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601 N Avalon Blvd
Wilmington, CA 90744
Retail Property For Sale
Investment Highlights
- Medical Build Out in Units AB & D
- Ample Parking
- Corner Visibility
Executive Summary
Introducing an exceptional investment opportunity! This prime
property at 601 N Avalon Blvd, Wilmington, CA is an attractive 7,852
SF building, boasting three units and built in 2007. The property
holds immense potential for a Retail/Strip Center investor, with a
[Q]C2-2D-CUGU zoning and 36% occupancy offering a strong
foundation for growth. Situated in the vibrant Wilmington area, this
property presents a compelling proposition for investors seeking a
high-potential commercial real estate opportunity.
PROPERTY HIGHLIGHTS
High visibility and easy accessibility
Spacious interior with versatile layout options
Ample room for showcasing merchandise
Generous parking for customers and employees
Modern design and well-maintained exterior
Excellent curb appeal
property at 601 N Avalon Blvd, Wilmington, CA is an attractive 7,852
SF building, boasting three units and built in 2007. The property
holds immense potential for a Retail/Strip Center investor, with a
[Q]C2-2D-CUGU zoning and 36% occupancy offering a strong
foundation for growth. Situated in the vibrant Wilmington area, this
property presents a compelling proposition for investors seeking a
high-potential commercial real estate opportunity.
PROPERTY HIGHLIGHTS
High visibility and easy accessibility
Spacious interior with versatile layout options
Ample room for showcasing merchandise
Generous parking for customers and employees
Modern design and well-maintained exterior
Excellent curb appeal
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
7,410 SF
Building Class
B
Year Built
2007
Price
$2,800,000
Price Per SF
$377.87
Cap Rate
6.09%
NOI
$170,573
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
11’
Building FAR
0.42
Lot Size
0.41 AC
Opportunity Zone
Yes
Zoning
LAC2
Parking
12 Spaces (1.62 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Corner Lot
- Fenced Lot
Property Taxes
| Parcel Number | 7423-001-008 | Improvements Assessment | $1,129,463 |
| Land Assessment | $454,966 | Total Assessment | $1,584,429 |
Property Taxes
Parcel Number
7423-001-008
Land Assessment
$454,966
Improvements Assessment
$1,129,463
Total Assessment
$1,584,429
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