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22139 Sherman Way 2,470 SF Retail Building Canoga Park, CA 91303 For Sale
Investment Highlights
- Existing Medical Certificate of Occupancy
- Strong owner-user opportunity - SBA Financing
- Minutes from Warner Center
- Three separately occupied commercial suites
- Excellent Sherman Way frontage
- AB 2097 Eligible
Executive Summary
Coldwell Banker Commercial is exclusively listing 22139 Sherman Way, which presents an opportunity to acquire a well-located commercial building in one of the San Fernando Valley's most active commercial districts.
Unlike a traditional investment property, the offering is ideally suited for an owner-user seeking to transition from leasing to ownership while benefiting from supplemental rental income generated by the remaining tenant spaces.
The property's existing three-suite configuration provides flexibility for future expansion, leasing or repositioning as business needs evolve.
A significant benefit of the property is the existing Medical Certificate of Occupancy obtained by the current ownership. Combined with the property's commercial zoning and AB 2097 eligibility, the building may be particularly attractive to medical, dental, physical therapy, wellness and other healthcare-related users, subject to buyer verification and governmental approvals.
The property's location immediately adjacent to the Warner Center area further enhances its long-term investment potential as billions of dollars of public and private investment continue transforming the surrounding community.
Unlike a traditional investment property, the offering is ideally suited for an owner-user seeking to transition from leasing to ownership while benefiting from supplemental rental income generated by the remaining tenant spaces.
The property's existing three-suite configuration provides flexibility for future expansion, leasing or repositioning as business needs evolve.
A significant benefit of the property is the existing Medical Certificate of Occupancy obtained by the current ownership. Combined with the property's commercial zoning and AB 2097 eligibility, the building may be particularly attractive to medical, dental, physical therapy, wellness and other healthcare-related users, subject to buyer verification and governmental approvals.
The property's location immediately adjacent to the Warner Center area further enhances its long-term investment potential as billions of dollars of public and private investment continue transforming the surrounding community.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
2,470 SF
Building Class
C
Year Built
1952
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.57
Lot Size
0.10 AC
Zoning
C1
Frontage
40’ on Sherman Way
Amenities
- Signage
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 2023-009-017 | Improvements Assessment | $159,294 |
| Land Assessment | $489,264 | Total Assessment | $648,558 |
Property Taxes
Parcel Number
2023-009-017
Land Assessment
$489,264
Improvements Assessment
$159,294
Total Assessment
$648,558
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22139 Sherman Way