6720 Bright Ave, Whittier, CA 90601

2,290 SF | Retail Building | Whittier, CA 90601 | $1,650,000 ($721/SF)

Date Added:
September 16, 2024
Days on Market:
13 days

Asking Price $1,650,000

Property Type
Retail, Restaurant
Square Feet
2,290 SF
Price / Square Foot
$721

Listing Contacts

Jay Martinez
Jay Martinez
Verified Profile
  • Property Info

Property Overview

This Owner User opportunity is a totally renovated, interior and exterior with a creative modern aesthetic. The property is was hand measured to 2,290 square feet of existing improvements and a 7,000 square foot lot, situated in the bustling Uptown Whittier between Philadelphia and Bailey Streets. The building features 18 private surface spaces exceeding the parking requirement, General Uptown Zoning under the Whitter Specific Plan allows a variety of end users: including medical uses, coffee shop and restaurants. Additionally, the generous building-to-land ratio leaves the potential to expand the existing footprint. Currently the building is leased out to an IT company which has rolled over into a month-to-month Modified Gross lease paying: $3.09 PSF base rent and $.85 PSF CAM ($9,925.94). Tenant is willing to sign lease long-term, thriving business with customized built-out for IT use.

Property Details

Class
C
Year Built/Renovated
1937/2020
Stories
1
Property Subtype
Freestanding, Loft/Creative Space, Medical
Lot Size (sq. ft)
6,970 SF

Highlights

  • 10-15% Down Payment Available Financing - Conventional & SBA Loans
  • MTM Tenancy - Totally Renovated Turnkey Modern Building Interior & Exterior
  • Uptown Whitter Specific Plan Allows a Plethora of Uses: Medical, Resturant, Cafe, Day Care, & General Retail/Office
  • Rear Alley - Access to 18 Private Surface Spaces - Building Expansion Potential (Add SF to Bld.)
  • Ideal Headquarter Location - Current Tenant
  • Across Street From 3-story Public Parking Structure - Free

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