Type of Property: For Sale
Broker: Paley Commercial Real Estate Services
City: Reseda
Zipcode: 91335
Description:
BUILDINGS: Retail Building - 2,600 +/- square feet (65 x 40)
Shop Building - 800 +/- square feet (20 x 40)
LOT SIZE A.P.N. #: 17,799* +/- square feet /2125-013-009
PRICE & TERMS: $995,000.00 (Cash, cash to a new loan or terms acceptable to Seller)
ZONING/YEAR BUILT: LA-C2* - 1964*
PARKING: Excellent onsite in addition to ample street parking
CURRENT USE: Boat sales (parts) & repair business
TENANCY: Property to be free of tenants upon the close of escrow except for the billboard tenant. Billboard tenant pays $14,000.00 annually with increases. Lease ends on April 30, 2013.
COMMENTS: This sale offers an opportunity to purchase a well located commercial/retail/automotive* property with tremendous upside potential!!!