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Youngs Market & Restaurant 851-853 W Gardena Blvd 3,875 SF Retail Building Gardena, CA 90247 $1,599,000 ($412.65/SF) 11.82% Cap Rate
Investment Highlights
- Steady Income and Great Strip Retail Attraction
- High Potential for Financial Growth
- Adjacent Parking Lot for 5 Spaces (Possible option for 9)
- Owner User or Income Property
- Close Proximity to Major Retailers
Executive Summary
Here is updated numbers:
Monthly gross sales over $100,000 from operating the market
Net profit is $20,000 per month
Please rental income of $2,600 per month
from the back restaurant tenant
SEE ATTACHED DOC FOR INVESTMENT DEPRECIATION, COST SEGREGATION, TAX BENEFITS, AND APPRECIATION FOR THE NEXT BUYER.
** BRING YOUR 1031 EXCHANGE HERE. **
PRICED TO SELL!!
LAST CHANCE TO PURCHASE YOUR DREAM BUSINESS AND THE BUILDING YOU OWN. A VERY CLEAN, WELL-ESTABLISHED MARKET!! GREAT LOCATION, GREAT NEIGHBORHOOD TO SHOP AND LIVE.
SUCCESSFUL BUSINESS!!
BE THE OWNER TODAY!!
OWN YOUR OWN BUILDING AND BECOME A SUCCESSFUL BUSINESS OWNER!!!
Monthly gross sales over $100,000 from operating the market
Net profit is $20,000 per month
Please rental income of $2,600 per month
from the back restaurant tenant
SEE ATTACHED DOC FOR INVESTMENT DEPRECIATION, COST SEGREGATION, TAX BENEFITS, AND APPRECIATION FOR THE NEXT BUYER.
** BRING YOUR 1031 EXCHANGE HERE. **
PRICED TO SELL!!
LAST CHANCE TO PURCHASE YOUR DREAM BUSINESS AND THE BUILDING YOU OWN. A VERY CLEAN, WELL-ESTABLISHED MARKET!! GREAT LOCATION, GREAT NEIGHBORHOOD TO SHOP AND LIVE.
SUCCESSFUL BUSINESS!!
BE THE OWNER TODAY!!
OWN YOUR OWN BUILDING AND BECOME A SUCCESSFUL BUSINESS OWNER!!!
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
3,875 SF
Building Class
B
Year Built
1922
Price
$1,599,000
Price Per SF
$412.65
Cap Rate
11.82%
NOI
$189,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.65
Lot Size
0.14 AC
Zoning
LAC2 - Commerical Store - One Story
Parking
5 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
45’ on Gardena
Amenities
- Bus Line
- Signage
About 851-853 W GARDENA BLVD , GARDENA, CA 90247
Grocery Market & Restaurant / 851-853 W. Gardena BLVD 3,875 SF / Retail Buildings / Gardena, CA 90247 / $1,750.000 ($451.6/SF)
Walk Score®
Very Walkable (79)
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $382,034 | |
| Land Assessment | $424,482 | Total Assessment | $806,516 |
Property Taxes
Parcel Numbers
Land Assessment
$424,482
Improvements Assessment
$382,034
Total Assessment
$806,516
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Youngs Market & Restaurant | 851-853 W Gardena Blvd
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