Freestanding Retail Building with Theater
For Sale
Contact for pricing
8200 3rd Street, Downey, CA 90241
Vacant, single-story commercial building with flexible interior improvements and Downtown Downey Specific Plan zoning.
Property Size38,913 SF
Lot Size1.04 Acres
Price / SF$19.27
Days on Market9
Property Features for 8200 3rd Street
General Information
Standard status
Active
Size
38,913 SF
Lot size
1.04 Acres
Property subtype
Retail
Zoning
Downtown Downey Specific Plan
Investment Type
Redevelopment
Additional Details
Highway Access
Yes
Amenities
bar infrastructure
luxury seating
enhanced lobby areas
elevated food and beverage amenities
Building Details
Year Built
1997
Buildings
1
Stories
2
Units
1
Tenancy
Single
Listing Agency:
Marcus & Millichap - Fort Lauderdale
Listed By:
Philip Kates · License #FL 3235872
Source:
Crexi
Added: Aug 3
Changed: Aug 9
Last Checked: Aug 10 at 8:30AM
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 Marcus & Millichap - Fort Lauderdale
Investment Insights
Based on property information with market context.
This vacant, freestanding retail building contains approximately 38,913 square feet on an approximately 1.04-acre parcel. Constructed in 1997, the one-story property was previously operated as a 10-screen cinema and includes an upgraded interior with bar infrastructure, luxury seating, enhanced lobby areas, and food-and-beverage improvements. A full liquor license was previously maintained, with any future relicensing subject to applicable approvals.
The property has frontage on three roads, including approximately 261 feet along 3rd Street and approximately 175 feet each along New Street and La Reina Avenue. Access to an adjacent public parking garage and surrounding street parking supports the existing commercial configuration. Located in Downtown Downey, the site is governed by the Downtown Downey Specific Plan and offers a setting for adaptive reuse or redevelopment subject to applicable approvals. Regional access includes I-5 approximately 2 miles away, I-105 approximately 2.5 miles away, and I-710 approximately 2 miles away.
The property has frontage on three roads, including approximately 261 feet along 3rd Street and approximately 175 feet each along New Street and La Reina Avenue. Access to an adjacent public parking garage and surrounding street parking supports the existing commercial configuration. Located in Downtown Downey, the site is governed by the Downtown Downey Specific Plan and offers a setting for adaptive reuse or redevelopment subject to applicable approvals. Regional access includes I-5 approximately 2 miles away, I-105 approximately 2.5 miles away, and I-710 approximately 2 miles away.
Key Highlights
- Approximately 38,913 SF freestanding retail building on an approximately 1.04‑acre parcel
- Former 10‑screen cinema with bar infrastructure, luxury seating, lobby improvements, and food‑and‑beverage amenities
- Approximately 261 feet of frontage on 3rd Street
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,177
Businesses Nearby
130k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 40%
Groceries 29%
Hotels & Casinos 19%
Dining 8%
Grocery Outlet Bargain Market
Groceries
37,755 visits/mo
0.3 miles
Dollar Tree
Shops & Services
25,621 visits/mo
0.3 miles
Embassy Suites By Hilton Los Angeles Downey
Hotels & Casinos
25,222 visits/mo
0.2 miles
Wells Fargo
Shops & Services
19,841 visits/mo
0.2 miles
U.S. Bank
Shops & Services
6,567 visits/mo
0.1 miles
Demographics for 90241, CA
44,921
Population
15,100
Households
3
Avg Household Size
37
Median Age
25%
College-Educated
81%
High-School Grad
4.9 sq mi
ZIP Area
9,168
Density / Sq Mi
$84,375
Median Household Income
$43,319
Median Earnings
$1,884
Median Rent
$770,100
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Vacant, single-story commercial building with flexible interior improvements and Downtown Downey Specific Plan zoning.
Where is this storefront property located?
The property is located at 8200 3rd Street Downey, CA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Approximately 38,913 SF freestanding retail building on an approximately 1.04‑acre parcel; Former 10‑screen cinema with bar infrastructure, luxury seating, lobby improvements, and food‑and‑beverage amenities; Approximately 261 feet of frontage on 3rd Street
