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$ 6,750,000
Est. payment | /mo
9,884 SqFt
$ 6,750,000
Est. payment | /mo
9,884 SqFt
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Pending
Purchase Type For Sale
Square Footage 9,884 sqft
Price per Sqft $682
MLS Listing ID CL24350241
HOA Y/N No
Year Built 1986
Lot Size 0.396 Acres
Acres 0.4
Property Sub-Type Comm Ind For Sale
Property Description
This signalized corner retail center presents an investor a unique opportunity to add-value to one of the hippest corners in Silver Lake, surrounded by major grocery tenants, restaurants, bars, and high walking traffic count. The subject building is +/- 10,340 square feet (per CoStar) and situated on a +/- 17,000 square foot parcel of land. The center is currently 50% vacant with the remaining tenant leases expiring in 2025 through 2026, adding significant value-add potential. The center is anchored by Pink Berry, and also includes a popular coffee shop, and veterinary clinic, and a pet store. Excellent opportunity to add additional food, entertainment, fitness, or other uses that will play to the strong retail demand and demographics of this neighborhood. Due to a covenant recorded against the title, this property is not a candidate for residential development at this time.
Location
State CA
County Los Angeles
Area Listing
Zoning C4-1
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 5433027030
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Listed by Oron Maher • Maher Commercial Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "