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$1,680,000
Est. payment /mo
7,017 Sqft Lot
UPDATED:
09/30/2024 06:43 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR24098752
HOA Y/N No
Year Built 1948
Lot Size 7,017 Sqft
Property Description
**Prime Investment Opportunity on Bustling Garvey Avenue**
Welcome to 11139 Garvey Ave, situated in the heart of El Monte's thriving business district. This 3,676 square foot industrial/retail building and a bonus of ±1,000sf magazine space add the total usable space to 4,676sf, sits on a generous 0.16-acre lot, providing ample space for various business ventures. The recent zoning upgrade to Mixed/Multi-Use (MMU) presents an exciting opportunity for investors and owner-users alike.
**Key Highlights:**
Strategically positioned between Tyler and Peck Road, this property enjoys high visibility and accessibility. With the city's focus on mixed residential-commercial developments in the area, the potential for growth and appreciation is substantial.
The flexible MMU zoning allows for a variety of uses, making it ideal for retail, office, or mixed-use development. Whether you're looking to start a new business or expand your investment portfolio, this property offers endless possibilities.
The seller is motivated to make a deal, presenting an excellent opportunity for savvy investors to negotiate favorable terms.
With its central location and proximity to public transportation, including bus stops, the property benefits from heavy daytime foot traffic, ensuring maximum exposure for businesses.
Retail space with storage is available on-site, providing convenience for tenants or owners. Additionally, the property is conveniently located in the city of el monte
Don't miss out on this rare chance to secure a valuable asset in one of El Monte's most dynamic and rapidly evolving neighborhoods. Schedule a viewing today and unlock the potential of this prime investment property!
Welcome to 11139 Garvey Ave, situated in the heart of El Monte's thriving business district. This 3,676 square foot industrial/retail building and a bonus of ±1,000sf magazine space add the total usable space to 4,676sf, sits on a generous 0.16-acre lot, providing ample space for various business ventures. The recent zoning upgrade to Mixed/Multi-Use (MMU) presents an exciting opportunity for investors and owner-users alike.
**Key Highlights:**
Strategically positioned between Tyler and Peck Road, this property enjoys high visibility and accessibility. With the city's focus on mixed residential-commercial developments in the area, the potential for growth and appreciation is substantial.
The flexible MMU zoning allows for a variety of uses, making it ideal for retail, office, or mixed-use development. Whether you're looking to start a new business or expand your investment portfolio, this property offers endless possibilities.
The seller is motivated to make a deal, presenting an excellent opportunity for savvy investors to negotiate favorable terms.
With its central location and proximity to public transportation, including bus stops, the property benefits from heavy daytime foot traffic, ensuring maximum exposure for businesses.
Retail space with storage is available on-site, providing convenience for tenants or owners. Additionally, the property is conveniently located in the city of el monte
Don't miss out on this rare chance to secure a valuable asset in one of El Monte's most dynamic and rapidly evolving neighborhoods. Schedule a viewing today and unlock the potential of this prime investment property!
Location
State CA
County Los Angeles
Area 619 - El Monte
Interior
Fireplace No
Laundry None
Building
Story 2
Water Public
Others
Tax ID 8566008027
Special Listing Condition Standard
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Listed by Henry Liu • CBD Investment Inc. • 626-688-2208
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