121 E St Wilmington, CA 90744
- Commercial real estate
- 3,944 SF
- 0.10 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 121 E St
- Year built
- 1939
- Lot size
- 0.10 lot acres
- Property size
- 3,944 SF
- Property type
- Commercial real estate
Description
This 3,944 square foot commercial building, situated on a 0.1-acre lot at 121 E Street in Wilmington, CA, presents a unique investment opportunity. Currently configured as a meeting hall and industrial kitchen, the property is being used to support a feeding program. However, its adaptable layout and prime location offer significant potential for redevelopment. The building's blank-slate interior allows for a wide range of future uses, catering to diverse business needs. The property's proximity to numerous ongoing construction projects suggests a thriving and developing neighborhood, further enhancing its investment appeal. This presents a chance to capitalize on the area's growth and create a tailored commercial space. The substantial square footage provides ample room for expansion or modification, making it suitable for a variety of commercial ventures. The 0.1-acre lot offers potential for outdoor space or expansion depending on zoning regulations and future development plans. Investors seeking a flexible and strategically located property in a dynamic area will find this Wilmington commercial building a compelling proposition. The asking price of $399,000 makes this an attractive entry point into the Wilmington commercial real estate market. Serious inquiries are encouraged to explore the possibilities this property offers.
Value Estimation
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- Los Angeles
- State
- California
- Longitude
- -118.263
- Latitude
- 33.7758
