12908 Bailey St 10,826 SF Retail Building Whittier, CA 90601 $3,950,000 ($364.86/SF)



INVESTMENT HIGHLIGHTS
- Uptown Core
EXECUTIVE SUMMARY
This excellent owner-user retail opportunity is located in the heart of of Historic Uptown Whittier's Core zone (U-CO). The 10,000 sq ft commercial building sits on a prime corner lot with high visibility, positioned directly across from the Presbyterian Inter community Hospital Office building at the intersection of Greenleaf and Bailey. The property presents a compelling renovation opportunity for this under-utilized freestanding commercial retail building. Its location in desirable "Uptown" Whittier, recognized as the heart of the community, offers tremendous potential for economic redevelopment. Along with owner-user component, the best possible is a repositioning to a mixed-use development. Per code, 6 stories are permitted, with expansion of existing parking lot to accommodate the multifamily parking requirements.
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PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
10,826 SF
Building Class
C
Year Built
1941
Price
$3,950,000
Price Per SF
$364.86
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.51
Lot Size
0.49 AC
Zoning
C2UD - Retail establishments, medical/professional offices, restaurants and food service establishments, business services, financial services, etc
Parking
22 Spaces (2.03 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
Walk Score®
Walker's Paradise (97)
NEARBY MAJOR RETAILERS






City National Bank



PROPERTY TAXES
Parcel Number | 8139-014-017 | Improvements Assessment | $348,173 |
Land Assessment | $812,407 | Total Assessment | $1,160,580 |