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13311 Sherman Way North Hollywood, CA 91605

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For Sale
$7,950,000

21,784 SF industrial/commercial building on a 18,883 SF lot.

Building Details

Year built
1953

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Listing Contact
Patrick Long
Patrick Long
Source: Stevensonrealestate

Listing Agent: Patrick Long

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

North Hollywood Commercial Building For Sale

Located in North Hollywood, this commercial building offers approximately 21,784 square feet of space on an 18,883 square foot parcel. The property is zoned CM (commercial manufacturing), which allows for commercial and industrial uses. The building features approximately 9,000 square feet of improved and permitted restaurant/banquet hall space upstairs, complete with an elevator, commercial kitchen, bathrooms, and a reception area. A second-floor outdoor patio area is available for guests. The ground floor provides approximately 12,784 square feet of garage/warehouse space. The building is fully sprinklered and includes a secure, fenced parking lot. There is potential to expand the ground floor to accommodate office and media-related uses. The property is situated on a corner lot at Sherman Way and Fulton Avenue, with an estimated traffic count of 51,247 cars per day. It is located blocks from the Sherman Way on/off-ramps for the 170 and 405 freeways. Buyer to verify building square footage and current certificate of occupancy for restaurant, storage, and parking garage.
Location Intelligence

Current Use by Public Records

Lighthouse Paros Restaurant

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
North Hollywood
County
Los Angeles
State
California
Longitude
-118.4229214
Latitude
34.2013579

FAQs

What type of property is this?
Mixed-use property - 21,784 SF industrial/commercial building on a 18,883 SF lot.
Where is this mixed-use property located?
The property is located at 13311 Sherman Way North Hollywood, CA.
What is the asking price?
The asking price for this property is $7,950,000.
What are key features of this property?
This property features: - Prime corner lot location at Sherman Way and Fulton Avenue with high traffic count.; - CM-zoned land allowing for diverse commercial/industrial uses.; - Approximately 21,784 square foot building with restaurant/banquet hall and garage/warehouse space.
More about this property
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