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Listed by Christian Munoz • CENTURY 21 EXPERIENCE
$ 3,999,999
Est. payment /mo
Active
112 North Gage Avenue Los Angeles, CA 90063
UPDATED:
12/28/2024 12:18 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV-24177049
Year Built 1996
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
Zoning commercial
Interior
Heating Central
Cooling Central Air
Laundry None
Exterior
Utilities Available Sewer Available, Sewer Connected, Water Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected
Building
Lot Description Corner Lot, 2-5 Units/Acre