12159 Paramount Blvd
Downey, CA 90242
Located On Major Thoroughfare 28,217 CPD · Retail Property For Sale

The Growth Investment Group is proud to offer 12159-61 Paramount Blvd, a retail commercial property in the highly sought-after city of Downey, California. This investment opportunity is ideal for an owner-user who wants a property with excellent street visibility, high traffic count and all the bells and whistles necessary to run a successful business. The property has been under the same ownership since 2006 and since then, is the first time being offered for sale. The asset is currently used as an owner-occupied food market/restaurant business. With only a short distance from Freeway 105, 5, 605 and 710 it is within excellent proximity to many inevitabilities. Perfectly situated on Paramount Boulevard and Alameda Street, in between Stewart and Gray Road and Imperial Highway, the property has excellent street visibility with an affluent traffic count of 28,217 CPD (cars per day). The entire property has been completely remodeled with copper plumbing, new grease trap, security camera system throughout and much more. There are two (2) separate parcels that can be bought/sold together as additional options for the new owner. Nearby are many retailers such as: Starbucks, Walmart, Shakey’s, Benihana, Panera Bread, Best Buy, TJ Maxx, Bank of America, Subway, IHOP, Denny’s, Porto’s, Chick-fil-A, and more. The property has a very large lot of 14,870 Sq. Ft and its own private driveway leading to the rear of the property which holds twenty-two (22) parking spaces. The current Restaurant/Food Market business maintains a very large and loyal customer base since the inception in 2006. This investment opportunity is perfect for an investor looking to acquire an investment commercial property and maximize its income potential. NOTE: RESTAURANT/BUSINESS IS BEING SOLD FOR ADDITIONAL $425,050 DO NOT DISTURB EMPLOYEES