Norwalk, CA 90650,16024 Pioneer Boulevard
$875,000
Est. payment /mo
$950,000
7.9%
Est.Price: ?

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2,700 SqFt
SOLD DATE : 08/25/2023

Key Details

Sold Price $875,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 2,700 sqft

Price per Sqft $324

MLS Listing ID CRSW23061541

Sold Date 08/25/23

HOA Y/N No

Year Built 1956

Lot Size 3,968 Sqft

Acres 0.09

Property Description

Quality Mixed Use Investment Opportunity - One 2700 sq. ft. Commercial Retail Building with 2 - 1350 sq. ft. units, a single-tenant Liquor Store, and single tenant Taco Fish Restaurant located in Norwalk, California. This property is currently leased to a local and experienced convenience store operator – "Cheap Liquor Store", but for the past 10 years run by the owner of "Cheap Liquor Store" and has been operating ever since and serves the local neighborhood and community. This is an excellent opportunity for an investor looking to add value and capitalize on the growing commercial market. If vacant could accommodate nearly most commercial/industrial uses. The subject has adequate frontage, good ingress, and egress, adequate coverage ratio, and adequate parking capabilities. The subject property is within the M-1, Light Manufacturing zone, allowing commercial uses, and has a consistent land use designation. Close to the Santa Ana Freeway (I-5) and San Gabriel River Freeway (I-605) intersect at its northern edge, while the Century Freeway (I-105) intersects with the I-605 at the city's western edge. The Artesia Freeway (91) passes east/west just south of the city boundary. This Commercial Building is also perfect for the OWNER-USER to operate his or her business in the street f

Location

State CA

County Los Angeles

Area Norwalk

Interior

Heating Other

Cooling Central Air

Fireplace No

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Other, Cable Connected

Building

New Construction No

Others

Tax ID 7009005001

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Bridge MLS
Listed by Anthony Cullors • HomeSmart Realty West
Bought with EricaMoreno

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Parisa Samimi

+1(510) 410-4050

Founder & Real Estate Broker | License ID: 01858122

Founder & Real Estate Broker License ID: 01858122

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