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Listed by RUBEN SANCHEZ • SOURCE REALTY GROUP
$1,999,999
Est. payment /mo
Active
13407 Woodruff Avenue Bellflower, CA 90706
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UPDATED:
12/10/2024 07:10 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID MB-24207284
Year Built 1985
Property Description
Prime Bellflower Corner Retail Shopping Center Strip or Restaurant, perfect for any investor or owner operator. 13407-13413 Woodruff Ave, Bellflower consists of one single-story, concrete reinforced strip retail building containing 6,184 of rentable square feet, situated on a 0.36-acre corner commercial parcel with high visibility and heavy vehicle traffic. The property was originally 4 independent units, that where combined to create one large bakery & restaurant of 6,184 square feet. The new buyer has a new canvas to finish building the restaurant or convert back into a 4-unit shopping center, the possibilities are endless. The subject property offers a 3.23:1,000 on-site parking ratio of 20 standard spaces. This heavily visible retail destination provides investors with a blank canvas to open a large restaurant/baker or open a retail strip center catering to multi tenants and earn rental income. This is a great investment with a potential multi-unit investment cap rate of 4.7%. Located off Woodruff Ave, traveled by over 12,000 vehicles per day, this strip center has highly visible signage. An array of diverse Restaurant & Bakery equipment is also available for sale. The property rests within beautiful Bellflower, California, where many neighborhood restaurants, and unmatched shopping are found close to Bellflower, California. This property is close to Interstates 105, 605, and 710. Bellflower is just a short drive to Long Beach and other wonderful surrounding cities.
Location
State CA
County Los Angeles
Zoning BFCN
Interior
Heating Central
Cooling Central Air
Laundry None
Exterior
Utilities Available Sewer Connected, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected
Building
Lot Description 0-1 Unit/Acre
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