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9002 Imperial Hwy
Downey, CA 90242
Retail Property For Sale
Investment Highlights
- Extremely Busy intersection
- Only one year old and sales are growing
- No Competition on same corner
Property Facts
Property Type
Retail
Property Subtype
Service Station
Building Size
1,990 SF
Building Class
B
Year Built/Renovated
1989/2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.51 AC
Zoning
DOC4*
Parking
11 Spaces (5.53 Spaces per 1,000 SF Leased)
Frontage
135’ on Imperial Hwy
Amenities
- 24 Hour Access
About 9002 IMPERIAL HWY , DOWNEY, CA 90242
Located at a very busy corner with traffic counts over 60,000 VPD. Located North of 91 Frwy, across street from Chick-fila. Many high-end restaurants have been established in the area in the past 5 years and Lakewood Blvd is becoming an entertainment area. Building is only one and half year old and business now shows about 53K monthly net profit withing past few months after all expenses and before mortgage or rent Owner is willing to sell Business only for $1,950,000 with $26k monthly rent and giving Buyer an option to buy at a set price in 2 years or less.
Property Taxes
| Parcel Number | 6256-009-024 | Improvements Assessment | $232,114 |
| Land Assessment | $2,205,110 | Total Assessment | $2,437,224 |
Property Taxes
Parcel Number
6256-009-024
Land Assessment
$2,205,110
Improvements Assessment
$232,114
Total Assessment
$2,437,224
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