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5734 Old Second St
For Sale $2,800,000
$2,800,000
- 5 Units
- Unknown Sq Ft
- 44,473 Sq Ft
- Unknown Cap Rate
Description
This shopping center boasts five laundromat and restaurant tenants with high visibility along Old 2nd Street and W Grange Ave. The total building area is 18,000 sqft with 5 units and parking lot for 120 cars. Strip center : Unit 1: restaurant , 6000 sf. Unit 2: ,2500 sf, Central air & heat . Unit 3: It was a pizza restaurant. Unit 4: meat business , 3800 sf Unit 5 : Coin Laundromat , 4500 Sf , 92 machines , lottery , 2 year old heating & cooling system, lots of potential, opened 2019. In 2019, significant upgrades were made to the property, including all wall renovated ($60,000), the sidewalk fixed and replaced ($50,000.00), 5 poles($40,000.00) installed, other renovation on 2019($15,000) , a new roof( $55,000.00) , 2 meters in the property , 1 for at restaurant , another one for laundromat . The yearly GROSS RENT: $307,800. Expenses are : $13,000.00 for annual real estate tax, $5,000.00 for real estate insurance
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 | $2,800,000 |
| Property Type | Retail |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1940 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 882136700 |
| MLS # | PAPH2516996 |
| Property ID | 321989998 |
| Lot Sqft | 44,473 |
| Zoning | CA1 |
| Total Units | 5 |
| Days on Market | 204 |
| Original List Price | Unknown |
| Date Updated | July 17, 2025 |
| Date Created | July 14, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Zhan Su an agent of . Lic #RM425672
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Data last updated: February 03, 2026.
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Robert Crawford
REAL ESTATE AGENT