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Liquor and Convenience Store
New
For Sale
$399,000

16045 Sherman Way, Van Nuys, CA 91406

Van Nuys, CA

Property SizeContact for details
Days on Market1

Property Features for 16045 Sherman Way

General Information

Property type Commercial Sale
Property subtype Other
Subdivision East Van Nuys
Standard status Active

Building Details

Year built 1981
Listing Agency: Real Estate EBroker, Inc.
Listed By: Pardeep Singh · License #02214563
Added: Oct 1 Last Checked: Oct 1 at 1:06PM
MLS# V1-39026

Copyright © 2026 California Regional MLS - Pasadena-Foothills and Ventura County Coastal. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 16045 Sherman Way in Van Nuys, this liquor and junior-market business combines packaged beverage sales with convenience retail. Its product mix includes beer, wine, spirits, other beverages, snacks, and everyday items.

Business listings show typical hours of 7:00 AM to 11:00 PM, with later closing on Fridays and Saturdays.

Key Highlights

  • Liquor and junior‑market retail operation at 16045 Sherman Way, Van Nuys
  • Product mix includes beer, wine, spirits, beverages, snacks, and everyday convenience items
  • Listed hours are generally 7:00 AM–11:00 PM, with later closing Friday and Saturday

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - The retail operation stocks beverages, snacks, and other everyday convenience goods.
Where is this grocery and convenience store located?
The property is located at 16045 Sherman Way 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 and junior‑market retail operation at 16045 Sherman Way, Van Nuys; Product mix includes beer, wine, spirits, beverages, snacks, and everyday convenience items; Listed hours are generally 7:00 AM–11:00 PM, with later closing Friday and Saturday
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