9002 Imperial Hwy
Downey, CA 90242
Retail Property For Sale
Investment Highlights
- Heavy Traffic Signalized Corner with No competition on same corner
- New Construction and Full liquor license will be added soon to the Business
- Close to 105 FRWY and surrounded by many restaurants and retail businesses
Property Facts
Amenities
- 24 Hour Access
About 9002 IMPERIAL HWY , DOWNEY, CA 90242
This is a new construction, and it was completed as of end of January. Seller is willing to sell Business only for 2,200,000 and $25,000 monthly rent (NNN). Purchase Business now and then the real property in 2 years at a preset price. City of Downey has the right to take away 11 feet of the property along Imperial HWY as street dedication at any time and will move the Sign at city's expense. City will reimburse owner with $300,000. Owner has E-85 permit and buyer may add it to the station if desires. Full liquor license was just approved by City council. Owner is processing a new full liquor license through ABC at this time. Liquor will increase the sale by 10K to 15k/mo. with 40% gross profit. Average household income in the area is $99,925 and about 36,000 residents within 1-mile radius.
Property Taxes
| Parcel Number | 6256-009-024 | Improvements Assessment | $232,114 |
| Land Assessment | $2,205,110 | Total Assessment | $2,437,224 |
Property Taxes
