7246-7250 Painter Ave - Office FOR SALE


Whittier, CA 90602- Whittier City
$2,650,000 USD
310-658-3375
7246-7250 Painter Ave, Whittier, CA for Sale
$2,650,000 USD
Office - FOR SALE
1/14
null | 8% Cap Rate

NEW


7246-7250 Painter Ave
Whittier, CA 90602
Whittier City


HIGHLIGHTS

  • Short Sale Opportunity - Subject to Lender Approval
  • Over $1M invested in Ground-Floor Restaurant Tenant Improvements
  • Completely Vacant 2-Story Building - Excellent Owner User Opportunity
  • Prime Uptown Whittier Location - Situated on a Signalized Corner
  • 90% SBA Financing Available - 51% or more SF Occupancy Requirement

OVERVIEW

Kidder Mathews has been Exclusively Retained as the Listing Agent for this Short Sale Mixed-Use building located on the Signalized corner of Painter Avenue and Penn Street. The property has over $1M restaurant Tenant Improvements on the ground-floor and the tenant has recently vacated the entire premises. The 2nd floor was being used as general office with three suites (1,964sf, 1,805sf, & 1,656sf). Lender(s) are owed $4.6M in Total Debt Please contact Listing Agent for details on Call For Offers and Tours.

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$238 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Lender Short Sale - 100% Vacant

PROPERTY TYPE

Office

ADD'L SUBTYPES

Bar, Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

43

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

CO, Whittier

APN/PARCEL ID

8138-008-001,8138-008-011,8138-008-026

ASK ABOUT THIS PROPERTY

Jay MartinezKidder MathewsMore Info
310-658-3375

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Jay MartinezKidder MathewsMore Info
310-658-3375

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