14520 Delano St - Auto Repair FOR SALE


Van Nuys, CA 91411
$2,500,000 USD
818-823-0832
14520 Delano St, Van Nuys, CA for Sale
$2,500,000 USD
Auto Repair - FOR SALE
1/4
null | Request Cap Rate

14520 Delano St
Van Nuys, CA 91411


HIGHLIGHTS

  • Versatile Automotive Use Building Totaling 5,000 SF with High Ceilings, Spray Booth and a Variety of Possible Uses Situated Upon 7,544 SF of Land
  • SBA 504 Financing Available, Down Payments of 10-15%and New SBA Incentives
  • Variety of Allowable Automotive/Industrial Uses – Los Angeles City [Q] C2-1VL -CDO
  • Less than 2 Miles From the 405 Freeway and Los Angeles Valley College (16,194 Students)
  • Affluent 5-Mile Demographics: 696,188 Population and Average Household Income of $106,546
  • Highly Desirable Auto Body Shop Use in High Barrier to Entry Market of Van Nuys / San Fernando Valley (Los Angeles)

OVERVIEW

The Ovaness-Rostamian Group of Marcus & Millichap is pleased to present a rare opportunity to acquire a highly desirable automotive-use commercial building located in the city of Van Nuys (Los Angeles). Due to the variety of auto-related uses the building can accommodate (body repair/body paint w/spray- booth/auto service/auto parts sales/ industrial warehouse/distribution) this value-added or potential owner-user asset will give the new ownership the ability to reposition and/or occupy the subject property. The subject property comprises of approximately 5,000 SF of building situated upon 7,544 SF of land. An Owner/User can obtain favorable Small Business Administration (SBA) Financing. Effectively, it may be more economical to own the building rather than to lease space considering the low down payment needed (10-15%) coupled with potential tax advantages of real estate ownership. Strategically located on Delano St and Van Nuys Blvd, the site benefits from a combined 59,439 cars per day, less than 2 miles from the 405 free way and located in a highly dense trade area. Affluent 3-Mile Demographics, 292,202 population and an average household income of $101,853.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$500 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Body Shop - Automotive Owner-User Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1929

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

C2-4

APN/PARCEL ID

2241-020-009

ASK ABOUT THIS PROPERTY

Ara RostamianMarcus & MillichapMore Info
818-823-0832

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Ara RostamianMarcus & MillichapMore Info
818-823-0832

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.