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- LoopNet Team
1114-1118 Colorado Blvd
Los Angeles, CA 90041
Eligible for Marijuana Dispensary & Delivery · Retail Property For Sale
PROPERTY FACTS
- Storefront
- General Retail Storefront Retail/Office
About 1114-1118 Colorado Blvd , Los Angeles, CA 90041
THIS IS IN ESCROW. Rosano Partners is proud to present a 3-unit corner retail building totaling 3,396 SF on a 6,709 SF, 2 parcel, lot in Eagle Rock. This outstanding corner property qualifies for both cannabis dispensary and delivery uses and is amply parked. 1114 is occupied by one tenant whose lease expires in July 2018 whose unit it 1,274 SF. 1116 and 1118 consist of 2,122 SF and is equally divided by two tenants, one with a month-to-month lease (1116) and the other with less than two years remaining (1118 tenant may be open to buy out) This property's prime location, parking, and license eligibility provides a fantastic opportunity to apply for a dispensary and or delivery license in the largest cannabis market in the world. In addition, the new owner has the options to keep income-generating tenants, lease to a potential cannabis delivery tenant, and or expand their own operation as they see fit. There are many options and flexibility to this deal. Seller is open to a licensing contingency.
Links
PROPERTY TAXES
Parcel Numbers |
Multiple
|
Improvements Assessment | $659,706 |
Land Assessment | $196,357 | Total Assessment | $856,063 |
PROPERTY TAXES
- 5690-026-035
- 5690-026-019
Learn More About Investing in Retail Properties
Listing ID: 11492475
Date on Market: 2/5/2018
Last Updated:
Address: 1114-1118 Colorado Blvd, Los Angeles, CA 90041
The Retail Property at 1114-1118 Colorado Blvd, Los Angeles, CA 90041 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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