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Former Bank Office Building - Vacant at COE 12366 Firestone Blvd 7,890 SF Office Building Norwalk, CA 90650 $2,890,000 ($366.29/SF)
INVESTMENT HIGHLIGHTS
- .43 Miles Away - Norwalk Community Hospital, .81 Miles Away - John Glenn High School, .61 Miles Away - Court House / Govt Center
- Month-to-Month Tenancy - 1st and 2nd Floor - Delivered Vacant at the Close of Escrow
- 10% to 15% Down Payment - Conventional & SBA Loans - High 5% to Low 6% Interest Rates
- Large Load Factor - Useable Square Footage = 5 spaces per 1,000 SF Allowing Medical Conversion
- Easily Divisible / Separately Metered / Tons of Natural Light Throughout
EXECUTIVE SUMMARY
A former bank two-story office building situated in the Firestone corridor in the City of Norwalk. This property features a 13 passenger elevator, 400 Amp, 3 Phase Power, and dual frontage with ingress/egress on two different streets {Front Street & Firestone Blvd}. The property is strategically next to the 605, 105,and 5 freeways, between Bloomfield Avenue and San Antonio Drive.
The building has the potential for medical office conversion due the load factor from its previous bank use, the useable square footage will boost the square footage to required medical parking ratio 5 spaces per 1,000 square feet. The building is also turnkey general office use and could be delivered empty at the close of escrow.
Motivated Seller - Easy to Tour - Contact Listing Agent
The building has the potential for medical office conversion due the load factor from its previous bank use, the useable square footage will boost the square footage to required medical parking ratio 5 spaces per 1,000 square feet. The building is also turnkey general office use and could be delivered empty at the close of escrow.
Motivated Seller - Easy to Tour - Contact Listing Agent
PROPERTY FACTS
Sale Type
Owner User
Sale Condition
High Vacancy Property
Property Type
Office
Property Subtype
Building Size
7,890 SF
Building Class
B
Year Built/Renovated
1950/2018
Price
$2,890,000
Price Per SF
$366.29
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,945 SF
Building FAR
0.50
Lot Size
0.37 AC
Zoning
C3 - General Commercial - New Specific Plan Allowing Greater Density
Parking
31 Spaces (3.93 Spaces per 1,000 SF Leased)
AMENITIES
- Atrium
- Controlled Access
- Conferencing Facility
- Fitness Center
- Skylights
- Kitchen
- Reception
- Central Heating
- Direct Elevator Exposure
- Natural Light
- Open-Plan
- Air Conditioning
Walk Score®
Very Walkable (73)
PROPERTY TAXES
| Parcel Number | 8056-011-018 | Improvements Assessment | $1,122,000 |
| Land Assessment | $1,734,000 | Total Assessment | $2,856,000 |
PROPERTY TAXES
Parcel Number
8056-011-018
Land Assessment
$1,734,000
Improvements Assessment
$1,122,000
Total Assessment
$2,856,000
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Former Bank Office Building - Vacant at COE | 12366 Firestone Blvd
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