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558 E Anaheim St 3,248 SF Retail Building Wilmington, CA 90744 $2,650,000 ($815.89/SF)
Investment Highlights
- Heavy daily traffic
- 2nd generation full service restaurant
Executive Summary
Freestanding restaurant property offered for sale as real estate only. The existing restaurant business is not included in the sale. Property features a 3,248 SF building situated on a 21,443 SF lot with approximately 77 parking spaces. The site has historically operated as a restaurant and includes an ABC Type 41 Beer & Wine license currently in place (transfer subject to ABC approval).
Property presents an opportunity for an owner-user restaurant operator or an investor seeking a restaurant-ready location. Large lot size and parking field provide potential flexibility for future redevelopment or repositioning, subject to city approval.
Buyer to conduct their own due diligence regarding zoning, use, and licensing transfer requirements.
Property presents an opportunity for an owner-user restaurant operator or an investor seeking a restaurant-ready location. Large lot size and parking field provide potential flexibility for future redevelopment or repositioning, subject to city approval.
Buyer to conduct their own due diligence regarding zoning, use, and licensing transfer requirements.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
3,248 SF
Building Class
C
Year Built
1963
Price
$2,650,000
Price Per SF
$815.89
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.49 AC
Opportunity Zone
Yes
Zoning
M2, Los Angeles - Light manufacturing / Storage and distribution / Office space
Parking
77 Spaces (10 Spaces per 1,000 SF Leased)
Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (87)
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $301,749 | |
| Land Assessment | $986,492 | Total Assessment | $1,288,241 |
Property Taxes
Parcel Numbers
Land Assessment
$986,492
Improvements Assessment
$301,749
Total Assessment
$1,288,241
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558 E Anaheim St
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