18407 Sherman Way - Office FOR SALE


Reseda, CA 91335
$1,995,000 USD
818-261-8306
18407 Sherman Way, Reseda, CA for Sale
$1,995,000 USD
Office - FOR SALE
1/29
null | Request Cap Rate

18407 Sherman Way
Reseda, CA 91335


HIGHLIGHTS

  • Established Banquet & Event Center – Fully Equipped and Ready for Operation • Seating for 250 with dance floor / up to 300 without• Stage and profess

OVERVIEW

This versatile, fully equipped banquet and event facility offers an exceptional opportunity for hospitality, catering, community, or institutional use. The main hall features seating for approximately 250 guests with a dance floor or up to 300 guests without, complemented by a built-in stage and professional lighting system—ideal for weddings, receptions, performances, and large gatherings. A commercial-grade kitchen is designed to support high-volume operations and includes professional stoves and ovens, prep areas, and a walk-in refrigerator, making the property well-suited for catering services or full-service food preparation. The building also provides ADA-compliant restrooms to comfortably accommodate guests. The upper level offers additional functionality with a large office suite, a spacious common hall area, and a full kitchen and bathroom, creating flexible space for administration, classes, meetings, or staff quarters. The property includes a second APN dedicated to parking, providing nearly 5000 square feet of designated parking area running the length of the building and extending to the rear wall. Convenient ingress and egress are available via driveways from Canby Street and Darby Street, allowing smooth traffic flow for events and daily operations. This property presents a rare opportunity for an owner-user, nonprofit organization, religious institution, or event operator seeking a ready-to-use facility with substantial capacity and infrastructure already in place. There are two APN's sold together, 2119-022-003 is the building with lot size 4500 sq ft. and 2119-022-008 is the parking lot size 5383 sq ft both lots total is 9883 sq ft.

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$407 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

A

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

9,883 SF

ZONING

LAP1-1

APN/PARCEL ID

2119-022-003,2119-022-008

ASK ABOUT THIS PROPERTY

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818-261-8306

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Sona GallatinKeller Williams VIP PropertiesMore Info
818-261-8306

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