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19821 Valley Blvd 2,344 SF Retail Building Walnut, CA 91789 $2,500,000 ($1,066.55/SF)
Investment Highlights
- Freestanding Auto Repair Building-Delivered Vacant-Expansion Potential
Executive Summary
Exceptional opportunity to acquire a 2344 SF freestanding commercial building situated on a 5830 SF lot (0.13 acres) in the desirable City of Walnut, CA.
Build in 2004, the property is currently operating as an established auto repair facility and will be delivered vacant at close of escrow, providing immediate flexibility for an owner-user or investor. The building features a functional automotive layout including: 2 service bays, 2 brake machines, Wheel balancer, Tire changer, A/C service equipment, Battery charger, Air compressor. The building has HVAC (heating & air conditioning), Alarm system, Private office, 2 restrooms, upstairs storage area (200SF), On-site parking for approximately 7-10 vehicles. (Seller is willing to leave the installed automotive equipment in place, creating a potential turn-key opportunity for an operator. If the buyer prefers, the equipment may be removed or sold separately. (value aprox. $100k)
Several nearby properties have expanded their building footprint toward the front setback. Buyer to verify with the City of Walnut, but there appears to be potential to enlarge the existing structure, creating additional aquare footage and long-term value.
(Freestanding automotive buildings in Walnut are limited, making this a rare owner-user or value-add investment opportunity)
Build in 2004, the property is currently operating as an established auto repair facility and will be delivered vacant at close of escrow, providing immediate flexibility for an owner-user or investor. The building features a functional automotive layout including: 2 service bays, 2 brake machines, Wheel balancer, Tire changer, A/C service equipment, Battery charger, Air compressor. The building has HVAC (heating & air conditioning), Alarm system, Private office, 2 restrooms, upstairs storage area (200SF), On-site parking for approximately 7-10 vehicles. (Seller is willing to leave the installed automotive equipment in place, creating a potential turn-key opportunity for an operator. If the buyer prefers, the equipment may be removed or sold separately. (value aprox. $100k)
Several nearby properties have expanded their building footprint toward the front setback. Buyer to verify with the City of Walnut, but there appears to be potential to enlarge the existing structure, creating additional aquare footage and long-term value.
(Freestanding automotive buildings in Walnut are limited, making this a rare owner-user or value-add investment opportunity)
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,344 SF
Building Class
B
Year Built
2003
Price
$2,500,000
Price Per SF
$1,066.55
Tenancy
Single
Building Height
1 Story
Building FAR
0.41
Lot Size
0.13 AC
Zoning
WAC3* - Light Industrial
Parking
3 Spaces (1.28 Spaces per 1,000 SF Leased)
Frontage
135’ on Valley Blvd
Amenities
- Fenced Lot
- Security System
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Car Charging Station
- Air Conditioning
- Smoke Detector
- Backup Power / Generators
Nearby Major Retailers
Property Taxes
| Parcel Number | 8722-017-006 | Improvements Assessment | $702,415 |
| Land Assessment | $199,509 | Total Assessment | $901,924 |
Property Taxes
Parcel Number
8722-017-006
Land Assessment
$199,509
Improvements Assessment
$702,415
Total Assessment
$901,924
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X-Change Realty & Investments
19821 Valley Blvd
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