3152 Martin Luther King Jr Blvd - Convenience Store FOR SALE


Lynwood, CA 90262
$1,500,000 USD
949-308-5775
3152 Martin Luther King Jr Blvd, Lynwood, CA for Sale
$1,500,000 USD
Convenience Store - FOR SALE
1/8
null | Request Cap Rate

NEW


3152 Martin Luther King Jr Blvd
Lynwood, CA 90262


HIGHLIGHTS

  • Ideal Commercial & Religious Owner/User Opportunity.
  • New Construction Built in 2020 w/ High Grade Features.
  • Ample Parking w/ Access on Two Streets.
  • High Visibility Near 105 Fwy, and Major Retailers.

OVERVIEW

Terrific opportunity to acquire a high grade freestanding commercial building w/ billboard in the City of Lynwood. This spacious and well-designed facility is situated on a generous 12,042sf lot on 3 total parcels with access from two streets and features a functional layout designed to support a wide range of religious, retail, or commercial for an owner/user. Originally built in 2020, the property is 2,480sf in size with a complete buildout to include a main lobby/hall, open kitchen/ meeting area, big office, two full size bathrooms, and storage rooms. Currently being utilized for general office/religious gatherings, the property is currently zoned C3 to allow for various commercial uses. Other notable features include a two new HVAC systems, heavy duty electrical service, front security gate, and a small billboard that’s currently leased. With over 110’ of frontage on Martin Luther King Blvd, the property offers excellent visibility, easy accessibility from two streets, and potentially striped for 20 parking spaces. Close proximity to Long Beach Blvd, major retailers & restaurants, off the 105 Fwy.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$605 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Storefront Retail/Office, Supermarket, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,924 SF

ZONING

LY-C3

APN/PARCEL ID

6170-029-025,6170-029-028,6170-029-030

ASK ABOUT THIS PROPERTY

Brian NohNOHCO Real EstateMore Info
949-308-5775

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Brian NohNOHCO Real EstateMore Info
949-308-5775

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