This listing presents an exciting opportunity for either an investor or owner-operator to acquire a prime retail shopping center or restaurant space located at 13407-13413 Woodruff Ave, Bellflower, California. The property offers substantial flexibility with 6,184 square feet of rentable space in a single-story, concrete-reinforced strip retail building, situated on a 0.36-acre corner lot. Originally divided into four units, the property has since been combined into a large bakery and restaurant space, but it could easily be converted back into a multi-unit shopping center if desired.
Key highlights include:
• High visibility on Woodruff Ave with exposure to over 12,000 vehicles per day.
• Parking: The property offers 20 on-site standard parking spaces, providing a 3.23:1,000 parking ratio.
• Versatile use: The buyer has the option to either complete the restaurant build-out or convert the property into a retail strip center, making it ideal for multi-tenant use.
• Investment potential: With a multi-unit offering, this property could generate solid rental income.
• Prime location: Corner Lot in Close proximity to major highways (105, 605, and 710) and situated within a strong demographic area, with an average household income of $89,175 within a 3-mile radius and annual consumer spending of $1.9 billion.
• Equipment available: An array of restaurant and bakery equipment is also available for purchase at an additional cost of $120,000.
This property is strategically located in the vibrant city of Bellflower, near Long Beach and other nearby cities, offering potential tenants access to a thriving community and robust consumer base.