This property at 318-322 S Market presents a truly remarkable real estate opportunity, combining strategic positioning, growth potential, and a vibrant community atmosphere. Its location, poised to become reminiscent of a 3rd Street Promenade-style environment with pedestrian-friendly enhancements, wide custom sidewalks, and a vibrant retail culture, makes it ideal for development and investment.
Key highlights include:
• Historic Core Zone (H_C): The property falls under a zoning area that supports diverse and favorable uses, aligning with the City of Inglewood's active promotion of development in this neighborhood.
• Proximity to Iconic Landmarks: Situated near Sofi Stadium, Intuit Dome, and Kia Forum, this location benefits from continuous retail growth driven by high foot traffic and community engagement.
• Development and Remodeling Momentum: With neighboring properties undergoing renovations and redevelopment, this street is rapidly transforming into a sought-after destination for businesses and consumers alike.
• Versatile Investment Potential: Offering three separate units, the property enables a buyer to either locate their own business while leasing additional units or fully lease the property for consistent income generation.
• Strategic Location: Close to Los Angeles and LAX Airport, the property enjoys excellent connectivity to major commercial hubs, further enhancing its appeal to businesses and investors.
• Market Growth: Rising property values and rental rates underscore the area's strong real estate fundamentals, making it a desirable market for long-term investments.
This property offers an exceptional opportunity for an owner or investor looking to capitalize on the area's burgeoning retail and commercial growth. With its prime location and favorable market dynamics, it stands as a valuable addition to any real estate portfolio.