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Liquor and Convenience Market
For Sale
$399,000

16045 Sherman Way I & J, Van Nuys, CA 91406

The store carries beer, wine, spirits, beverages, snacks, and everyday convenience goods.

Property Size8,653 SF
Price / SF$46.11
Days on Market32

Property Features for 16045 Sherman Way I & J

General Information

Standard status Active
Size 8,653 SF
Property subtype COMMERCIAL

Additional Details

Business Included Yes
Currently Operating Yes

Building Details

Building Size 8,653 SF
Year Built 1981
Listing Agency: Jamison Malone
Listed By: Satori Estates
Source: Thesatoriestates
Added: Oct 1 Changed: Nov 1 Last Checked: Nov 1 at 1:39AM

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 Jamison Malone

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Investment Insights

Based on property information with market context.

Sherman Liquors & Jr Mart combines a liquor store with a neighborhood market at 16045 Sherman Way in Van Nuys, California. Its merchandise includes beer, wine, spirits, beverages, snacks, and everyday convenience items. The property was built in 1981.

The business has operated for approximately 44 years, according to online business directories. Listed hours are generally 7:00 AM to 11:00 PM, with later closing on Fridays and Saturdays.

Key Highlights

  • Liquor store and convenience market at 16045 Sherman Way, Van Nuys, CA 91406
  • Merchandise includes beer, wine, spirits, beverages, snacks, and everyday convenience items
  • Generally open 7:00 AM–11:00 PM, with later closing Friday and Saturday

Property Analytics

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Open Analytics

Current Use

Pearl Island Restaurant Restaurant Fantasy Nails Nail Salon MINISTERIO CRISTIANO PENTECOSTES ... Church Karinas salon Hair Salon Razor Clippers Hair ... Hair Salon

Suggested Use

Top Pick Barber Shop Parking Lot & Garage Hair Salon Skin Care Clinic Butcher Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,748
Businesses Nearby
133k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 40% Shops & Services 37% Dining 20% Electronics 2%
Vallarta Supermarket Groceries
53,485 visits/mo 0.0 miles
Taco Bell Dining
26,873 visits/mo 0.4 miles
76 Shops & Services
17,358 visits/mo 0.4 miles
7-Eleven Shops & Services
13,377 visits/mo 0.1 miles
Mobil Shops & Services
9,370 visits/mo 0.1 miles

Demographics for 91406, CA

53,252
Population
19,650
Households
2.7
Avg Household Size
37
Median Age
29%
College-Educated
77%
High-School Grad
8.1 sq mi
ZIP Area
6,574
Density / Sq Mi
$76,653
Median Household Income
$41,469
Median Earnings
$1,859
Median Rent
$765,000
Median Home Value
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Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - The store carries beer, wine, spirits, beverages, snacks, and everyday convenience goods.
Where is this grocery and convenience store located?
The property is located at 16045 Sherman Way I & J Van Nuys, CA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Liquor store and convenience market at 16045 Sherman Way, Van Nuys, CA 91406; Merchandise includes beer, wine, spirits, beverages, snacks, and everyday convenience items; Generally open 7:00 AM–11:00 PM, with later closing Friday and Saturday
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