14113 Downey Ave
Paramount, CA 90723
Downey Ave Redevelopment · For Lease

Graystone Capital Advisors is pleased to present an opportunity for an Owner-User C-Store/Redevelopment Site located at 14113 Downey Avenue, Paramount, CA. The existing building, built in 1949, is +1,968 square feet, sitting on 0.48 acres of land with frontage along Downey Avenue. The site is fully entitled and RTI with approved plans for a ±5,874 SF multitenant retail building. With strong street frontage, flexible layouts, and exposure to over 42,000 vehicles per day (26,550 VPD on Rosecrans and 16,075 VPD on Downey), the property is ideally positioned for QSR, gas station, medical office, or convenience-based retail development. Located just south of Rosecrans Avenue and walking distance to Paramount High School (0.2 miles), the site benefits from a high volume of both vehicular and foot traffic. Zoned as PD-PS PAR1YY, this property offers a wide range of possible uses, from commercial, to residential & mixed use*. Consumer spending within three miles exceeds $2.8 billion annually, driven by consistent demand for food, fuel, healthcare, and essential services. This high-visibility corner presents a rare opportunity for developers, investors, or owner-users to establish a new retail concept in a supply-constrained, infill market with strong underlying demand.