10005 Rush St, South El Monte, CA 91733
2,940 SF | Industrial Building | South El Monte, CA 91733 | $1,600,000 ($544/SF)
For Sale
Active
- Date Added:
- September 16, 2024
- Days on Market:
- 7 days
Asking Price $1,600,000
- Property Type
-
Industrial
- Price / Square Foot
- $544
Listing Contacts
Drew Wetherholt
Verified Profile
Colin Wu
Verified Profile
- Property Info
Property Overview
Marcus & Millichap Real Estate Investment Services is pleased to present an extremely unique occasion to acquire a prime corner property to use as a restaurant and/or a development opportunity. The subject property is on approximately 0.29 acres parcel of land located at the northeast corner of Rush Street and Merced Avenue in the City of South El Monte. The present use on the property is a vacant restaurant building and concrete parking lot considered to be in average condition. The interior of the restaurant will need to be rehabbed and much of the kitchen equipment will need to be replaced. The lot is fully fenced.
LOCATION: The subject property is located at the signalized intersection of Rush Street and Merced Avenue and offers excellent visibility from both streets. The parcel also features driveways on both Rush Street and Merced Avenue. The property has direct access to the 60 Freeway approximately 4-5 blocks south via Merced Avenue. This opportunity is in the industrial/manufacturing/commercial region of South El Monte.
ZONING: The zoning of the property is South El Monte Manufacturing (SEM). This zoning will allow for various uses including industrial, manufacturing, repair, warehousing and various commercial. Secondary uses permitted within the manufacturing zone include residential uses, retail sales and open storage. Conditional uses may include restaurants, truck/auto sales, bank/financial institutions, business offices, industrial medical clinics, child care, and auto service stations/repair facilities. Buyer is advised to inquire with the city regarding their intending use for the subject property.
LOCATION: The subject property is located at the signalized intersection of Rush Street and Merced Avenue and offers excellent visibility from both streets. The parcel also features driveways on both Rush Street and Merced Avenue. The property has direct access to the 60 Freeway approximately 4-5 blocks south via Merced Avenue. This opportunity is in the industrial/manufacturing/commercial region of South El Monte.
ZONING: The zoning of the property is South El Monte Manufacturing (SEM). This zoning will allow for various uses including industrial, manufacturing, repair, warehousing and various commercial. Secondary uses permitted within the manufacturing zone include residential uses, retail sales and open storage. Conditional uses may include restaurants, truck/auto sales, bank/financial institutions, business offices, industrial medical clinics, child care, and auto service stations/repair facilities. Buyer is advised to inquire with the city regarding their intending use for the subject property.
Property Details
- Class
- B
- Year Built
- 1965
- Stories
- 1
- Lot Size (sq. ft)
- 12,632 SF
Highlights
- Restaurant and/or Development Opportunity
- Prime, Signalized Corner Location
- Excellent Visibility & Street Frontage
- Concrete Parking Lot; Attractively Fenced Lot
- Ideal Owner/User Opportunity
- More Economical to Own Rather than Lease
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