Property summary
This exceptional 22,000-square-foot industrial property, located at 2876 Vail Avenue in Commerce, California, presents a unique investment opportunity. Situated on a 1.01-acre lot, this building offers a compelling blend of manufacturing and warehouse space, ideal for owner-occupiers. The property features three dock-high doors, facilitating efficient loading and unloading operations. With a ceiling height of 14 feet, the space provides ample vertical clearance for various industrial uses. The building was constructed in 1956 and is zoned M2 - Heavy Industrial, allowing for a wide range of permitted activities. The asking price is $6,578,000, translating to a price per square foot of $299. The property is available for sale or lease under a triple net (NNN) lease agreement. While a lease commencement date of January 1st, 2025, is anticipated, the current lease term is negligible (0.1 years remaining). The property's location in Commerce, Los Angeles County, CA 90040 (APN 6354-037-003), offers excellent access to major transportation arteries, enhancing logistical efficiency. Interested parties should contact the listing agent for further details. This is a rare opportunity to acquire a well-located, functional industrial property in a thriving market.
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6 recent transactions · within 1.5 miComparable in this City
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Tax year 2024Property description
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CMM2* · Commerce, CAZoning
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