CA > Bellflower
Bellflower, CA 90706,13407 Woodruff AVE
Bellflower, CA 90706,13407 Woodruff AVE
Bellflower, CA 90706,13407 Woodruff AVE
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,999,999
Est. payment /mo
0.35 Acres Lot
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UPDATED:

11/12/2024 07:06 PM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID MB24207284

HOA Y/N No

Year Built 1985

Lot Size 0.345 Acres

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

Area 699 - Not Defined

Zoning BFCN

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry None

Exterior

Fence None

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Roof Type Shingle

Present Use Commercial

Total Parking Spaces 20

Building

Lot Description 0-1 Unit/Acre

Story 1

Water Public

Others

Tax ID 6281011021

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

Read Less Info
California Regional MLS (CRMLS)
Listed by RUBEN SANCHEZ • SOURCE REALTY GROUP • 323-240-4433

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