945 N Azusa Ave - Freestanding FOR SALE


Covina, CA 91722- Covina-Valley
$3,200,000 USD
323-803-9422
945 N Azusa Ave, Covina, CA for Sale
$3,200,000 USD
Freestanding - FOR SALE
1/3
null | Request Cap Rate

945 N Azusa Ave
Covina, CA 91722
Covina-Valley


HIGHLIGHTS

  • Expansive ±15,112 SF retail building situated on nearly one acre with strong redevelopment or repositioning potential.
  • Prominent street frontage along Azusa Avenue offers exceptional visibility to heavy daily traffic.
  • Large onsite parking area providing convenience for customers and staff.
  • Located less than one mile from the I-10 Freeway, enabling easy regional access and distribution.
  • Positioned within a dense trade area close to restaurants, retail amenities, and transportation options.
  • Well-suited for continued showroom use or conversion to alternative retail or service-based concepts.

OVERVIEW

This ±15,112 SF building presents a unique opportunity for an investor in a high-visibility corridor of Covina. Situated on an expansive ±39,161 SF lot, this single-story retail structure has operated as a furniture showroom and offers significant open floor space, ample storage, and convenient parking. The property’s layout allows for both showroom and functional warehouse areas, making it adaptable to other retail or service-oriented uses. Built in 1962, the building sits on nearly one acre and provides strong signage exposure to continuous traffic along North Azusa Avenue. The parcel includes a large parking lot for customer and employee convenience, which complements the building’s retail positioning. In addition to excellent street frontage, the site benefits from immediate proximity to the I-10 Freeway, creating seamless access for regional visitors and facilitating efficient transport for goods and services. The surrounding trade area is densely populated and heavily trafficked, with numerous restaurants, shops, and service businesses nearby, supporting the property’s continued commercial viability. Ownership is retiring from business operations, creating an opportunity for a buyer to reposition or occupy the property as a flagship retail or commercial establishment in an active Los Angeles County submarket.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$198 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

C4, Covina

APN/PARCEL ID

8420-016-010

ASK ABOUT THIS PROPERTY

Luis Carrion CCIMColdwell Banker EnvisionMore Info
323-803-9422

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Luis Carrion CCIMColdwell Banker EnvisionMore Info
323-803-9422

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