1009 Crenshaw Blvd, Los Angeles, CA 90019
240 SF | Retail Building | Los Angeles, CA 90019 | $6,950,000 ($28,958/SF)
For Sale
Active
Asking Price $6,950,000
- Property Type
-
Retail
- Square Feet
- 240 SF
- Price / Square Foot
- $28,958
Listing Contacts
Patrick Wade
Alex Kozakov
Matthew Greenberg
Jack Webber
Bo Henderson
Vivian Tran
- Property Info
Property Overview
Koreatown Gas Station | Exceptional Owner-User Opportunity
Property Details
- Class
- B
- Year Built
- 1984
- Stories
- 1
- Property Subtype
- Service
- Lot Size (sq. ft)
- 17,424 SF
Highlights
- The Subject Property presents an exceptionally rare opportunity to purchase a gas station in urban Los Angeles/Koreatown neighborhood.
- The property is operating under a month-month lease, which is cancelable by either Landlord or Tenant with 30-day notice.
- Tenants and operators can take advantage of existing E85 Fueling Infrastructure Grant Programs to off-set new equipment, tank, and dispensing costs.
- With the month-month lease, investors can benefit from immediate potential to increase the rent to a market rate.
- The property is situated at the high traffic intersection of Olympic Blvd. and Crenshaw Blvd.
- There are currently ten (10) gas pumps on-site, allowing for many vehicles to access the property while simultaneously pumping fuel.
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