Norwalk Homes with Retail Subtype

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Newest Norwalk Homes with Retail Subtype

$829,000

OC26109352 MLS ⋅ Active Status

BIG DISCOUNT! It can be used as an investment or for personal use This storefront retail property consists of three tenants with 750 sq. ft. each. The Tax office unit has been in business for 5 years. Juice Bar business has been in this business for 10 yr. The vacant hair salon had been in business for 10 years until the tenant decided to retire. There are five parking stalls plus one handicap parking in the back. The units are very easily rented due to the small unit size. Juice Bar is Base Rent $1,127.00+ CAM $964.00 a month and Tax Office is Base Rent $1,094.00+CAM $750.00 a month. Hair Salon used to be $2273 a month. The property’s roof has been totally renovated. The copper water supply lines from the city main terminal were replaced and rerouted to all 3 units along with broken main drain under sidewalk. Electrical wiring in all units inspected and all 3 old and outdated electrical breaker panels replaced. This small strip is located on highly visible Rosecrans Avenue and ideally surrounded by established residences with retirees where there’s growing demand for personal services of hair salons, barber, nail shops, insurance, income tax, low cost takeout foods and drinks etc. Rent right now is lower than market.

11912 Rosecrans Ave, Norwalk

$1,599,000

CV26012252 MLS ⋅ Active Status

HUGE PRICE IMPROVEMENT!!!!!!!!!!!!! Exceptional Income Producing Investment Property for Sale with so much potential. Do not miss this rare opportunity to acquire a well-established restaurant property situated on nearly half an acre of land. The property features three detached buildings, offering both operational and income-producing potential. The main building is a well-maintained restaurant prominently located on the corner of high-traffic Rosecrans Avenue, providing excellent visibility and accessibility . The two additional detached buildings on the site are currently leased and generating consistent monthly income. The primary building is occupied by a restaurant tenant under a 5 yr lease contract at $5,000 per month plus NNN, while two additional detached buildings are leased to complementary businesses; one tenant operates under a five-year lease at $2,500 per month which will increase to $3,000 per lease agreement in December plus NNN, while the 3rd tenant maintains a month-to-month agreement at $1,200 per month. With all spaces fully leased, investors benefit from immediate cash flow and minimal operational oversight. The sale includes existing restaurant equipment, making this great for an investor seeking a versatile commercial asset with strong income potential. Please Do NOT bother property tenants or employees or ask them any questions, showings MUST be accompanied by the owner/property manager or listing agent.

13226 Rosecrans, Norwalk

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.