stream to help support entitlement expenses. Within walking distance of Hermosa Beach Pier and Oceanfront, The property is very close to the downtown district, the beach, the 405 Freeway and LAX; Ideal year-round climate; Excellent demographics.