Corner Fashion 10926 Main St

5,216 SF Retail Building El Monte, CA 91731 $1,500,000 ($288/SF)

INVESTMENT HIGHLIGHTS

  • Heavy Daytime foot traffic
  • Can be leased to separated tenants between floors
  • Open floor plan
  • Lots of Natural lights
  • Substantial parking via city parking lot in rear
  • Easy Convert to Showroom/Storage/Office

EXECUTIVE SUMMARY

Major Price Reduction! Attention Investors and Business Owners! Prime Investment Opportunity! Storefront Retail/Office Building located at El Monte For Sale! The property boasts a corner location that offers optimal business exposure and offers a versatile 5216 square feet of space distributed over two stories with a flexible floor plan layout that can easily be customized to meet various requirements. Can be either owner occupied or lease out to NNN tenants. First floor layout for retail showrooms. Second floor can be office or storage room! Property needs some TLC. Plenty of parking space in the back! The area surrounding the property is thriving with various businesses and amenities, making it an ideal location for commercial activity. Call Listing Broker Oliver Wang 626-650-5666 for more information! Youtube Drone Link:https://youtu.be/FN6Esq-2YwA

FINANCIAL SUMMARY (PRO FORMA - 2023)

ANNUAL ANNUAL PER SF
Gross Rental Income $5,200 $1.00
Other Income $3,900 $0.75
Vacancy Loss - -
Effective Gross Income $9,100 $1.74
Net Operating Income - -

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,216 SF
Building Class
C
Year Built
1929
Price
$1,500,000
Price Per SF
$288
Tenancy
Single
Building Height
2 Stories
Building FAR
1.25
Lot Size
0.10 AC
Zoning
C2, El Monte - Commercial
Frontage
52 FT on Valley Mall Blvd

AMENITIES

  • Bus Line
Walk Score®
Very Walkable (89)
Transit Score®
Excellent Transit (70)
Bike Score®
Very Bikeable (78)

NEARBY MAJOR RETAILERS

Bank of America
Citi
Chase
Rent-A-Center
Order Express, Inc.
Smart & Final
The Camp Transformation Center
NORMS
Credit Union of Southern California
Starbucks

PROPERTY TAXES

  • Listing ID: 28425304

  • Date on Market: 5/7/2023

  • Last Updated:

  • Address: 10926 Main St, El Monte, CA 91731