Los Angeles Commercial Property For
112 N Gage Avenue, Los Angeles, CA 90063
Commercial property in Los Angeles with immediate cash flow potential.
Type:Commercial/Industrial
Property size:
18,000 SFLot size:
0.41 AcresPrice / SF:
$222/SF- Added:
- Aug 27, 2024
- Days on Market:
- 641
- Last Refresh:
- May 27 at 9:03 am
Property Features for 112 N Gage Avenue
General Information
- Standard status
- Active
- Size
- 18,000 SF
- Lot size
- 0.41 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1996
Listing agent Christian Munoz License #02138737 (760) 220-0703
Listing office CENTURY 21 EXPERIENCE (760) 220-0703
Listing date Aug 27, 2024
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 EXPERIENCE
HighLights
- Immediate cash flow with two existing tenants (meat market/grocery store and bakery).
- Significant potential to increase revenue by adding two more businesses.
- Large lot size (over 18,000 sqft) provides ample space for expansion and additional revenue streams.
- Private parking lot with 14 spaces maximizes customer accessibility.
- Updated infrastructure including new refrigeration (less than 3 years old) and electrical systems.
- Well‑maintained building with recent paint and a relatively new roof (less than 15 years old).
Overview
Located in the heart of Los Angeles, this commercial property is situated on the corner of North Gage Street and Downey Road. The property currently has two tenants: a meat market/grocery store and a private warehouse, plus a separate bakery. The property includes a private parking lot to maximize customer traffic. The lot size is over 18,000 square feet, offering room to add more revenue by converting the unit into two additional businesses, potentially totaling four businesses in one building. The market features private office space, two industrial-size stainless steel walk-in coolers (one with 10 doors of shelf space), an industrial-size freezer, restaurant-grade flooring, stainless steel three-compartment sinks, two cutting tables, and two customer restrooms. The private parking lot offers 14 parking spots and dumpster space. The bakery contains an oven, its own restroom, a food display case, a grease trap, a two-compartment sink, and parking spaces for four vehicles. The building has been recently painted, and the roof is less than 15 years old. All refrigeration from walk-ins and the freezer is less than 3 years old. The electrical system has been updated to accommodate current and future business needs.
Location Intelligence
Current Use by Public Records
Meatland Carniceria
Take-out & Catering
Similar Places Nearby
- La Blanquita — 4136 E Cesar E Chavez Ave, Los Angeles, CA 90063
- Metro One Market — 3459 East 4th St, Los Angeles, CA 90063
- Food Mart — 3541 E Cesar E Chavez Ave, Los Angeles, CA 90063
- El Super — 3405 E Cesar E Chavez Ave, East Los Angeles, CA 90063
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.1844261
- Latitude
- 34.0363151
Nearby Similar for Sale
FAQs
What type of property is this?
Grocery and convenience store - Commercial property in Los Angeles with immediate cash flow potential.
Where is this grocery and convenience store located?
The property is located at 112 N Gage Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,999,999.
What are key features of this property?
This property features: Immediate cash flow with two existing tenants (meat market/grocery store and bakery).; Significant potential to increase revenue by adding two more businesses.; Large lot size (over 18,000 sqft) provides ample space for expansion and additional revenue streams.
