21627 Sherman Way 1,500 SF Retail Building Canoga Park, CA 91303 $998,800 ($665.87/SF)

This rare owner-user opportunity offers a ±1,500 SF retail storefront in the heart of the Sherman Corridor within Downtown Canoga Park’s vibrant Parts District. Positioned along a high-visibility neighborhood commercial corridor, the property is ideal for small business operators seeking long-term stability and control over occupancy costs. Currently configured as a barber shop, the space is highly adaptable for a variety of uses including salon, boutique, medical office, yoga or fitness studio, café, or entertainment concept.
Recent capital improvements deliver a turnkey environment with minimal near-term maintenance exposure. Upgrades include a new roof and HVAC system (2022), updated electrical and plumbing (2020), and modern finishes such as polished concrete floors, exposed brick, and custom woodwork. The property also features an ADA-compliant access ramp, tankless water heater, and a fully fenced lot with a roll-down security gate for added security.
Located within an IRS-designated Opportunity Zone and the local JEDI Zone, this asset offers compelling tax advantages and access to small business incentives, including loans up to $50,000. SBA 504 financing options further enhance affordability, allowing qualified buyers to purchase with as little as 10% down and secure long-term fixed-rate financing. For many owner-users, ownership costs may rival or even undercut current lease rates, making this an exceptional chance to build equity while locking in predictable occupancy expenses.