13311 Sherman Way - Warehouse FOR SALE


North Hollywood, CA 91605
$7,950,000 USD
818-535-9833
13311 Sherman Way, North Hollywood, CA for Sale
$7,950,000 USD
Warehouse - FOR SALE
1/28
null | Request Cap Rate

13311 Sherman Way
North Hollywood, CA 91605


HIGHLIGHTS

  • Approximately 9,000 Currently Improved and Permitted Restaurant/Banquet Hall
  • Additional 2nd Floor Outdoor Patio Area for Guests
  • Approximately 12,784 square feet of Ground Floor Garage/Warehouse
  • CM Zoning (Commercial Manufacturing – Allows Commercial/Industrial Uses
  • Prime Busy Corner Lot at Sherman Way and Fulton Ave - 52,247 MPSI Daily Estimated Vehicle Count
  • Ball Room Equipped with an Elevator, Commercial Kitchen, Bathrooms, Sprinklers, Reception Area

OVERVIEW

Stevenson Real Estate Services is pleased to present 13311 Sherman Way in North Hollywood. This approximately 21,784 square foot Industrial/Commercial building sits on an 18,883 square foot parcel of CM zoned land. (Buyer to verify building square footage and current Certificate of Occupancy - for restaurant, storage, and parking garage) The property consists of approximately 9,000 square feet of improved and permitted Restaurant/Banquet Hall upstairs and approximately 12,784 square feet of Ground Floor Garage/Warehouse space. The building is fully sprinklered and provides additional outdoor patio space, a secure fenced parking lot, and the potential to expand the ground floor usage to office and media related uses. Floorplans available upon request. Located on the prime corner lot at Sherman Way and Fulton Ave, Blocks from the Sherman Way on/off ramps for the 170 and 405 Freeway. Call Patrick Long for more information and to set up a tour!

FOR SALE DETAILS

PRICE

$7,950,000 USD

PRICE/SF

$365 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Bar, Food Processing, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1954

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.45

LAND SF

19,602

ZONING

CM

APN/PARCEL ID

2328-028-037

ASK ABOUT THIS PROPERTY

Patrick LongStevenson Real Estate ServicesMore Info
818-535-9833

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Patrick LongStevenson Real Estate ServicesMore Info
818-535-9833

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.