13407 Woodruff Avenue

Bellflower, CA 90706

PRICE REDUCED

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-$200,001 (-7.69%)

$2,399,999

List Price

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1985

calendar_month Built

Property Description

Prime Bellflower Corner Retail Shopping Center Strip or Restaurant, perfect for any investor or owner operator. 13407-13413 Woodruff Ave, Bellflower consists of one single-story, concrete reinforced strip retail building containing 6,184 of rentable square feet, situated on a 0.36-acre corner commercial parcel with high visibility and heavy vehicle traffic. The property was originally 4 independent units, that where combined to create one large bakery & restaurant of 6,184 square feet. The new buyer has a new canvas to finish building the restaurant or convert back into a 4-unit shopping center, the possibilities are endless. The subject property offers a 3.23:1,000 on-site parking ratio of 20 standard spaces. This heavily visible retail destination provides investors with a blank canvas to open a large restaurant/baker or open a retail strip center catering to multi tenants and earn rental income. This is a great investment with a potential multi-unit investment cap rate of 4.7%. Located off Woodruff Ave, traveled by over 12,000 vehicles per day, this strip center has highly visible signage. An array of diverse Restaurant & Bakery equipment is also available for sale. The property rests within beautiful Bellflower, California, where many neighborhood restaurants, and unmatched shopping are found close to Bellflower, California. This property is close to Interstates 105, 605, and 710. Bellflower is just a short drive to Long Beach and other wonderful surrounding cities.

Listing Information

List Price $2,399,999
Status Active
MLS MB24207284
Type Commercial
Subtype Retail
Year Built 1985
Lot Size 15,045
Structure Size N/A
DOM 16
Courtesy Of SOURCE REALTY GROUP
Listing Agent RUBEN SANCHEZ DRE#02006975

Interior Features

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Location(s) None
Total Bedroom
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Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: RUBEN SANCHEZ, SOURCE REALTY GROUP 323-240-4433. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 22nd, 2024 at 9:22 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.