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13407 Woodruff Ave
For Sale $1,999,999
$1,999,999
- Units
- Unknown Sq Ft
- 15,045 Sq Ft
- Unknown Cap Rate
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.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,999,999 |
| Property Type | Retail |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 20 spots |
| Year Built | 1985 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 6281011021 |
| MLS # | MB24207284 |
| Property ID | 320949430 |
| Lot Sqft | 15,045 |
| Zoning | BFCN |
| Days on Market | 49 |
| Original List Price | $2,600,000 |
| Date Updated | November 12, 2024 |
| Date Created | October 03, 2024 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
RUBEN SANCHEZ an agent of . Lic #02006975
© 2024 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of November 12, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT