$900,000
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PROPERTY IS BACK ON MARKET - BUYER DID NOT PERFORM. Bring offers subject to cancellation of current escrow. Welcome to your new business venture! This prime commercial property is located in the bustling neighborhood of Northridge, CA, with many restaurants surrounding the area and in a sweet spot of residential and business spaces. With its high visibility and heavy foot traffic, this property is the perfect place for an owner/tenant office play.The property features 1710 square feet of building space and an impressive 6078 square feet of lot, providing ample room for a variety of commercial uses. Additionally, the property comes with several parking spaces, ensuring that your customers will always have a convenient place to park. For developers, the lot is zoned LAM1 which allows for 10 units by right. If a residential development does not work, then a NNN commercial development would be perfect for an investor looking for a low risk investment - an excellent opportunity to generate passive income. Potentially providing a steady stream of cash flow from day one. Whether you're starting a new business or developing the property, this property offers endless possibilities. It's suitable for a wide range of businesses, including office, retail, manufacture, residential, or other commercial developments. With a little bit of creativity, you can turn this location into the business of your dreams.
Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Based on information from California Regional Multiple Listing Service, Inc. as of May 5th, 2024 at 12:20am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.