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Listed by Henry Liu • CBD Investment Inc.
$1,680,000
Est. payment /mo
3,676 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,676 sqft
Price per Sqft $457
MLS Listing ID CRAR24098752
HOA Y/N No
Year Built 1948
Lot Size 7,016 Sqft
Property Sub-Type Retail
Source Datashare California Regional
Property Description
**Prime Investment Opportunity on Bustling Garvey Avenue** Welcome to 11139 Garvey Ave, situated in the heart of El Monte's thriving business district. This 3,676 square foot industrial/retail building and a bonus of ±1,000sf magazine space add the total usable space to 4,676sf, sits on a generous 0.16-acre lot, providing ample space for various business ventures. The recent zoning upgrade to Mixed/Multi-Use (MMU) presents an exciting opportunity for investors and owner-users alike. **Key Highlights:** Strategically positioned between Tyler and Peck Road, this property enjoys high visibility and accessibility. With the city's focus on mixed residential-commercial developments in the area, the potential for growth and appreciation is substantial. The flexible MMU zoning allows for a variety of uses, making it ideal for retail, office, or mixed-use development. Whether you're looking to start a new business or expand your investment portfolio, this property offers endless possibilities. The seller is motivated to make a deal, presenting an excellent opportunity for savvy investors to negotiate favorable terms. With its central location and proximity to public transportation, including bus stops, the property benefits from heavy daytime foot traffic, ensuring maximum exposure for b
Location
State CA
County Los Angeles
Interior
Fireplace No
Building
Water Public
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