10010 Paramount Blvd - Bank FOR SALE
Downey, CA 90240 |
10010 Paramount Blvd
Downey, CA 90240
HIGHLIGHTS
- Prime Location: Paramount & Florence in Downey, CA, 70K+ daily cars, high visibility, easy access, ideal for retail, restaurant, or medical use
- Former Bank & Drive-Thru: 5,950 SF ex-Bank of America with a rare double drive-thru, perfect for fast food, pharmacy, or high-traffic businesses
- Ample Parking & Land: 44 spaces on a full acre, ensuring convenience for customers, employees, and future development opportunities
- Development Potential: Ideal for repositioning or redevelopment, leveraging an efficient site plan in a built-out, high-demand area
- Owner-User Perks: SBA loans with 10-15% down, plus tax advantages from depreciation and cost segregation for financial benefits
- Strong Demographics: 682K+ population in 5 miles, $208K+ average income, supporting high-end retail, services, and strong market demand
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Former Bank w/ Double Drive-Thru - 1 Acre Lot
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
ADD'L SUBTYPES
Fast Food, Freestanding, Medical
TOTAL BUILDING SIZE
5950
STORIES
1
YEAR BUILT
1969
SPRINKLERS
-
PARKING SPACES
44
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
6361-021-046,6361-021-048
