112 N Gage Ave Los Angeles, CA 90063
Commercial property in Los Angeles with immediate cash flow potential.
Lot size:
0.41 AcresProperty Features for 112 N Gage Ave
General Information
- Standard status
- Active
- Lot size
- 0.41 Acres
Source:
Exprealty
Listing Agency: CENTURY 21 EXPERIENCE Listing Agent: Christian Munoz
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Los Angeles Commercial Property Opportunity
This commercial property is located in the heart of Los Angeles, 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, as well as a separate bakery. The property includes a private parking lot to maximize customer traffic. With a lot size of over 18,000 square feet, there is potential to add more revenue by converting the unit into two additional businesses, totaling four businesses in one building. The market offers 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 the walk-ins and 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
Butcher Shop
Similar Places Nearby
La Blanquita, Metro One Market, Food Mart, El Super
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 Ave 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: - High Cash Flow Potential: Property is currently generating income with existing tenants and offers significant potential to increase revenue.; - Large Lot Size: Over 18,000 sqft provides ample space for expansion.; - Private Parking: Includes a private parking lot with 14 spaces for the main building and 4 spaces for the bakery, enhancing customer accessibility.