112 N Gage AVE Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90063
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV24177049
HOA Y/N No
Year Built 1996
Lot Size 0.413 Acres
Lot Dimensions Assessor
Property Description
Come take a look at this property located in the heart of Los Angeles. Conveniently located on the corner of two major cross streets of North Gage St. and Downey Rd. Property cash flows immediately with two current tenants. A meat market/grocery store, private warehouse and separate bakery. Property comes with private parking lot to maximize customer traffic. This property has more room to add more revenue with the amount of space it offers with a lot size of over 18,000 sqft. Great opportunity to convert this unit into into 2 more businesses totaling to 4 businesses in one building to maximize cashflow. The market offers private office space, two industrial size stainless steel walk in coolers with 1 cooler offering 10 doors of shelf space for grocery store revenue, industrial size freezer, restaurant grade flooring in meat market, stainless steel 3 compartment sinks, 2 cutting tables and 2 customer restrooms. There is a private parking lot offering 14 parking spots and dumpster space. Bakery contains an oven, its own restroom, food display case, a grease trap, 2 compartment sink, and parking spaces for 4. Building has been recently painted and the roof is less 15 years old. All the refrigeration from walk ins and freezer is less than 3 years old. All electrical has been updated to all your business needs and future needs.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning commercial
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry None
Exterior
Fence Brick
Utilities Available Electricity Available,Electricity Connected,Natural Gas Available,Natural Gas Connected,Sewer Available,Sewer Connected,Water Available,Water Connected
Roof Type Common Roof
Building
Lot Description 2-5 Units/Acre,Corner Lot
Story 1
Water Public
Others
Tax ID 5233008021
Acceptable Financing Cash,1031 Exchange,Lease Back,Lease Option,Owner May Carry,Submit
Listing Terms Cash,1031 Exchange,Lease Back,Lease Option,Owner May Carry,Submit
Special Listing Condition Standard