7151,7161,7171 Westminster Blvd.
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7151,7161,7171 Westminster Blvd.
4,000 SF 100% Leased Retail Building Westminster, CA 92683 $1,999,000 ($500/SF)
Investment Highlights
- Cornet lot with alley
- Renovate existing commercial into medical/retail office
- MIXED-USE zoning
Executive Summary
The subject property consists of 4,000 sq. ft., and is situation on 13,260 sq. ft. of land. Currently, 100% occupied with short term tenants. Corner of Westminster Blvd & Cedar Street with an alley. Excellent opportunity for renovation the existing commercial into medical offices or redevelopment(Buyer must verify all zoning details with city), or something similar to the recently completed Westminster CROSSING development project(MIXED-USE), which is located across the street from the subject property. Opportunity to continue collecting income from existing tenants while processing entitlements.
The property to be sold "AS IS" condition.
APN: 096-084-10, 096-084-11, & 096-084-12...
The property to be sold "AS IS" condition.
APN: 096-084-10, 096-084-11, & 096-084-12...
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,000 SF
Building Class
C
Year Built
1954
Price
$1,999,000
Price Per SF
$500
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
0.30 AC
Zoning
MIXED-USE - MIXED-USE(MU36)
Amenities
- Corner Lot
Walk Score ®
Very Walkable (87)
Nearby Major Retailers
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $236,348 | |
Land Assessment | $502,264 | Total Assessment | $738,612 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$502,264
Improvements Assessment
$236,348
Total Assessment
$738,612
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7151,7161,7171 Westminster Blvd.
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