Property Details for 14046 Ramona Blvd

Property type

Retail properties & Spaces

Property subtype

Grocery and convenience stores

Description

This exceptional investment opportunity presents two adjacent retail buildings totaling 1,800 square feet of net rentable space situated on a substantial 13,111 square foot lot in the vibrant Baldwin Park, California market. Located at 14042 and 14046 Ramona Blvd, 91706, this property offers significant potential for growth and expansion. The property consists of two buildings; one currently houses a liquor store operated by the owner, and the adjacent building is leased on a month-to-month basis for $2,500 per month. The asking price for the entire property is $1,350,000. The current owner/user operation provides a strong foundation for continued income generation. A new owner could expand the existing liquor store business by utilizing the adjacent lot, currently leased, as additional parking or for further business expansion. Should the buildings be sold separately, the lease on the adjacent building would increase to $3,500 per month plus NNN. This Class D property presents a unique opportunity for an owner-user seeking to expand their existing business or an investor looking for a multi-tenant retail investment in a high-traffic area of Los Angeles County. The property's strategic location and the potential for expansion make this a compelling investment opportunity. The two-building configuration offers flexibility for various business models and future development. This is a rare chance to acquire a well-positioned retail property in a thriving California market.

Location Insight

City

Baldwin Park

County

Los Angeles

State

California

Longitude

-117.967

Latitude

34.0846