13407 Woodruff Avenue
Bellflower, CA 90706
0.35 acres | #MB24207284
Description
Prime Bellflower Corner Retail Shopping Center Strip or Restaurant, perfect for any investor or owner operator. 13407-13413 Woodruff Ave, Bellflower consists of one single-story, concrete reinforced strip retail building containing 6,184 of rentable square feet, situated on a 0.36-acre corner commercial parcel with high visibility and heavy vehicle traffic. The property was originally 4 independent units, that where combined to create one large bakery & restaurant of 6,184 square feet. The new buyer has a new canvas to finish building the restaurant or convert back into a 4-unit shopping center, the possibilities are endless. The subject property offers a 3.23:1,000 on-site parking ratio of 20 standard spaces.
This heavily visible retail destination provides investors with a blank canvas to open a large restaurant/baker or open a retail strip center catering to multi tenants and earn rental income. This is a great investment with a potential multi-unit investment cap rate of 4.7%. Located off Woodruff Ave, traveled by over 12,000 vehicles per day, this strip center has highly visible signage. An array of diverse Restaurant & Bakery equipment is also available for sale.
The property rests within beautiful Bellflower, California, where many neighborhood restaurants, and unmatched shopping are found close to Bellflower, California. This property is close to Interstates 105, 605, and 710. Bellflower is just a short drive to Long Beach and other wonderful surrounding cities.
Property Details
- Utility FeaturesCableConnected, ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected
- Lot DescriptionZeroToOneUnitAcre
- CountyLos Angeles
- Original List Price$2,600,000
- MLS #MB24207284
- MLS #MB24207284
- Property TypePurchase
- Cost1999999
- Acres0.3454
- Utility SourcePublic
- Property SubtypeRetail
- Year Built1985
- Stories1
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: RUBEN SANCHEZ (#M442017)
Listing Office: SOURCE REALTY GROUP (#97971)
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