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Seller Financing Available 5560 Lankershim Blvd 3,682 SF Retail Building North Hollywood, CA 91601 $1,785,000 ($484.79/SF)
INVESTMENT HIGHLIGHTS
- Located in the Noho Arts District
- Open floor plan and Secured Parking
- Surronded by new developments
- 115 FEET of linear frontage on Lankershim Blvd
- Traffic Count of 29,605
EXECUTIVE SUMMARY
5560 Lankershim Blvd is a free-standing, single-story retail building of approximately 3,682 SF on a 5,129 SF lot. Previously operated as night club/bar. Offered at $1,795,000.
The interior layout of the buildings provides a flexible configuration which allows for a wide variety of business uses. Excellent opportunity for a Studio, Veterinary or a Medical office conversion. The property is located in the Noho Arts District and walking distance to numerous restaurants and shops. Additionally, the property provides convenient access to the 134, 170, 101 & 5 Freeways.
**SELLER FINANCING IS AVAILABLE ASK AGENT FOR DETAILS
CALIFORNIA Type 48 liquor license is also available for sale for 5560 Lankershim Blvd however it is not included as part of the sale price and is sold separately. Contact agent for details.
The interior layout of the buildings provides a flexible configuration which allows for a wide variety of business uses. Excellent opportunity for a Studio, Veterinary or a Medical office conversion. The property is located in the Noho Arts District and walking distance to numerous restaurants and shops. Additionally, the property provides convenient access to the 134, 170, 101 & 5 Freeways.
**SELLER FINANCING IS AVAILABLE ASK AGENT FOR DETAILS
CALIFORNIA Type 48 liquor license is also available for sale for 5560 Lankershim Blvd however it is not included as part of the sale price and is sold separately. Contact agent for details.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,682 SF
Building Class
C
Year Built
1946
Price
$1,785,000
Price Per SF
$484.79
Tenancy
Single
Building Height
1 Story
Slab To Slab
11’
Building FAR
0.31
Lot Size
0.27 AC
Opportunity Zone
Yes
Zoning
LAC2 - Commercial
Parking
8 Spaces (2.17 Spaces per 1,000 SF Leased)
Frontage
115’ on Lankershim Blvd
AMENITIES
- Signage
Walk Score®
Walker's Paradise (92)
Bike Score®
Very Bikeable (76)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $301,210 | |
| Land Assessment | $631,808 | Total Assessment | $933,018 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$631,808
Improvements Assessment
$301,210
Total Assessment
$933,018
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Seller Financing Available | 5560 Lankershim Blvd
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