Mixed-Use Retail and
16616 Normandie Avenue Gardena, CA 90247
16616 Normandie Avenue, Gardena, CA, 90247
$1,249,000
For Sale
$1,249,000
Property includes a restaurant, a motorcycle shop, and an attached one-bedroom residence.
Property Size3,788 SF
Price / SF$329.73
Days on Market419
Property Features for 16616 Normandie Avenue
General Information
- Standard status
- Active
- Size
- 3,788 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1940
Listing agency
Lee & Associates Commercial Real Estate Services, Inc.
(626) 535-9888
Listed by
Pasadena
Source
Xome
Added: May 31, 2025 Updated: Jul 22 at 7:24PM Checked: Jul 22 at 7:24PM
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 Lee & Associates Commercial Real Estate Services, Inc.
Investment Insights
Based on property information with market context.
This for-sale mixed-use property features two retail operations, including a restaurant and a motorcycle shop. An attached one-bed, one-bath residence is also included, creating a configuration well-suited for an owner-user who wants both commercial income and on-site living space.
The property neighbors NAPA Auto Parts, Twilight Liquor, and Gardena Welding Supply, along with numerous nearby eateries. The setting offers an established commercial adjacency with automotive and retail-oriented uses in the immediate area.
Offered for sale with SBA financing considered, the property is presented as a single package including the restaurant, motorcycle shop, and residence.
The property neighbors NAPA Auto Parts, Twilight Liquor, and Gardena Welding Supply, along with numerous nearby eateries. The setting offers an established commercial adjacency with automotive and retail-oriented uses in the immediate area.
Offered for sale with SBA financing considered, the property is presented as a single package including the restaurant, motorcycle shop, and residence.
Key Highlights
- Two retail operations: restaurant and motorcycle shop
- Attached one‑bedroom, one‑bath residence
- Guest facilities listed as 3
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $128.2k | $33.84 |
| − Vacancy | −$8.5k | −$2.23 |
| EGI | $119.7k | $31.61 |
| − OpEx | −$29.9k | −$7.90 |
| NOI | $89.8k | $23.70 |
3,788 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.28M
$1.12M – $1.50M
NOI $89,794 @ 7.0% cap · market cap 7.19%
Second Best
Retail
$1.20M
$1.05M – $1.40M
NOI $83,808 @ 7.0% cap · market cap 6.71%
Theoretical Best
Office A
$2.03M
$1.77M – $2.37M
NOI $141,966 @ 7.0% cap · market cap 11.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Josie's
Restaurant
Similar For Sale Nearby
Similar Off Market Nearby
- Victor's Auto Services Inc — 17805 Denker Ave, Gardena, CA 90248
- M & T Auto — 1939 Artesia Blvd, Gardena, CA 90247
- NITROHEAT — 17803 La Salle Ave, Gardena, CA 90248
- Hex Mufflers — 1957 Artesia Blvd # C, Gardena, CA 90247
- Able Auto Repair — 1957 Artesia Blvd, Gardena, CA 90247
FAQs
What type of property is this?
Auto shop - Property includes a restaurant, a motorcycle shop, and an attached one-bedroom residence.
Where is this auto shop located?
The property is located at 16616 Normandie Avenue Gardena, CA.
What is the asking price?
The asking price for this property is $1,249,000.
What are key features of this property?
This property features: Two retail operations: restaurant and motorcycle shop; Attached one‑bedroom, one‑bath residence; Guest facilities listed as 3
