9138-9140 Telegraph Rd - Storefront Retail/Residential FOR SALE
Downey, CA 90240 |
$1,120,000 USD
562-397-3530
9138-9140 Telegraph Rd
Downey, CA 90240
HIGHLIGHTS
- The property is located in High traffic area with a great visibility. It’s surrounded by active development, old buildings are replaced with new.
- The Pro Forma Capital Rate after renovation and after convert the garage into the ADU will be 5.6%. The rent total will be $6,000/month.
- The pro forma rent: 2400(Liquor)+2200(2bed house)+1400(ADU)=6000
OVERVIEW
Prime commercial property on telegraph Road near Lakewood Boulevard in Downey. High traffic location currently used as a Liquor store with a detected two bedroom home and two car garage at the rear. Ideal for Live/Wok or rental income.
Located near Chick-fil-A and Northgate market and measure new developments. Great visibility and easy access. Detached garage offers ADU potential which is the back unit addressed 9140 Telegraph Rd.. perfect for owner user or investor. Liquor Store business is not included. The business owner is willing to sell the business.
FOR SALE DETAILS
PRICE
$1,120,000 USD
PRICE/SF
$691 USD /SF
CAP RATE
3.62%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment Or Owner User
BUILDING DETAILS
PROPERTY NAME
Rosewood Liquor
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Residential
ADD'L SUBTYPES
Convenience Store, Storefront Retail/Office, Office/Residential
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1950
SPRINKLERS
-
PARKING SPACES
6
LAND DETAILS
LAND ACRES
0.18 AC
LAND SF
7,800 SF
ZONING
DOC4-P
APN/PARCEL ID
6388-004-002
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562-397-3530
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562-397-3530
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