8200 S Broadway - Storefront Retail/Office FOR SALE


Los Angeles, CA 90003- Canndu/Avalon Gardens
$850,000 USD
213-225-7223
8200 S Broadway, Los Angeles, CA for Sale
$850,000 USD
Storefront Retail/Office - FOR SALE
1/10
null | Request Cap Rate

NEW


8200 S Broadway
Los Angeles, CA 90003
Canndu/Avalon Gardens


OVERVIEW

8200 S Broadway is a standalone parcel totaling 6,083 square feet on the southeastern corner lot directly across the street. The existing commercial space consists of a 700 square foot (buyer to verify) standalone building. This low coverage land site presents an opportunity for an owner-user to occupy the commercial building with ample onsite parking. As a development project, other similar sized sites allow for 30+ affordable units. As a market rate Tier 1 TOC development site, the property has potential for a maximum of 24 units. Broadway provides tree-lined streets along the center medians, providing excellent curb appeal for tenants and investors. With both properties being located on the corner, it will allow for minimal setbacks and the ability to design a project that encompasses natural light and airflow throughout. 8200 S Broadway is strategically located one block east of the 110 Freeway providing easy access to downtown Los Angeles while catering to hundreds of thousands of tenants or potential customers in the neighborhood and is a well-positioned property with high rental demand that is nearby significant employment opportunities. Buyer shall complete their own due diligence to determine the development potential. Can be sold together or separately with 8112 and 8130 S Broadway. Contact the listing broker for additional information.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$1,214 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,083 SF

ZONING

LAC2

APN/PARCEL ID

6031-032-013

ASK ABOUT THIS PROPERTY

Casey LinsKidder MathewsMore Info
213-225-7223

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Casey LinsKidder MathewsMore Info
213-225-7223

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